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May 31, 2016 11:15 am GMT

PayPal to halt operations in Turkey after losing license, impacts hundreds of thousands

Image (1) istanbul-golden-horn-scene.jpg for post 138291Turkey has been making moves to bring tech business in the country under more localised control,and todaybig U.S. online payments company PayPal became the latest casualty. The company announced that it is suspending business operations in Turkey effective June 6, after failing to obtain a new license for its services. The closure, PayPal told TechCrunch, will affect tens of thousands… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Q0WrQzZ3TEw/

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Techcrunch

TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

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