Thursday 20 May 2010

When will we be able to receive money from PayPal

For a long time Sri Lankan PayPal accounts were not able to receive money. It seems that PayPal don't mind sending money from Sri Lanka but they don't want to receive money from Sri Lanka. In one of my blog posts about how to receive money for PayPal send only accounts I talked about a workaround for this problem but there is only so much you can do with an unverified account. You cant set up a business , there are sending limits etc. As long as you are only receiving money it will be alright but then again you can't do business , especially an online business without paying online.
Although we have hundreds of ministries in Sri Lanka I couldn't think of a ministry that can handle this type of situation. Maybe its something that is got to do with telecommunication. However if the government got involved then there might be a possibility of this happening. Maybe we online marketers should do something about this or we could consider alternative solution to PayPal. Problem is most online companies are only using PayPal :-( .

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