Facebook Changes PayPal Payout Policy In Several Countries

What's Next In Payments®
3:51 PM EDT 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.

Topics:
Comments
Also by This Author
What's Hot
Mobile Commerce
MasterCard CEO: MasterPass Starts Where Apple Pay Stops
News
Credit Unions, Retail Groups Finger-Pointing On Payment Security
Merchant Innovation
Q3 Results Highlight Groupon’s Growing Pains
International
Alibaba Protects Its 11/11 “Singles Day” Turf
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
Apple Pay Tracker
USA Today Compares MCX To The Three Stooges. Unfavorably
Apple Pay Tracker
Apple Pay Faceoff
International
Korean Tech Companies Shifting B2C Focus to B2B Market
Mobile Commerce
MasterCard CEO: MasterPass Starts Where Apple Pay Stops
View All Articles ››