May 22, 2017
PayPal, the Palestinians, and Problems
There is a campaign, which ironically started in the United States, but which has now spread all over the world, to have PayPal, the internet payment processing company, extend its services to Palestine. No matter what happens, this proposal is fraught with landmines.
PayPal offers its services to over 200 countries, in at least 25 currencies. So its scope is pretty much universal, with the exception of a few areas. There ia a rogue's gallery of countries which are not connected to PayPal, but only a few. Many of those are pretty much totalitarian. The rest are prohibited because of concerns that payments would be either fraudulent or used to fund illegal or terrorist causes.
This reluctance to connect PayPal to Palestine has been a source of major criticism from around the world, especially since PayPal does operate in nearby adjacent Jewish communities. It is preventing a large community of well-educated IT professionals in the contested areas and Gaza from...(Read Full Article)