PayPal update policy - Affect Hosting company - Effective Date October 19, 2016

admino

Administrator
Staff member
Recently PayPal update a policy which can affect many hosting company who give priority to their Payment gateway like charging less fees on Bitcoin transaction.

You don't need to worry If you do not charge extra transaction fees on any Payment gateway like giving less value to PayPal and trying to force user to use Bitpay and give discount or anything which encourage users to use specific payment method.

Here is new policy of PayPal but it will be effective on October 19, 2016 means currently you can charge extra transaction fees on PayPal and did not charge any fees on other Payment gateway.



Source: https://www.paypal.com/hk/webapps/mpp/ua/upcoming-policies-full

Full Policy update is scary, Seems they can take strict action on seller or buyer for using Proxy/VPN, etc so beware and never use Proxy, etc to access your PayPal account for security reason otherwise maybe they can close your account for violation.

Bitcoin for hosting company is like heaven.