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Does paypal accept china user to accept USD?

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  #1  
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Join Date: May 2009
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Question

Does paypal accept china user to accept USD?


Hi,

Can anyone advise .. is paypal allow china user to accept or send payment in USD?

If can.. can advise me the step to do it?



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  #2  
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you get the option to select currency when sending paypal payment. Regarding receiving payment in US$, I think yes, but you should contact paypal using contact form your paypal account.

  #3  
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http://www.google.com/search?q=paypa...ient=firefox-a

They do have a Chines website there listed first result so my guess is yes.

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  #4  
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RMB not being a fully convertible currency, Paypal in China is not connected to the international Paypal, and Chinese Paypal users cannot send or receive USD. Chinese consumers have however the option to register for an international Paypal account as well, however withdrawal fees are high and this it not yet very popular in China. The most popular payment methods in China are wire transfer and Alipay (the leading local payment processing companies). Alipay doesn't support USD as well.

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  #5  
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What about USD->HKD->RMB?

Or, USD->some other currency->RMB.

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  #6  
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No use, HKD is also considered a foreign currency in China.

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  #7  
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hi,

i think so, the only contry i can think of, not accept paypal is macau

  #8  
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Quote:
Originally Posted by ecvps View Post
hi,

i think so, the only contry i can think of, not accept paypal is macau
There are a few that paypal do not accept such as Pakistan (or was it India. I'm not really sure) but there are others in addition to Macao

Quote:
Originally Posted by sinohosting View Post
No use, HKD is also considered a foreign currency in China.
Quite bizarre since HK is already a part of China now.

Quote:
Originally Posted by sinohosting View Post
RMB not being a fully convertible currency, Paypal in China is not connected to the international Paypal, and Chinese Paypal users cannot send or receive USD. Chinese consumers have however the option to register for an international Paypal account as well, however withdrawal fees are high and this it not yet very popular in China. The most popular payment methods in China are wire transfer and Alipay (the leading local payment processing companies). Alipay doesn't support USD as well.
That explains why some merchants in China have fees up to 8-10%. Quite ridiculous really.

  #9  
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I can confirm what sinohosting is actually quite accurate. Paypal has a China facing website though no foreign currency is allowed, for the possible reason of compliance with local financial legislation. There are some local payment gateways offering payment options of local and/or foreign currencies but they normally offer services to local merchants for accepting payments from foreign visitors.

  #10  
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For sending payment to China users, try Western Union.

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  #11  
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And which options are better to get the payment from China?
Any converter Alipay -> world PayPal?

  #12  
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From what I know the only option currently would be to work with a China based agent, who takes the payments on your behalf in RMB and pay you in USD by wire transfer or Paypal.

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  #13  
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We have many clients in China that pay via PayPal with no problems we have ever heard of

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  #14  
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From the information on PayPal site, they work with the following currencies

Anyway it is worth addressing such question directly to PayPal representatives, they will advise exactly.

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  #15  
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Quote:
Originally Posted by marcbarak View Post
We have many clients in China that pay via PayPal with no problems we have ever heard of
Yes, they use the international Paypal, not the Chinese one (www.paypal.com/cn)

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