PayPal business account fees in Georgia ?

Hello, I have a PayPal account in Georgia and they will not allow anyone to receive money into their bank account from it, only spend. I have found a local provider who says he can enable me to receive a PayPal payment into my local account with his service as intermediary and I am in the process of getting the details and costs.

Hi DavidB4,
Yes, I know you need an US bank account to withdraw funds from your Georgian PayPal acct and probably the intermediary has one there and will wire funds to your local bank (surely a fair solution if not expensive).

I don't have this problem because I'll keep funds on PayPal with the plan to reinvest them.
You can't withdraw funds to your bank but you can receive incoming payments from other PayPal accounts, correct ?
Do you know the % fee applied by PayPal on each incoming payment ?

Thank you

Sorry, no I don't. Cheers.

Ok

Payment processors are like bank cards : in most countries of the world, most of them only work in debit mode. Better to laugh than to cry. 

If you are creating an online business that markets at least one product and / or at least one service on the internet in Georgia, you cannot choose one of the best payment platforms: Stripe, Paypal, ...

So you have to choose a payment platform with high fees. So every time you make a payment in Georgia, you pay a tax to a company that is higher than the amount paid by some of your non-Georgian competitors.

Unfortunately, in Georgia, companies prefer to offer products or services that interest no one than to offer products or services that are sought after by many companies or consumers.

Michel, where did you get your information about Georgia - what's your source? Also since you are obviously such an expert - on everything, why didn't you mention that you can use PayPal or Stripe for your online business in Georgia if you have a bank account in another country that can process it. Then you could transfer the funds from that bank account to your Georgian account if you choose.

you said: "Unfortunately, in Georgia, companies prefer to offer products or services that interest no one than to offer products or services that are sought after by many companies or consumers."  what does that even mean?

You wrote : I have a PayPal account in Georgia and they will not allow anyone to receive money into their bank account from it, only spend.

I did not write that I am an expert in everything.

To be able to use Stripe or Paypal with a bank account located in another country, you must create a business in this other country.

The goal of most foreign entrepreneurs living in Georgia is to start a business in Georgia.

Also, if you have to start a business outside Georgia to be able to do business in Georgia, there is a problem and you have to solve it.

Finally, I wanted to say that a company must solve painful, urgent, recognized and unresolved problems. This is rarely the case.

MichelParaguay, You did not answer what your sources are for the information that you've stated about Georgia? You are totally incorrect about having to start a business outside Georgia in order to have a PayPal account! How do I know? Because I've done it before.  Also, explain why someone in Paraguay (if that is really where you are located) would be so interested in online payment services that are available in Georgia? I sense that there is an ulterior motive involved on your part.
You say: "a company must solve painful, urgent, recognized and unresolved problems. This is rarely the case." That is pure gibberish and means nothing. How many companies have you started in other countries in order to gain this scintillating insight?   
Bottom line: you should not be posting here because you haven't a clue what you're talking about.

- My sources : Stripe's rules (Stripe does not work in Georgia) and PayPal's rules and this information you wrote : I have a PayPal account in Georgia and they will not allow anyone to receive money into their bank account from it, only spend.

- I did not write that you have to create a business outside Georgia to have a Paypal account.

I wrote this:
a) to legally cash money in exchange for a product or service you have to create a business.
b) to collect money with a commercial paypal account, the Paypal account, the bank account and the company must be located in the same country.

A lawsuit of intent is a fallacy of discrediting a person by lending them shameful and reprehensible intentions.

I never wrote on this forum that I live in Paraguay. I am interested in all the countries of the world to be able to compare them.

A company must solve painful, urgent, recognized and unresolved problems. You should thank me for passing this information on because it took me years to find it. If a product or service does not meet all of these characteristics, it will not sell or it will be difficult to sell. My source : The French-speaking Youtube channel specializing in marketing that has the highest number of visitors : Marketing Mania.

Then I wrote that this is rarely the case : I meant that it is rare to find a company that delivers a product or service that has the qualities mentioned above.

As you said: 
"I wrote this:  b) to collect money with a commercial paypal account, the Paypal account, the bank account and the company must be located in the same country."

That is 100% wrong. As for the rest of your ramblings, I can't be bothered.

Millions of entrepreneurs know that, since 2015, it has been impossible to create a company in Hong Kong, and create a Stripe or PayPal account in Hong Kong, and connect this Stripe or PayPal account to a commercial bank account located outside of Hong Kong. It has been the same in all countries of the world since that date. You can violate PayPal's policies, but when PayPal finds that you have violated PayPal's policies, PayPal will close your account.
Truth is not a quantity. Either information is currently valid, or it has been false for a given moment. So it is absurd to say that a proposition is 100 % false.

Since I and others I know have done this, it is you who are being absurd. And he did not make a 'proposition' he made a statement as fact and was incorrect, as are you.

Oh. and you stated: "Millions of entrepreneurs know" of course I'm sure you have documentation to back up these wild assertions?

Between 2000 and 2015, every morning, in front of the HSBC bank in Hong Kong, there was a very long line of expatriates. Since 2015, this is no longer the case, because Stripe, PayPal and the Hong Kong banks have changed their rules and they freeze or close the accounts of entrepreneurs who do not respect their rules.

All Internet users who listen or / and read at least one specialist in the creation of an online business (they are very numerous, in all countries of the world, and several tens of them have millions of listeners or / and readers) know this information.

"All internet users who listen" this is your idea of a source and documenting your statement? What a joke. I've seen some of your other posts and checked the links you have for references and they also did not support your comments = a pattern with you.

Wolof is a very imprecise language. English is a imprecise language. French is a precise language. German is a more precise language than french. Latin is a more precise language than german.
The english word statement has several different meanings. Since I don't like words that have several different meanings, I replaced the english word statement with the french word proposition.
False is not a quantity but a quality. Either a sentence is true, or it is currently valid, or it has been false for a given time. So the expression "100% false" has no meaning.

And in English, your proposition is known as: blah, blah, blah.

My sources are not "Internet users listening" My sources are the specialist in the creation of an online business.
You asked me to prove that "millions of entrepreneurs know ...." I proved it to you by indicating that there are dozens of online business creation specialists who have millions of readers or / and listeners.

And in English, your proposition is known as: blah, blah, blah.
In all languages, yours is wrong.

If you associate a Stripe / Paypal commercial account with a bank account (personal or commercial) which is not located in the same country, you are violating the Stripe / Paypal regulations. https://stripe.com/global  So all the entrepreneurs who have read the Stripe or Paypal contract and who respect it do this : they create a business in a country, open a commercial bank account in this country, then they open a Stripe or Paypal account in this country, if possible.

Once again you seem to think that showing a link is all you need to prove your statements. But I actually contacted Stripe and asked them:

so if I understand correctly, if we have a business, and all the other requirements you listed, in a country where Stripe is supported, we could set up an account with you there and also run sales from our business in Georgia through it. Is that correct?

From Stripe: "Diving in, yes you are correct. If you have all the requirements, you can definitely open a Stripe account in a another country that Stripe supports even if you are from Georgia. You can also check this link as reference."

https://support.stripe.com/questions/re … er-country

So once again you are incorrect, about PayPal also but I can't be bothered to waste my time educating you any further. If people want to listen to you that's their error.

It seems to me that we are not talking about exactly the same thing. 

Here's how I understand your answer :
1) Company in the United States of America
2) Commercial bank account in the United States of America
3) Stripe in the United States of America
4) The manager of the company can live wherever he wants. However, he will not be able to transfer money from a bank in the United States of America to a country sanctioned by the United States of America : Nicaragua, Cuba, Venezuela, Iran, Syria, North Korea, Russia,...
5) The company's customers can be in any country in the world, except in a country sanctioned by the United States of America. I do not recommend using a VPN and this kind of service: https://www.mahcard.com/
I agree with all of the previous sentences.

My goal was to
1) live in Georgia
2) start a business in Georgia
3) use Stripe or PayPal to sell products or services online
It is not possible.