Central Bank of Tunisia has some set of rules which they have forced on PayPal so that they cannot operate in Tunisia the same way they operate in most of the places across the globe. Due to this special set of rules, PayPal is unable to provide their regular services to Tunisians.
PayPal confirmed this as it reportedly said Tunisia’s application was refused because of the country’s inability to ensure freedom of potential people’s financial operations overseas.
Tunisia is among a few countries worldwide that impose controls that strictly limit citizens’ access to foreign currency and the transfer of domestic currency overseas.
Several youth movements kept pushing the government to make a serious move as it was time for Tunisia to consider revising its finance laws. Yet, nothing happened.
With the current set of rules, PayPal will never be able to operate in Tunisia no matter what. This would unfortunately leave Tunisia completely excluded from the digital global economy.
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