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Topic: PayPal and other processing companies bitcoin policies (Read 583 times)

hero member
Activity: 826
Merit: 508
Starting to? Didn't Paypal crack down on this quite a long time ago? Dwolla just shut the door, too. Didn't hear about Square. Doesn't surprise me, though.
newbie
Activity: 35
Merit: 0
Anyone know of any reliable alternatives?
full member
Activity: 224
Merit: 100
Quote
Well they should blame BFL, not bitcoin, and yes I have noticed this happening and am afraid to sell bitcoin using paypal..
i agree with you in this
newbie
Activity: 35
Merit: 0
Anyone else noticing PayPal and Square starting to crack down on bitcoin? It seems like they are starting to hold funds a lot more. Just recently, they made me promise to close my account and never deal with bitcoins again through PayPal for them to release my money. They called it a "High Risk" investment. I think this is because of the amount of money they lost through BFL.

It's great how they crackdown on bitcoin because of their bad vetting policies. How could they allow a company like BFL to process thousands if not millions of dollars through their service without ever seeing a delivery or product?

Am I the only one experiencing this? Thoughts?
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