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RSS Feed Attention all Entropia Universe participants in the US who have registered a withdrawal

Discussion in 'Entropia Release Notes' started by ArkadiaBot, Jun 26, 2015.

  1. ArkadiaBot

    ArkadiaBot Bringer of News PAF Administrator Planet Arkadia Official

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    Attention all Entropia Unvierse participants in the US who have registered a withdrawal. MindArk will start using PayPal for transferring withdrawals starting with participants in the US. Today Entropia ...

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  2. Neil

    Neil Adviser Pro Users Arkadia Adviser

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    Hey that sounds great... am I reading it correctly - paypal withdrawals (at least for USA) carry no fees at all?
     
  3. HaKuRa

    HaKuRa Active Member

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    Paypal is good. Do it for all the world please =)
     
  4. ArchAngel

    ArchAngel Active Member

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    That's the way I read it. Transferring money within the US doesn't incur any PayPal fee, but usually they do on an international transfer. I guess this means no more waiting 90 days for a bank wire?
     
  5. sinkillerj

    sinkillerj Active Member

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    Keep in mind the wording, it implies that this is only for those who already have a withdrawal request in. It does not claim that PayPal withdrawals will be available for all.
     
  6. ArchAngel

    ArchAngel Active Member

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    MindArk will start using PayPal for transferring withdrawals starting with participants in the US.

    I think it kind of does. They are just giving those that have requested a heads up. It makes sense to use PayPal. Personally I don't know why they haven't always done it this way, but who knows. :biggrin2:
     
  7. sinkillerj

    sinkillerj Active Member

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    Hmm, you could be right, just never know with these guys. And yea PayPal withdrawals have been needed for years, I hope it sticks around. I also hope they lower the limit on PayPal withdrawals but I doubt that will ever happen lol.

    Now if someone like CoinBase would come along and get them to accept Bitcoin...
     
    • Agree Agree x 1
  8. Hideo

    Hideo Active Member

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    if this is coming i will instantly TT my whole family and withdraw thru paypal


    ...and will never look back :p
     
  9. KikkiJikki

    KikkiJikki Well-Known Member Pro Users

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    I'm not sure if no fees assumption is warranted. Won't MA be paying from Sweden?
     
  10. San

    San Well-Known Member

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    It depends. I would assume that a company with important customer base in the US would hold an account there, or at an international bank that especially caters to such businesses. Citibank or HSBC e.g. can do intl. transfers internally. Paypal also handles that gracefully, but hides most of their earnings in a bad conversion rate. With PED to USD fixed, that shouldn't be an issue in this case though.