- Apr 23, 2012
- 2,853
- 5,869
Get a 2Checkout Account.
It's not them. The Turkish officials from BDDK - the banking regulatory authority first delayed then refused to give them an operating license.
- Apr 23, 2012
- 2,853
- 5,869
Seems like it. Although I won't be able to give you a proper outlook as am not from there.
But from what I've heard and read, BDDK refused to grant them an operation license without citing any reason.
Anonymously
Regular Member
- Apr 23, 2016
- 429
- 133
Say thank you, Erdogan.
therealgamer420
Junior Member
- Oct 24, 2015
- 199
- 57
I'm here if you want a VA. I need long time income source.
maestroxl2
Registered Member
- Nov 28, 2016
- 66
- 13
lol.. The reason why this happened is because, like in most countries, the banking regulator requests all financial institutions to save customer data on LOCAL dataservers. Paypal did not want to do this. If you are collecting sensitive data from a country citizens, why don't you obey the rules which all financial institutions must do and move your servers, for TR customers, to TR? Open an office and do your operations from there...If you do not obey the local banking rules, do not be suprised if your license not gets prolonged 
pretty sure paypal gives no fuck and the people or Turkey are the losers here, not paypal.lol.. The reason why this happened is because, like in most countries, the banking regulator requests all financial institutions to save customer data on LOCAL dataservers. Paypal did not want to do this. If you are collecting sensitive data from a country citizens, why don't you obey the rules which all financial institutions must do and move your servers, for TR customers, to TR? Open an office and do your operations from there...If you do not obey the local banking rules, do not be suprised if your license not gets prolonged
- Mar 21, 2013
- 24,780
- 31,560
lol.. The reason why this happened is because, like in most countries, the banking regulator requests all financial institutions to save customer data on LOCAL dataservers. Paypal did not want to do this. If you are collecting sensitive data from a country citizens, why don't you obey the rules which all financial institutions must do and move your servers, for TR customers, to TR? Open an office and do your operations from there...If you do not obey the local banking rules, do not be suprised if your license not gets prolonged
Sure but this is an old thread mate. Is Paypal still blocked in Turkey or have they sorted it out in the past 6 months?
maestroxl2
Registered Member
- Nov 28, 2016
- 66
- 13
lol.. a country with more than 78 million habitants, located as bridge between asia and europe with an extreme use of online shopping and a population of 30% between 20-35 years old.. and you think paypal don't give a 'fuck' ?
hence why most banks are standing in line at the BDKK for a banking license there )mate, from your comments I see you have no understanding of the banking sector in Turkey. Please do some investigation before making ignorant comments
Ecommerce transactions were valued at €6.34 billion in 2015. Thats only the payments in TR e-commerce stroes only. Not calculated the amount imported goods/services from other countries. Its not peanuts amounts for paypal. If they could only get 5% from this pie, its still a pie of €317 million.. Not nothing for any company out there and 5% isn't much.
Last edited:
maestroxl2
Registered Member
- Nov 28, 2016
- 66
- 13
No solution. As long as PP does not keep its IT systems in Turkey, they will not get a new license.
- Mar 21, 2013
- 24,780
- 31,560
I guess we need a holiday where the Turkey pardons the banker.
78 million inhabitants is nothing.lol.. a country with more than 78 million habitants, located as bridge between asia and europe with an extreme use of online shopping and a population of 30% between 20-35 years old.. and you think paypal don't give a 'fuck' ?
mate, from your comments I see you have no understanding of the banking sector in Turkey. Please do some investigation before making ignorant comments
Ecommerce transactions were valued at €6.34 billion in 2015. Thats only the payments in TR e-commerce stroes only. Not calculated the amount imported goods/services from other countries. Its not peanuts amounts for paypal. If they could only get 5% from this pie, its still a pie of €317 million.. Not nothing for any company out there and 5% isn't much.
You have no understanding of worldwide banking.
Daniel from Linxact
Senior Member
- Nov 3, 2016
- 852
- 363
To be exact: 78.000.000 / 7.469.000.000 (rounded) = 0,010443165 ≙ ~1,04% of all people on earth. That's a significant value even if it's low. So PayPal should care but I think it is mainly politically motivated. I also wouldn't like to do major businesses in a country with a head of state which wants to become a dictator.
maestroxl2
Registered Member
- Nov 28, 2016
- 66
- 13
Frankly, it doesn't matter who is dicator or not. What matters is $$$
Look at china or venezuela or Saudia Arabia.. once its about money, religion, politics etc doen't matter for most companies.
Where is Apple's factories? I guess in a country which is not really democratic either its just there cause of cheap labor.. This is the power of money
Look at china or venezuela or Saudia Arabia.. once its about money, religion, politics etc doen't matter for most companies.
Where is Apple's factories? I guess in a country which is not really democratic either
its just there cause of cheap labor.. This is the power of money
equinoctial
Regular Member
- Sep 8, 2016
- 319
- 39
I wonder how many people even know what PayPal is lol