PayPal in The Philippines

PayPal in the Philippines as in many countries can only be used to buy and not to sell one of the main reasons they state is anti money laundering laws made by the US when the hell did it come in that US law is the law all over the world its not every country has it own laws, but try not to stick to what the US says and the bully boys come out, like the FBI hounding E-Gold about money laundering laws, They don’t apply to E-Gold because they don’t deal in money, but the FBI hounded them so much in the end they went along with them.
The reason for the US government stating the Philippines for money laundering is nothing to do with money laundering at all it is fighting to keep the dollar as the world’s top currency. The whole reason the US went to war in Iraq are threatening Iran because they want to trade oil in Euros.
They have stopped many good British payment gateways trading in the US, Nochex, PPPay, and Moneybookers is very hard to us in the US all because of so called money laundering laws. More like a country running scared of the dollar collapsing.
As for PayPal great payment gateway for buyers but for sellers it’s a nightmare as a Englishman with a English bank account I could and did use PayPal but never again.
If a buyer claims he never got the goods or calls his money back before delivery PayPal takes the side of the buyer in every case. Proof of delivery even a signature means nothing to them they still go against the seller.
I lost over 40,000 peso because of money call backs by people using Paypal and they still trying to get another 20,000 from me that I won’t pay I am lucky UK law prevents them from taking it from my bank account those in US have had their banks emptyed by PayPal see www.paypalsucks.com
Sorry I know a lot of Filipino’s dream of the day paypal comes here for buyers but they will cripple you with the Philippines lack of laws to protect you and the fact a normal man can’t afford to take a court case they will bankrupt you.