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Why does paypal is still banned in Lebanon ?

This topic would interest people involved with E-commerce and online payment, everyone know that Paypal is a online gate which allow you to make online payments and transferring money through the internet ,through many years a lots of people was wondering why Paypal is not active in Lebanon , there are several of common reason behind this which describe Paypal as a Jewish organization and it is banned to operate in Lebanon other reason is that because Lebanon doesn’t take a legitimate Electronic signature from Paypal inc which would make the system available in Lebanon and the parliament haven’t looked at the presented draft submitted in 1996.Another reason include insufficient regulation and security in a country’s banking system Hence, and in march 2013 Paypal has started to operates in many countries like Egypt Jordan. Yemen, Morocco, Tunisia and Algeria excluding Lebanon but it should be available soon according to some resources , However […]