Slashdot Mirror

← Back to Stories (view on slashdot.org)

Paypal Users In Argentina Can No Longer Make Domestic Transactions

Posted by Unknown on from the beating-the-black-market dept.

another random user writes with this excerpt from the BBC: "The online payment service said that from 9 October: 'Argentina resident Paypal-users may only send and receive international payments.' Last year the Argentine government announced restrictions on the purchase of U.S. dollars. It has led to an increase in currency sales on the black market — but Paypal's exchange rates are better. Locals were setting up two accounts under different email addresses and transferring money between the two, exchanging local currency pesos for dollars in the process."

2 of 272 comments (clear)

  1. Re:A word to the wise by pla · · Score: 5, Informative

    realize politics isn't a fucking sporting event between two teams

    Except, it kinda does work that way.

    Most people just have the teams wrong - Not red vs blue, not plebes vs silver-spoons, but rather "all of us" vs "anyone who runs for public office".

    Oddly, despite having the bigger team, we usually lose.

  2. Re:A word to the wise by Xest · · Score: 5, Informative

    I don't even recall any of the bankers themselves losing their jobs really. It was all the support staff that suffered like IT, admin, and customer facing branch staff. In this respect, and as the investment banks and customer facing banks are often different sub-companies, I'm not even sure people from investment arms of banks really paid a price at all for the most part.

    Also, a year later, they were all getting hefty bonuses again to boot.