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0 sats \ 1 reply \ @P2P_bitcoin OP 16 Aug 2022 \ on: P2P trading using PayPal to become even more difficult due to new restrictions bitcoin
What this means: [Person outside the U.S.] ----[send money]---> [U.S. business] Not Allowed
(i.e., You won't be able to sell bitcoin to someone outside the U.S. if you have a business account at PayPal.)
What this means: [U.S. business] ----[send money]---> [Person outside the U.S.] Not Allowed
(i.e., You won't be able to buy bitcoin from someone outside the U.S. if you are paying from a business account.at PayPal.)
What this means: PayPal's bots are going to scrape your website to determine that you aren't selling anything that violates their user agreement.
Here's a Tweet that kicks off a thread that provides more info.
If you use PayPal for any kind of business, you should take careful note of the following change to PayPal's terms of service, effective September 19:
And here's the first Mastodon post in a thread also with good info:
so uhpaypal's changing their terms again to basically state plainly that they'll be using bots to scrape your websites and social media for TOS compliance. it specifies users who have paypal integrated into their site, but us longtime working freelancers know they've been snooping on us for a whiledon't integrate paypal into your site. only do transactions with invoices. no excess info on those, ESPECIALLY if you do nsfw workdon't put paypal dot me links on your social media
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