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Sunday, May 5, 2024

Say goodbye to your PayPal account from March 7, services to relaunch in Thailand

Got a PayPal account? Withdraw your remaining balance into your bank account. PayPal is relaunching its services in Thailand. Starting next month, customers in the country will not be able to use their PayPal wallets to shop online. They will also not be able to make a new account until further notice.

Casual sellers and entrepreneurs of non-registered businesses will have “limited functionality” on the payment site, a move that will affect those in Thailand as many people have started doing business and transactions online due to the pandemic.

The changes start March 7 and PayPal says the company is working closely with Thai authorities on the relaunch to extend its services in Thailand. Don’t worry, PayPal says you’ll still be able to withdraw your balance to a linked bank account after March 7. Consumers can also still make payments with a debit or credit card through…

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