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Paypal Closed in Turkey WTF

Discussion in 'Black Hat SEO' started by methos, May 31, 2016.

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  1. methos

    methos Supreme Member

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    WOW today i just received email from Paypal that it closed in turkey !! i think there are no other solution except creating a VPP in another country ! anyone has other solution ?

    F U Paypal !!!
     
  2. BlogPro

    BlogPro Jr. VIP Jr. VIP

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    It's not them. The Turkish officials from BDDK - the banking regulatory authority first delayed then refused to give them an operating license.
     
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  3. amoon

    amoon Jr. VIP Jr. VIP

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    Is it a political issue?
     
  4. BlogPro

    BlogPro Jr. VIP Jr. VIP

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    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.
     
  5. RuthSam

    RuthSam Jr. VIP Jr. VIP Premium Member

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    There is much more information on paypal about this, just google it :)
     
  6. nikHacker

    nikHacker BANNED BANNED

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    I sell you mine you can sent and receive money anywere you want :)
     
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  7. Ambassy

    Ambassy BANNED BANNED

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    Well after that birth control statement your president made I find it quite fitting.
     
  8. Anonymously

    Anonymously Jr. VIP Jr. VIP

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    Say thank you, Erdogan.
     
  9. Cshark

    Cshark Jr. VIP Jr. VIP Premium Member

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    Bad start of the day, OP. PayPal may have had to comply with local regulations. Start using a VA and you can operate just like the old times.
     
  10. therealgamer420

    therealgamer420 Junior Member

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    I'm here if you want a VA. I need long time income source.
     
  11. maestroxl2

    maestroxl2 Newbie

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    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 :)
     
  12. frenchboy

    frenchboy Power Member

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    pretty sure paypal gives no fuck and the people or Turkey are the losers here, not paypal.
     
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  13. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

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    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?
     
  14. maestroxl2

    maestroxl2 Newbie

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    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: Dec 5, 2016
  15. maestroxl2

    maestroxl2 Newbie

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    No solution. As long as PP does not keep its IT systems in Turkey, they will not get a new license.
     
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  16. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

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    I guess we need a holiday where the Turkey pardons the banker.
     
  17. frenchboy

    frenchboy Power Member

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    78 million inhabitants is nothing.

    You have no understanding of worldwide banking.
     
  18. The Data Scientist

    The Data Scientist Jr. VIP Jr. VIP

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    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.
     
  19. maestroxl2

    maestroxl2 Newbie

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    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
     
  20. equinoctial

    equinoctial Regular Member

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    I wonder how many people even know what PayPal is lol