regulatory compliance

  • PayPal Stops Foreign Charity Donations From Singapore Accounts

    PayPal Stops Foreign Charity Donations From Singapore Accounts

    PayPal phases out donations to foreign non-profits and charities from Singapore accounts starting tomorrow, the 21st of March, and will complete this by the end of the month. This decision is a result of PayPal failing to get a remittance license in the country from the Monetary Authority of Singapore. PayPal was able to offer remittance services over the years, till the governing body issued an… Read More