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PayPal and e-commerce in San Marino finally have become friends - Startup.sm

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 Following the approval of Law n. 71 of 2013, the requests for and the openings of e-commerce businesses have boomed, as (like the public trading licenses) shareholders are no longer required to be San Marino residents. [Here the details of the Law] However, the most recurring question from our clients is: Does PayPal work in San Marino? Until recently, the only way to withdraw the money collected through PayPal was to deposit the funds on a credit card: simple though only limited to a few hundred Euro per transaction. However, finally, after two years following the approval of the Law on E-commerce, PayPal opens up the possibility to register and use the service with a San Marino bank accou...

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