Bitcoin Forum
December 06, 2016, 08:34:25 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: PayPal ‘Optimistic’ It Will Get A Domestic Payment License in China  (Read 960 times)
Yankee (BitInstant)
Legendary
*
Offline Offline

Activity: 1078


Charlie 'Van Bitcoin' Shrem


View Profile WWW
March 16, 2012, 05:07:02 PM
 #1

http://techcrunch.com/2012/03/16/here-today-china-tomorrow-paypal-optimistic-it-will-get-a-domestic-payment-license/

Quote
The company says it is “cautiously optimistic” that it will become the first non-Chinese company to get a license to process domestic electronic payments — both online and via mobile devices. This would be in addition to a business it already has in the country to process international payments.

I'm not sure how this will work. Currently, Chinas largest paypal-like company Alipay offers a no chargeback merchant account

Why would merchants want to use a chargebackable (is that even a word?) company that charges crazy %%%%%%

Bitcoin pioneer. An apostle of Satoshi Nakamoto. A crusader for a new, better, tech-driven society. A dreamer.

More about me: http://CharlieShrem.com
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481013265
Hero Member
*
Offline Offline

Posts: 1481013265

View Profile Personal Message (Offline)

Ignore
1481013265
Reply with quote  #2

1481013265
Report to moderator
1481013265
Hero Member
*
Offline Offline

Posts: 1481013265

View Profile Personal Message (Offline)

Ignore
1481013265
Reply with quote  #2

1481013265
Report to moderator
1481013265
Hero Member
*
Offline Offline

Posts: 1481013265

View Profile Personal Message (Offline)

Ignore
1481013265
Reply with quote  #2

1481013265
Report to moderator
Nicolai Larsen
Sr. Member
****
Offline Offline

Activity: 331


Earthling


View Profile WWW
March 16, 2012, 05:09:37 PM
 #2



Why would merchants want to use a chargebackable (is that even a word?) company that charges crazy %%%%%%

People who fall for Paypal's lovely charm?

BTC: 1GUH16sneWgKuE1ArXrnYKN3njuherJQi1
MacRohard
Member
**
Offline Offline

Activity: 103


View Profile
March 16, 2012, 05:15:24 PM
 #3

http://techcrunch.com/2012/03/16/here-today-china-tomorrow-paypal-optimistic-it-will-get-a-domestic-payment-license/

Quote
The company says it is “cautiously optimistic” that it will become the first non-Chinese company to get a license to process domestic electronic payments — both online and via mobile devices. This would be in addition to a business it already has in the country to process international payments.

I'm not sure how this will work. Currently, Chinas largest paypal-like company Alipay offers a no chargeback merchant account

Why would merchants want to use a chargebackable (is that even a word?) company that charges crazy %%%%%%

Most likely so that they can accept payments from Americans and Europeans...
Yankee (BitInstant)
Legendary
*
Offline Offline

Activity: 1078


Charlie 'Van Bitcoin' Shrem


View Profile WWW
March 16, 2012, 05:23:34 PM
 #4

http://techcrunch.com/2012/03/16/here-today-china-tomorrow-paypal-optimistic-it-will-get-a-domestic-payment-license/

Quote
The company says it is “cautiously optimistic” that it will become the first non-Chinese company to get a license to process domestic electronic payments — both online and via mobile devices. This would be in addition to a business it already has in the country to process international payments.

I'm not sure how this will work. Currently, Chinas largest paypal-like company Alipay offers a no chargeback merchant account

Why would merchants want to use a chargebackable (is that even a word?) company that charges crazy %%%%%%

Most likely so that they can accept payments from Americans and Europeans...

They can already do that

Quote
get a license to process domestic electronic payments — both online and via mobile devices. This would be in addition to a business it already has in the country to process international payments.

Bitcoin pioneer. An apostle of Satoshi Nakamoto. A crusader for a new, better, tech-driven society. A dreamer.

More about me: http://CharlieShrem.com
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!