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by from
1113 days ago
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The sad reality is that Paypal doesn't serve these territories because they are "high risk" and also low income which means the amount of compliance officers they would have to employ to watch people in these territories and the regulatory penalties for accidentally letting a Hamas transaction slip through (these aren't easy to detect either as the government emphasizes that "terrorist financing" can be as little as a few hundred dollars at a time, in fact most terrorist financing prosecutions involve amounts < $10000) probably does not exceed the amount of fees they would earn. |
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