May 31, 2016

PayPal to halt operations in Turkey after losing license, impacts 'hundreds of thousands'

Image (1) istanbul-golden-horn-scene.jpg for post 138291 Turkey has been making moves to bring tech business in the country under more localised control, and today big U.S. online payments company PayPal became the latest casualty. The company announced that it is suspending business operations in Turkey effective June 6, after failing to obtain a new license for its services. The closure, PayPal told TechCrunch, will affect tens of thousands… Read More

Source: TechCrunch