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  #1  
Old 11-18-2003, 01:01 PM
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Camachosoft Level 1 (10)
Default Paypal in Dominican Republic???

Paypal.com say the accept credits card from banks of Dominican Republic...

but they dont...

why????
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  #2  
Old 11-18-2003, 01:14 PM
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Robert Level 5 Robert Level 5 Robert Level 5 Robert Level 5 (363)
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I think you are better off asking Pay Pal that question.
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  #3  
Old 11-19-2003, 05:48 PM
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gilbert Level 1 (10)
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Did you find anything out?
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  #4  
Old 11-19-2003, 06:22 PM
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Camachosoft ... explain a bit more about what you are trying to do please. Where are your customers? Where do you plan on eventually retrieving the money?

If the business is US, or 1st World based, you can have customers pay you via PayPal. You need a US address for PayPal so you will look like or be a US business as far as they are concerned. Then you can transfer your income to a US account or withdraw it Worldwide with a PayPal ATM/CC, no problem, regardless of which countries are not yet on their list.

If the business is DR DR based and you need to receive payments from Dominicans with Dominican cards, scratch PayPal, or most other 1st Worls card agencies. No addresses here, no verification possibilities in most cases, so unless you have a POS swipe terminal it's a moot point.

Tom (aka XR)
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  #5  
Old 11-19-2003, 06:37 PM
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gilbert Level 1 (10)
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So you cannot open a domincan paypal account with a domincan bank account or credit card? A good idea would to have a US PayPal account (requires a credit card with a US billing address and a US bank account) and then have a domincan personal PayPal account. Customer pays your US PayPal account, you pay your domincan PayPal account and can easily withdraw it to your bank account in the Dominican instead of dealing with the funds going into a US Bank account, being wired, or hit with bad currency conversion from the PayPal atm / debit card.
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  #6  
Old 11-19-2003, 07:21 PM
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Nope.

At last I checked you can not withdraw anything to a Dominican account. Period. But, U.S. bank accounts are available to non-U.S. residents. So, as I posted, you get a U.S. address, as one from EPS for example, and a U.S. bank account from someone like ISPBANK.NET or a value-stored credit card like from WIREDPLASTIC.COM and then, and only then provide that info to PayPal to set up your U.S.presence. In 3-months you will be able to get a PayPal ATM/Debit card or Credit Card to withdraw yourmoney at any ATM worldwide. Even in the D.R.

Tom (aka XR)
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  #7  
Old 11-19-2003, 07:32 PM
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gilbert Level 1 (10)
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Do you have experience with optaining a PayPal debit card this way? I am about 15 days away from trying.
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  #8  
Old 11-19-2003, 07:36 PM
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Yes.Just follow the steps above. US Bank account or stored-value credit card, then PayPal account, then 3moslater PayPal debit card.

Have fun!

Tom (aka XR)
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  #9  
Old 11-19-2003, 07:39 PM
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gilbert Level 1 (10)
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Thanks for the two links. Do you have any breif information about ISPBank? Also does wiredplastic require you to be a US citizen? I know I can spend 10 minutes on both sites and find out but I prefer to ask here first for personal experiences
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  #10  
Old 11-19-2003, 07:40 PM
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gilbert Level 1 (10)
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I already got the US PayPal account, just waiting for the debit card option to show up in 15 days.
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