Business Paypal

Discussion in 'PayPal' started by the rebel, Sep 10, 2008.

  1. #1
    Hello Guys,

    iam inquiring about something important in a business paypal account. do they allow money exchange ? plz can some1 confirm this?
     
    the rebel, Sep 10, 2008 IP
  2. eddy2099

    eddy2099 Peon

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    #2
    No, they don't allow money exchanges at all. In the past they do but they no longer offers that option anymore. I supposed it is just opened to too much abused and the law is making it tough for them.

    Besides if you want to engage in money exchanges you need to obtain government licenses to engage in that activity.

    Some such licenses which Paypal needs to obtain to engage in what they do are listed at https://www.paypal-media.com/state_licenses.cfm



    See https://www.paypal.com/us/cgi-bin/webscr?cmd=p/gen/ua/use/index_frame-outside which shows Money Exchanges as still prohibited.
     
    eddy2099, Sep 10, 2008 IP
  3. the rebel

    the rebel Active Member

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    #3
    THNX bUT I MEAN ILL DO MONEY EXCHANGE THROUGH ONLU MY EMAIL , NO OFFICIAL WEBSITE FOR THAT. IM FROM US
     
    the rebel, Sep 10, 2008 IP
  4. eddy2099

    eddy2099 Peon

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    #4
    No, it is still illegal in the US to engage in money exchanges without a license, with or without Paypal.
     
    eddy2099, Sep 10, 2008 IP
  5. mixke

    mixke Prominent Member

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    #5
    Don't know what you mean by this, can you please be more clear? However, PayPal doesn't support money/currency exchange. But, yea, you can do it once or twice without getting caught.

    And, you cannot send money from PayPal account to Moneybookers account (or any other).
     
    mixke, Sep 10, 2008 IP
  6. the rebel

    the rebel Active Member

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    #6
    Okay, thanks Now confirmed its not Allowed

    thanks alot
     
    the rebel, Sep 10, 2008 IP
  7. Pervert-For-Life

    Pervert-For-Life Banned

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    #7
    no matter what type of account you open, they dont allow money exchange... however you can do whatever you like.... except you will get one step close to paypal account suspend departments....:D who just love suspending users....:D
     
    Pervert-For-Life, Sep 11, 2008 IP