Zanna
Well-Known Member
- Joined
- May 7, 2016
- Messages
- 67
They just announced it on their website, and say that it's because they couldn't get the licence from the local authorities.
In the Paypal announcement there's also mention that all users registered in Turkey will not be able to perform any transactions by June 6th, thus it is advised for all of them to withdraw their paypal balance back into their bank accounts before that.
Source: http://en.webrazzi.com/2016/05/30/paypal-halts-operations-in-turkey/
BDDK, the Turkish authority in charge of regulating and licensing banking and payment systems across all electronic or conventional platforms, has repeatedly refused to grant operation licence to the US-based company despite all the efforts, PayPal Turkey explained in the statement.
In the Paypal announcement there's also mention that all users registered in Turkey will not be able to perform any transactions by June 6th, thus it is advised for all of them to withdraw their paypal balance back into their bank accounts before that.
Source: http://en.webrazzi.com/2016/05/30/paypal-halts-operations-in-turkey/