I'm curious why PayPal bans Palestinians. It's not like they want to limit their addressable market. Seems likely related to OFAC, which is tough to google casually https://ofac.treasury.gov/sanctions-programs-and-country-inf... Nothing specific to Palestine on the country programs, but OFAC explains further that our sanctions are much more complicated than country-by-country here: https://ofac.treasury.gov/sanctions…
US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories
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Re: US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories
#42Earlier quoted context omitted.
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> Palestinian government does pay its citizens if they kill an Israel in a suicide attack I assume Israel dosent provide any survivor benefits for it's soldiers?
Re: US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories
#43Re: US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories
#44Earlier quoted context omitted.
> Palestinian government does pay its citizens if they kill an Israel in a suicide attack I assume Israel dosent provide any survivor benefits for it's soldiers?
these aren’t solders on either end. If a Palestinian non combatant resident kills an Israeli child. The Palestinian or their surviving family will get a payment. And yes, many Israeli children have been killed through such programs.
If Palestinian fighting men aren't soldiers does that mean Israel is killing non combatants?
[0]https://www.unicef.org/press-releases/eight-palestinian-chil...
Re: US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories
#45Re: US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories
#46I've had absolutely terrible experiences with Palpal. Lawmakers should be urging everyone to use a better service, forget worrying about PayPal's ban. The last straw for me was when they blocked a transaction of a few hundred dollars without any explaination. I was talking to a support rep for well over an hour, repeatedly being told that there is no security team at PayPal that can see why a transaction was blocked…
> I've had absolutely terrible experiences with Palpal. Lawmakers should be urging everyone to use a better service, forget worrying about PayPal's ban. I'd rather have the government enforce something like user-friendly free globally available instant payment and settlement system. Then none of these shady services would be required. Fox example, a version of SWIFT, but instant, free and distributed.
The US government will never endorse it or allow major banks to give their full support through because they want control over the network to "keep the bad guys out".
Re: US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories
#47Use Bitcoin. There are services that will convert bitcoin to other currencies and vice versa.
We don't need paypal.
Re: US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories
#48Earlier quoted context omitted.
I don't think the U.S. government has the right to force a company to operate in another country.
However they do have the power to end a boycott, either directly or indirectly (see the laws passed by various states regarding refusing to do business with Israel).
Re: US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories
#49Given the recent seizure of crypto accounts funnelling money to Hamas and Iran[0], this seems pretty sensible, to funnel more financial activity in the region onto platforms that have good AML/ATF processes. [0]: https://www.timesofisrael.com/israel-seizes-30-crypto-wallet...
Re: US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories
#50I wish lawmakers would urge (or force?) PayPal to actually give you a detailed reason when they freeze your account and effectively confiscate your money. I still have hundreds of dollars tied up in the limbo of "your account is frozen but we won't tell you why."
It's the other way around. If you're flagged for AML investigation, telling you it would be tipping off and explicitely illegal.