13/03: PayPal In The Cayman islands

A lot of people remark on how fortunate I am to live in the Cayman Islands - and they are right. However, as with so many things, living in paradise does have its downsides - hurricane season springs to mind, oh and the high cost of living and the lack of any real subsidized healthcare, blah blah blah. On the whole however, I'm happy to trade all that for being an islander.

The latest annoyance however is one that affects me and my online ventures and I find it really irritating. Since my wife and I returned to the island, I had to reorganize a lot of things and one of my little tasks was to open a new PayPal account.

Despite the fact that we are a spit away from the US by plane, a British Dependent Territory and really very civilized with all the modern amenities of a 21st century western society, including a place as one of the top financial and banking centers in the world, I find that as far as PayPal are concerned, a lot of restrictions have to be enforced.

Now, at present, I have to face the hassle of using a UK Paypal account to receive commissions and payments, and then asking someone back in the old country to forward my cash to me here in paradise. This takes time and eats into profits with more extra fees than are desirable.

I thought that opening a new account would solve all these problems, so I went ahead and filled out another online application and was duly accepted. Problem solved I thought.

I now find out that despite having a premier and verified account here in Cayman, I cannot recieve money and can only send money "within my local market". What?!!!! I wouldn't be so miffed if this was mentioned at the time of signing up, but there was nary a word. I've now had to spend a couple of days going through countless affiliate programs and changing my PayPal email address back to the old one, sorting through various problems with companies who were trying to pay me, and wondering what the point of an online payment account that only works on an island 20 miles by eight miles long really is!

So, my public plea to PayPal is this....please help us folks out and take a serious look at altering your policies in relation to Cayman. The widespread use of your company's services makes doing business online without you a real pain in the butt - and I like you, I really do!

TCH

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