Facebook Changes PayPal Payout Policy In Several Countries

What's Next In Payments®
3:51 PM EST January 28th, 2013

Facebook has changed up its PayPal payout policy by requiring extra levels of authentication from several countries, according to TechCrunch. China, India, Brazil, Australia, Japan and Norway are six of the countries in which users must now include extra forms of identification – such as incorporation papers or photo IDs, when requesting to be paid directly into bank accounts.

Countries such as the U.S., Canada, U.K., France, Germany, Singapore, Spain and others will not be faced with the added authentication measure.

Read the full story here.

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