why do some countries is not listed in paypal..?

@GurLee (70)
Malaysia
March 20, 2007 1:30am CST
I'm new to online banking.. And i think paypal is a great online money processor.. But the problem is, my country is not listed in paypal. Does this mean i can't have a paypal account? If i'm still interested in having a paypal account, is there any alternative way that i could get it? Why do some countries is not listed in paypal?
1 response
@mvsrao (4365)
• India
20 Mar 07
Paypal is trying to expand its services to all the countries . Unfortunately some countries do not allow Paypal to operate . And cerain international regulations should be fulfiled to start a service in another country . it takes lot of time . if Paypal accout is not available for your country (Malaysia) then pls note that you should not sign up for the Paypal account with false information . It is against the rules to put another country as your own residing country .
@GurLee (70)
• Malaysia
20 Mar 07
Too bad that my country is not listed yet. I guess i just have to wait and see if my contry will be in the list. Do you have any suggestion other than paypal or e-gold?
@mvsrao (4365)
• India
20 Mar 07
^ if Paypal account is not available then we have to select E-gold to get Mylot earnings . At present , we do not have alternate processor to these two for Mylot payments . However , Mylot admin has assured that they will be adding some other payment processor as early as possible ...