PayPal closing in Turkey - Other online payment systems
Thread poster: Omer Shani

Omer Shani
Israel
Local time: 18:10
Member (2012)
May 31, 2016

Hi all,
As you may have heard, PayPal is closing its operation in Turkey next week, on June 6th.

What are the other payment alternatives, except Skrill (which take a lot of time to activate) and wire-transfer (not all payments justify a SWIFT wire transfer operation)

Thanks

Omer


 

Thomas T. Frost  Identity Verified
Member (2014)
Danish to English
+ ...
Turkey refuses licence May 31, 2016

According to PayPal's announcment on www.paypal.com/tr , it is the Turkish authorities that refuse to issue the necessary licences.

As for an alternative for receiving money in Turkey, I would suggest Transferwise:

https://transferwise.com/help/article/1570071/basic-information/supported-countries#/TRY

They're cheaper than PayPal too.

If you send 50 euros today, the payee in Turkey will receive 158.70 TRY.

You can't send money out of Turkey with Transferwise, though.


 

Omer Shani
Israel
Local time: 18:10
Member (2012)
TOPIC STARTER
Turkey money transfer May 31, 2016

Thank you Thomas

Helpful info indeedicon_smile.gif

Omer


 

Chris P.
United Kingdom
Local time: 16:10
German to English
A similar alternative.... May 31, 2016

http://www.smallworldfs.com

Ditto, for receiving payments only.


 

Kristina Cosumano  Identity Verified
Germany
Local time: 17:10
Member (2015)
German to English
Payoneer Jun 1, 2016

A couple of agencies have used Payoneer to send me money, it's always worked fine for me.

 

BabelOn-line
United Kingdom
Local time: 16:10
English to French
+ ...
Plus one for TransferWise Jun 10, 2016

I landed on this post when looking for comments on Skrill (which I found difficult to the point I am now seriously thinking of closing our a/c after 14 years).

We use TransferWise all the time, it is quick, reliable and they are under the UK Financial Service Authority. The few times I had to call their support, I found them quick and helpful - try contacting Skrill, you will see the difference!

Only minor issue with TransferWise is 1/ they normally only send money in the national currency of the bank account (bank a/c in India => you can only send rupees) 2/ from what they tell me, they can only send money to private a/cs in China, not business ones.

So I am looking for a simple way to pay our translators in China. I have a deep seated distrust for PayPal and Skrill, there are thousand of documented horror stories of accounts being frozen for no reason, etc...


 

Sheila Wilson  Identity Verified
Spain
Local time: 16:10
Member (2007)
English
+ ...
But you don't need to keep money in your account, do you? Jun 10, 2016

BabelOn-line wrote:
So I am looking for a simple way to pay our translators in China. I have a deep seated distrust for PayPal and Skrill, there are thousand of documented horror stories of accounts being frozen for no reason, etc...

My husband uses his PayPal account to purchase things on the Internet rather than to receive money. He doesn't keep anything in there at all. When he wants to buy something he just tells PayPal to send the money and they take it from his bank account. That doesn't cost anything. At least, neither PayPal nor our bank charge for the service. Maybe it's different for you?


 

Payza
Canada
Payza: alternative payment system to PayPal Jun 23, 2016

Hello forum participants,

Our payment processor has received many contacts lately asking if we provide online payment services for freelancers and small businesses in Turkey following the ousting of PayPal.

We would like to inform all interested parties that, yes, we do provide an alternative to PayPal and have recently added the Turkish Lira to our roster of 21 currencies you can transact with. If you are looking for an online payment processor and would like more information on our services in Turkey, consider reading our blog post on this topic.

https://blog.payza.com/payza-updates/announcements/payza-expands-services-turkey-transactions-turkish-lira/

We wish you all the best in finding online payment alternatives so that you can keep your businesses initiatives movingly along with strength.

All the best,

Jason
Corporate Communications Strategist at Payza
Montreal, Canada


 


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PayPal closing in Turkey - Other online payment systems

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