foozball3000
Executive Member
If you had a website in any other country, you get paypal, wire up the code, and people can easily make donations to your site. But we don't have PayPal in SA. So, how will this work in a quick and simple manner?
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Quick and simple manner? LOL! This is SA buddy, no such thing![]()
http://www.therandtoday.com/2007/11/07/paypal-in-south-africa-restriction-to-e-commerce/ << SARS is to blame for our not being able to make use of paypal!
For my site we had to contact Nedbank and set up a merchant account (nedbank is the only facility in SA that supports ecommerce! For each and every transaction that takes place on our site Nedbank helps itself to 1.5% (slightly less or more) of the total transaction !!! :erm:
Nedbank will supply you with the code that you need to add to your ecommerce basket.
Hope that helps a little.
Kind regards
Actually, one way to Jippo the system is have someone in the UK set up a bank account then just register the paypal account as a UK user with those bank account details. ??
Wouldnt paypal block it once as they'll recognise you login in from SA ? but then again theres always vpns.
It's not about logging into PayPal that you can do, it's about taking money out of PayPal into your account.
Now what I don't get is how is this any different to anything else, like for example online poker? That gets paid into your account internationally yet SARS doesn't block that. Or if someone deposits money into your account.
They only way I see this as a loophole is if you keep all your money in PayPal and never take it out. Because then they wont be able to track that on a SARS audit.
I reckon the best way is to take a trip overseas, open up a bank account and setup paypal, you can open up a us bank account with just a passport.
Loyds in the UK, has an SA branch. But the idea of keeping your cash in your Paypal account isn't half bad. I'll ponder about it... but for now, as the site is small, I doubt if I'll get a lot of international traffic. So, I'll make some kind of plan when I get to it.
Again, thanks a million for the great info.
Im got one of these it was a mission but i now have $, EUR and GBP bank account's in some tax haven