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by Markoff·9y ago·view on hn ↗
i am using this market places and PayPal requirement would be very off putting, why not just use wire transfer? wire fees sure are much lower than 5% PayPal robbery they are committing when i am receiving money, I would much rather take off wire fee from money i am suppose to receive than deal with PayPal
1 comments
Wire transfer is definitely the way to go if transactions are only Europe to Europe or USA to USA. Unfortunately, I'm doing business in UAE, too, which creates huge problems. :/
I have zero problems to do wire even from US to Europe, heck I did even transfers from China to EU, but with help of Chinese national to circumvent their low forex limits (of course this is not solution for regular business, but neither is Paypal in China, only reasonable solkution without help of local is bitcoin, which I find risky for large sums)