LebGeeks

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#26 May 13 2018

NuclearVision
Member

Re: PayPal Lebanon

You might encounter the new payment system as soon as the second half of 2018, when the e-commerce giant deploys it (on a small scale) in North America. Its availability will expand in 2019 and the year after, until all sellers have been transitioned to the new system by 2021. eBay has an existing contract to continue offering PayPal as a payment option until July 2023, but neither company has announced if they have plans to extend that partnership beyond that point.

According to the auction site's announcement, offering its own intermediate payment system will allow it to build a central console where sellers can track all their transactions easily. Plus, it'll lower the payment processing charges sellers have to pay. Even with the lower charges, Recode says the move will boost eBay's revenue by $2 billion, since it can now pocket those payment processing fees. At the moment, PayPal's value is billions more than eBay -- its shares fell after news of eBay's decision was announced, but it remains to be seen if it will have a huge and permanent effect on the payment portal's business.

Seems like paypal is losing here.

Last edited by NuclearVision (May 13 2018)

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#27 May 14 2018

ap4ss3rby
Member

Re: PayPal Lebanon

mohammadk97 wrote:

Fun fact, Paypal was created by Elon Musk in 2000 and later acquired by ebay in 2002 until 2014.

Though he was technically a founder, PayPal was actually an asset of Confinity, then a meger between Elon's X.com and Confinity lead to a larger X.com which was later called PayPal which was later acquired by eBay.

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#28 July 10 2018

Mhdskr
Member

Re: PayPal Lebanon

Kareem wrote:
Mhdskr wrote:
Louis40 wrote:

Even if you apply for an Amex card from outside of Lebanon, if the shipping and billing addresses do not match especially if you put the lebanese address for shipping, they will ban you.. i have tried this. However, if you contact the seller and agree to ship it to you to Lebanon, it may work depending on the seller's decision.

We're talking about getting a PayPal account. No shipping and billing address yet. If you're referring about eBay then that's a problem for another day.

I have an Amex Gold CC and I have paypal since 2 years although I rarely use it but it worked couple of times.

Few days ago, I ordered something on newegg and my trasaction was declined, my account was suspended and my Paypal account is permanently limited now.

Shipping was to California... not sure what's going on here but Amex cards are no longer working.

Quoting :


Dear Karim,

It appears that you currently reside in a country that we don't offer service in at this time. Establishing our service in each new country involves complex changes due to different regulations in each of these countries. We're working hard to expand our services as rapidly as possible.

Due to this, we'd like to begin parting ways in a manner that is least disruptive to your business.

You may use the remaining account balance to provide refunds to your buyers if necessary.

Due to the potential risk of chargebacks and other reversals, the money in your PayPal account balance will be held for 180 days from the date the limitation was originally placed on the account. After 180 days, you will be notified by email with information on how to collect your remaining money. 
 
Unfortunately, there are no further appeals being allowed on your account.

A couple of weeks ago I came across something that made me try to give it another shot at linking my AMEX to PayPal again and to my surprise it worked! I made a few purchases from Ebay and Walmart and everything went smoothly. So, I thought I should let you guys know.

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#29 July 11 2018

chosen2k
Member

Re: PayPal Lebanon

Mhdskr wrote:

A couple of weeks ago I came across something that made me try to give it another shot at linking my AMEX to PayPal again and to my surprise it worked! I made a few purchases from Ebay and Walmart and everything went smoothly. So, I thought I should let you guys know.

Thanks for the info
What did you use as country && address in the Paypal account?

Last edited by chosen2k (July 11 2018)

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#30 July 11 2018

Mhdskr
Member

Re: PayPal Lebanon

chosen2k wrote:
Mhdskr wrote:

A couple of weeks ago I came across something that made me try to give it another shot at linking my AMEX to PayPal again and to my surprise it worked! I made a few purchases from Ebay and Walmart and everything went smoothly. So, I thought I should let you guys know.

Thanks for the info
What did you use as country && address in the Paypal account?

I signed up for PayPal Bahrain since AMEX is issued from there. as for the address I just use my US shipping address. 
make sure to verify/confirm you card after adding it.

Last edited by Mhdskr (July 11 2018)

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#31 July 12 2018

Kareem
Member

Re: PayPal Lebanon

Mhdskr wrote:
chosen2k wrote:
Mhdskr wrote:

A couple of weeks ago I came across something that made me try to give it another shot at linking my AMEX to PayPal again and to my surprise it worked! I made a few purchases from Ebay and Walmart and everything went smoothly. So, I thought I should let you guys know.

Thanks for the info
What did you use as country && address in the Paypal account?

I signed up for PayPal Bahrain since AMEX is issued from there. as for the address I just use my US shipping address. 
make sure to verify/confirm you card after adding it.

As mentioned in another thread, they will suspend your account eventually; happened to me and all my friends as well. We all have Amex cards.

Dear Karim ,

It appears that you currently reside in a country that we don't offer service in at this time. Establishing our service in each new country involves complex changes due to different regulations in each of these countries. We're working hard to expand our services as rapidly as possible.

Due to this, we'd like to begin parting ways in a manner that is least disruptive to your business.

You may use the remaining account balance to provide refunds to your buyers if necessary.

Due to the potential risk of chargebacks and other reversals, the money in your PayPal account balance will be held for 180 days from the date the limitation was originally placed on the account. After 180 days, you will be notified by email with information on how to collect your remaining money. 
 
Unfortunately, there are no further appeals being allowed on your account.
Money in your PayPal account will be held for 180 days. After 180 days, we'll email you information on how to receive your money.

We regret any inconvenience this may cause.

Any bank or credit card information on your PayPal account can no longer be removed. Your personally identifiable information will not be used by us nor shared with third parties, except to assist law enforcement as required by law. As an additional safety precaution, the financial details registered on your account cannot be used on any future PayPal account.
Yours sincerely,
Audrey
PayPal Account Review Department

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