Local PayPal transactions to end next month
Online payment provider says relaunch in Thailand delayed as it seeks more time to comply with local laws
Consumers in Thailand with PayPal accounts will not be able to use the service after March 7, the online payment company has announced.
As well, the accounts of freelancers, small-scale entrepreneurs and casual online sellers will have “limited functionality”, the company said.
This has implications for thousands of people who have taken up online selling to earn extra income in the past two years at a time when the pandemic was affecting employment and earnings.
PayPal has been attempting for several months to roll out a phased relaunch in Thailand but said it had encountered further…
