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news Attention Domain Investors - PayPal pulls personal payments out of Puerto Rico

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PayPal has now effectively pulled out of Puerto Rico, terminating its services in the unincorporated U.S. territory, as far as personal payments are concerned.
Due to new government policies in Puerto Rico, we have made the difficult decision to no longer offer our person-to-person payment service to our Puerto Rican customers as of November 1, 2015. Our customers in Puerto Rico will no longer be able send money to friends and family abroad with Venmo or PayPal, but will be able to continue to use PayPal to pay for goods and services and receive payments. We regret any inconvenience this may cause our valued customers in Puerto Rico.”
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