PayPal is probably the easiest means of money transaction in the world.
Though it is popular in the developed countries, it is not available in Nepal.
As a result millions of bloggers and online entrepreneurs suffer when the issue of international money
transaction comes in online business.
Why is PayPal not available in Nepal? There are many
reasons. The main obstacle is that Nepal Central Bank requires an explanation
to the money coming in and going out from Nepal. However one can sign up
freely in PayPal by using US or Indian Bank Account to get verify. But the bad
news is that such types of accounts are being closed after one or two months of
the verification.
I read some articles through Google Search to know about possible alternatives of the
verification of PayPal Account in Nepal. After a long study, I found that the
alternatives are just waste of time. The power of PayPal can’t be ignored. PayPal can be availed in Nepal if any
international bank is interested to open branch of office in Nepal. Let us hope
that the people of Nepal will get the facility of PayPal in
near future.
Discovered by +Don Prince