728_header.jpg (23748 bytes)
 EB Blog 
 AB Blog 
EcommerceBytes-NewsFlash, Number 2254 - March 30, 2010 - ISSN 1539-5065    3 of 5

PayPal Limits Transactions in Japan Due to Pending Regulation

By Ina Steiner
March 30, 2010

Email This Story to a Friend

PayPal customers in Japan will no longer be able to send personal payments to individuals using the PayPal "send money" service effective March 31st. PayPal said the changes were necessary in order to comply with new Japanese regulations that go into effect on April 1.

"This only affects our customers in Japan. PayPal members outside of Japan may continue to send money to Japanese residents and our Japanese customers can continue to use PayPal to shop online and pay for goods and services for commercial transactions."

PayPal was recently forced to suspend personal payments to and from India as well as transfers to local banks in India due to government regulations in that country.

About the author:

Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com.

You may quote up to 50 words of any article on the condition that you attribute the article to EcommerceBytes.com and either link to the original article or to www.EcommerceBytes.com.
All other use is prohibited.

Email This Story to a Friend
Email this story to a friend.

3 of 5

Sponsored Ad