Paypal: And 4 months of suffering ends like that
3 years ago
*Open theme song, just for tha mood*
https://www.youtube.com/watch?v=K-flsT6LWwY
Today (7 March) if nothing changed. It's a day most of Thai freelancer going to take a total leave from the Paypal destruction(Restriction)
Current status: "Just misunderstanding" Paypal will relaunch again this year.
No restriction applied for now (Simply rollback to early 2021, no new registration)
For me. I'll stop using Paypal to accept commission payment even it's working. Sorry for this decision, but I can't feel at ease anymore.
I'll go fully Wise to accept payment. It's actually easy, just need several clicks of registration to let you pay me.
Here's the timeline in detail, according to E-mail from Paypal we've got since November last year.
31/10/21
"Upcoming changes to our PayPal legal agreements"
First day of incident. After a few days that Paypal has a first sign of relaunching. Open for "Business Account" to register. With a faqs about
- Only Business can accept money
- No one know individuals or juristic license is need to register
- Block of Payout system (Vital function for Patreon user)
- Upcoming 7% more fee charge. (Only one thing that make sense)
- Personal account can't hold balance or link to bank account anymore.
A deadline has set to 18th February 2022 here. First wave of finding alternatives begins.
15/12/21
"Confirmation of PayPal Thailand Relaunch Agreement"
1 month and half passed. Another mail arrive. At this moment, freelancers decide to go register for individual commercial license. Some unable to do because they aren't live at there birthplace. Some has go Payoneer right away during the first sign of incident(Because limitation of Payout function)
Personal account(Me included) has been asked for national ID for the first time after a decade of using Paypal. Function to link with US account has been removed as well.
04/02/21
"Your PayPal account will be limited from March 7, 2022."
Just 4 days before deadline. Another changes has come. Paypal push the deadline to 7th March (And going to fully apply early April)
Nothing changes, just a deadline pushing away. Main freelancer group began to gathering and send complain to government.
12/02/21
Another "Upcoming changes to our PayPal legal agreements"
A week later. New legal agreements arrived at our mail. Now clearly state "Only juristic person" (One who own a company) may accept payment and have use of Business Account. While Personal account will become totally useless,can't even logged in and pay (Which might render personal account can't pay for any commission)
A flame raise to its peak. As new fact revealed only "Only juristic person" allowed to use Business Account. Render most of freelancers registration become total useless.
04/03/21
You can continue using your PayPal account.
2nd March(2 days before this confirmation) it's a meeting result revealed, that "Paypal just misunderstanding Thailand's legal request" One of reason they mention is government require KYC(Know your customer) while Paypal interpret it's KYM(Know your merchant) is the main reason why Paypal request commercial license....
And just 3 days away from the deadline. Paypal send 2 mails(of same content) to inform that everything that going to happen is no more. Roll everything back.
To be continue in 6 months...or at the end of year, from estimate timer.
Now Paypal has become "PayPal Thailand is relaunching in 2022" again. Back to a year ago for naught. (The faq page now become under construction)
And it's ended like that. Thanks for following this (If you may interest since the incident arise.
Link to my old journal about Paypal problem.
https://www.furaffinity.net/journal/10037299/
https://www.furaffinity.net/journal/10073301/
https://www.youtube.com/watch?v=K-flsT6LWwY
Today (7 March) if nothing changed. It's a day most of Thai freelancer going to take a total leave from the Paypal destruction(Restriction)
Current status: "Just misunderstanding" Paypal will relaunch again this year.
No restriction applied for now (Simply rollback to early 2021, no new registration)
For me. I'll stop using Paypal to accept commission payment even it's working. Sorry for this decision, but I can't feel at ease anymore.
I'll go fully Wise to accept payment. It's actually easy, just need several clicks of registration to let you pay me.
Here's the timeline in detail, according to E-mail from Paypal we've got since November last year.
31/10/21
"Upcoming changes to our PayPal legal agreements"
First day of incident. After a few days that Paypal has a first sign of relaunching. Open for "Business Account" to register. With a faqs about
- Only Business can accept money
- No one know individuals or juristic license is need to register
- Block of Payout system (Vital function for Patreon user)
- Upcoming 7% more fee charge. (Only one thing that make sense)
- Personal account can't hold balance or link to bank account anymore.
A deadline has set to 18th February 2022 here. First wave of finding alternatives begins.
15/12/21
"Confirmation of PayPal Thailand Relaunch Agreement"
1 month and half passed. Another mail arrive. At this moment, freelancers decide to go register for individual commercial license. Some unable to do because they aren't live at there birthplace. Some has go Payoneer right away during the first sign of incident(Because limitation of Payout function)
Personal account(Me included) has been asked for national ID for the first time after a decade of using Paypal. Function to link with US account has been removed as well.
04/02/21
"Your PayPal account will be limited from March 7, 2022."
Just 4 days before deadline. Another changes has come. Paypal push the deadline to 7th March (And going to fully apply early April)
Nothing changes, just a deadline pushing away. Main freelancer group began to gathering and send complain to government.
12/02/21
Another "Upcoming changes to our PayPal legal agreements"
A week later. New legal agreements arrived at our mail. Now clearly state "Only juristic person" (One who own a company) may accept payment and have use of Business Account. While Personal account will become totally useless,can't even logged in and pay (Which might render personal account can't pay for any commission)
A flame raise to its peak. As new fact revealed only "Only juristic person" allowed to use Business Account. Render most of freelancers registration become total useless.
04/03/21
You can continue using your PayPal account.
2nd March(2 days before this confirmation) it's a meeting result revealed, that "Paypal just misunderstanding Thailand's legal request" One of reason they mention is government require KYC(Know your customer) while Paypal interpret it's KYM(Know your merchant) is the main reason why Paypal request commercial license....
And just 3 days away from the deadline. Paypal send 2 mails(of same content) to inform that everything that going to happen is no more. Roll everything back.
To be continue in 6 months...or at the end of year, from estimate timer.
Now Paypal has become "PayPal Thailand is relaunching in 2022" again. Back to a year ago for naught. (The faq page now become under construction)
And it's ended like that. Thanks for following this (If you may interest since the incident arise.
Link to my old journal about Paypal problem.
https://www.furaffinity.net/journal/10037299/
https://www.furaffinity.net/journal/10073301/
FA+

So I'd like to revenge Paypal a bit by not using it to accept money anymore.