Bitcoin Forum
April 18, 2024, 04:32:52 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: PayPal Stops Operating in Turkey, Online Payment Sector Turns to Bitcoin  (Read 1280 times)
amacar2
Legendary
*
Offline Offline

Activity: 1120
Merit: 1007

CryptoTalk.Org - Get Paid for every Post!


View Profile
June 10, 2016, 02:52:57 PM
 #21

Paypal is not being used in most of the countries specially developing countries due to foreign exchange rules and they are also gradually lossing places to operate with this rules. Bitcoin is free to trade and even government can't ban bitcoin so bitcoin will surely replace paypal from lots of places and bitcoin is being used in countries where paypal is not supported till now. Paypal are just out there who openely rob our hard earned money with high fee and limitation of our account. Angry

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.YoBit AirDrop $.|.Get 700 YoDollars for Free!.🏆
1713414772
Hero Member
*
Offline Offline

Posts: 1713414772

View Profile Personal Message (Offline)

Ignore
1713414772
Reply with quote  #2

1713414772
Report to moderator
The trust scores you see are subjective; they will change depending on who you have in your trust list.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1713414772
Hero Member
*
Offline Offline

Posts: 1713414772

View Profile Personal Message (Offline)

Ignore
1713414772
Reply with quote  #2

1713414772
Report to moderator
1713414772
Hero Member
*
Offline Offline

Posts: 1713414772

View Profile Personal Message (Offline)

Ignore
1713414772
Reply with quote  #2

1713414772
Report to moderator
1713414772
Hero Member
*
Offline Offline

Posts: 1713414772

View Profile Personal Message (Offline)

Ignore
1713414772
Reply with quote  #2

1713414772
Report to moderator
SuperCoinGuy
Full Member
***
Offline Offline

Activity: 224
Merit: 100

Defender of Bitcoin


View Profile
June 10, 2016, 02:58:31 PM
 #22

Well that is very good news for decentralized payment systems like Bitcoin which empowers the people with being fully in control of their own money but this begs the question if the Turkish government didn't approve of the PayPal license to operate in the country, will they approve of Bitcoin to be a legitimate payment method for online transactions? Now there is a big open space for other companies specializing in payment processing to swoop in and get a big market share but do you think the Turkish government will prefer Bitcoin firms rather than common fin-tech firms similar to Paypal?
talkbitcoin
Legendary
*
Offline Offline

Activity: 1372
Merit: 1032


All I know is that I know nothing.


View Profile
June 10, 2016, 03:15:05 PM
 #23

this news makes me very happy mostly because i hate paypal and i hope they stop operating in all the countries. i mean the countries stop letting paypal even operating in their country before that so people can start to look around and find better solutions.

......
.L I V E C O I N . N E T.
.
..PROFITBOX..
██  █████████████████████████
  █████████▄      ▄██████████
█████████████▄  ▄████████████
    █████████████████████████
  ██████████▀    ▀█ ▀████████
████  █████▀  ▄▄  ▀█  ▀██████
  ████████▀  ▄██▄  ▀█   ▀████
    ██████   ▀██▀   ██   ████
  █████████▄      ▄██████████
██  █████████▄  ▄████████████
  ███████████████████████████
██  █████████████████████████
  █████████████████████▀ ███
█████████████████████▀   ███
    █████████████▀     ████
  █████████████▀   ██    ████
████  █████▀     ██    ████
  ███████▀   ██    ██    ████
    █████    ██    ██    ████
  ███████    ██    ██    ████
██  █████    ██    ██    ████
  ███████████████████████████
.....
bitcoindanisma
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
June 10, 2016, 03:18:18 PM
 #24

lets do it together

https://bitcointalk.org/index.php?topic=1506063.0
BillyBobZorton
Legendary
*
Offline Offline

Activity: 1204
Merit: 1028


View Profile
June 10, 2016, 03:20:39 PM
 #25

Paypal is trash and more and more people will start waking up from it, but maybe they react and start accepting BTC themselves. In fact I think they got some patents pending to add BTC in Paypal soon.
Wendigo
Legendary
*
Offline Offline

Activity: 2604
Merit: 1036



View Profile
June 10, 2016, 05:32:43 PM
 #26

Guys I couldn't understand why the license of PayPal to operate in Turkey was revoked by the government. Honestly I thought at first that there are just not enough PayPal users in Turkey and that's why PayPal is leaving the Turkish market or there is another reason behind that decision? It would be interesting to see if Bitcoin will gain more traction now as a worthy alternative to PayPal becoming the preferred digital payment processor in Turkey.
bitcoindanisma
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
June 10, 2016, 05:40:24 PM
 #27

paypal is died .  we have to use services like e-coin.io ( wirexapp.com soon )

debit card - bitcoin - remittance ( tripple power )
fortunecrypto
Legendary
*
Offline Offline

Activity: 2450
Merit: 1047


thecryptocurrency.directory


View Profile WWW
June 10, 2016, 06:18:18 PM
 #28

With Turkey residents losing a convenient option for sending and receiving payments online, the country’s online payment sector is gradually yielding to a free control market with the uptake in Bitcoin use.

You can read more about it : http://cointelegraph.com/news/paypal-stops-operating-in-turkey-online-payment-sector-turns-to-bitcoin

Bitcoin 1-0 Paypal.

With this news Bitcoin usage in Turkey will increase paypal's lost is Bitcoin's gain many more countries are going to follow and with this,the future of crypto currency is brighter..

shogdite
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000


LIR Dev. www.letitride.io


View Profile
June 10, 2016, 06:25:51 PM
 #29

Paypal is trash and more and more people will start waking up from it, but maybe they react and start accepting BTC themselves. In fact I think they got some patents pending to add BTC in Paypal soon.

You know I never had issues with paypal until recently, depositing a few hundred and my account was limited when I needed it most. 3 days to open it up again, what I think of them trash is an understatement. I have heard talks for quite some time about them accepting bitcoin in future. I won't be using them again either way I'l just wait for more places to accept bitcoin.

Turkey has an ideal candidate in bitcoin hopefully it all goes smoothly and they turn fully to bitcoin over the next year. It will be huge for the future of crypto!?


                     ▀▀█████████▀████████████████▄
                        ████▄      ▄████████████████
                     ▄██████▀  ▄  ███████████████████
                  ▄█████████▄████▄███████████████████
                ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀████████
                                               ▀▀███▀
    ▄█▀█       ▄▀  ▄▀▀█  ▄▀   █████████████████▄ ██▀         ▄▀█
   ▄█ ▄▀      ▀█▀ █▀ █▀ ▀█▀  ███████████████████ █▀ ▀▀      ▄▀▄▀
  ▄█    ▄███  █     █   █   ████████████████████  ▄█     ▄▀▀██▀ ▄███
███▄▄▄  █▄▄▄ █▄▄ ▄▄▀   █▄▄ ██████████████████▀▀   █▄▄ ▄▄ █▄▄█▄▄▄█▄▄▄
                           ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                            ▀▀█████████████▄
                                █████████████▄
                                  █████████████▄
                                    ▀███████▀▀▀▀▀
                                      ▀████▀
                                        ▀█▀
LetItRideINNOVATIVE ▬▬▬
DICE GAME
                        ▄███████████▄
                       ██  ██████████▄
                     ▄█████████████  ██▄
            ▄▄▀█▄▄▄▄▄████████████████████▄
        ▄▄█▀   ███████████  █████  ████  █
    ▄██████ ▄▄███████████████████████████▀
 ▄▀▀ ██████████████████████████  ████  █
█  ▄███████████▀▀▀█████████████████████
██████████████    ████████▀▀██████  █▀
██████████████▄▄▄██████████   ▀▀▀▀▀▀▀
███▀ ▀██████████████████████
██    ███████████████████████
██▄▄██████████████████████████
██████████████▀   ██████████
  █████████████   ▄██████▀▀
     ▀▀██████████████▀▀
         ▀▀██████▀▀
PROVABLY
F A I R
▄█████████████▀ ▄█
██            ▄█▀
██          ▄██ ▄█
██ ▄█▄    ▄███  ██
██ ▀███▄ ▄███   ██
██  ▀███████    ██
██    █████     ██
██     ███      ██
██      ▀       ██
██              ██
▀████████████████▀
BUY  BACK
PLANS
[BTC]
BellaBitBit
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500


View Profile
June 10, 2016, 06:47:35 PM
 #30

YES!  Great news and of course the next digital option is Bitcoin.  I hope this is a trend we will see in the near future.

I love Bitcoin
LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 3514
Merit: 9471


#1 VIP Crypto Casino


View Profile
June 10, 2016, 08:04:34 PM
 #31

Seems like it could be great news on the face of it but we'll have to wait & see. Would be fantastic if PayPal users in Turkey migrate to bitcoin now.

.
.BITCASINO.. 
.
#1 VIP CRYPTO CASINO

▄██████████████▄
█▄████████████▄▀▄▄▄
█████████████████▄▄▄
█████▄▄▄▄▄▄██████████████▄
███████████████████████████████
████▀█████████████▄▄██████████
██████▀██████████████████████
████████████████▀██████▌████
███████████████▀▀▄█▄▀▀█████▀
███████████████████▀▀█████▀
 ▀▀▀▀▀▀▀██████████████
          ▀▀▀████████
                ▀▀▀███

.
......PLAY......
MingLee
Hero Member
*****
Offline Offline

Activity: 490
Merit: 520


View Profile
June 10, 2016, 08:13:14 PM
 #32

Seems like it could be great news on the face of it but we'll have to wait & see. Would be fantastic if PayPal users in Turkey migrate to bitcoin now.
I think there will be a slight migration, but I don't think the entire online sector for Turkey is just going to switch to Bitcoin; maybe something like 10%-23% will migrate, maybe with a slight trickle after that but I don't think we'll see major moves aside from that. I could be wrong, but I guess we'd just have to see what they decide.
john2231
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1001



View Profile
June 10, 2016, 09:54:40 PM
 #33

This is good news that they choosen bitcoin than paypal.. honestly its hard to use the paypal many verification before you can withdraw or deposit.. unlike bitcoin  anytime without asking your identity you can withdraw or deposit..
a7mos
Hero Member
*****
Offline Offline

Activity: 574
Merit: 500



View Profile
June 10, 2016, 10:01:26 PM
 #34

AFAIK, PayPal stopped in Turkey because the government there did not allow them, so this same government may work on fighting bitcoin and make it illegal !
Patatas
Legendary
*
Offline Offline

Activity: 1750
Merit: 1115

Providing AI/ChatGpt Services - PM!


View Profile
June 10, 2016, 10:42:11 PM
 #35

Paypal is not being used in most of the countries specially developing countries due to foreign exchange rules and they are also gradually lossing places to operate with this rules. Bitcoin is free to trade and even government can't ban bitcoin so bitcoin will surely replace paypal from lots of places and bitcoin is being used in countries where paypal is not supported till now. Paypal are just out there who openely rob our hard earned money with high fee and limitation of our account. Angry

Agree.There are couple of reasons for it.Myself being from a developing country I have a better idea why people don't use paypal here expect for those traders or money launderers.

1.Too much competitors in the same market,instead of paying high service fees to paypal ,people choose to use our own digital payment system which doesn't rely on stuff like document verification or delayed payments .Everything happens quite instantly and have instant customer support.

2.Paying with Debit/ATM cards is at full swing here without the use of any 3rd party payment processors.No one takes trouble of maintaining online accounts.Simply pay through card with your bank's native API and its done.

AFAIK, PayPal stopped in Turkey because the government there did not allow them, so this same government may work on fighting bitcoin and make it illegal !

Trust me,if a government can boycott paypal ,I'm very sure they would object bitcoin in some or the other way.Making it illegal is way beyond.That would just restrict the usage of it but they can't stop people from using it. 
reRaise
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1000


View Profile
June 10, 2016, 10:46:13 PM
 #36

what was the reason? 1% decided?
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!