I find that lots of payment services - Venmo, Revolut etc - aren't accessible in Israel. I'd guess there's a regulatory issue at this end, but I don't know. Paypal is a major exception.
I used Wise to set up a virtual US bank account to receive payment from American clients. I'm not sure if that would be a solution, but it's probably worth a look.
One time I was ordering a t-shirt from Jobedu (a Jordanian company) and they had switched their payment processing to some outfit run out of Dubai. My bank canceled that payment faster than you can say "Payment Confirmation." A year later, they were back to a payment processor that was supported in the USA (at least for their English-language web page). All this Internet stuff isn't magic; it just appears to be when it works.
Nothing regulatory and nothing security-wise. The US itself is far stricter than Israel in terms of financial regulation. Remember: the powers that be want your transactions digitalized. That way you can be monitored (sounds conspiratorial, but it is true). My guess is that the local bank (essentially there is only one--monopoly, anyone?) senses a threat and in conjunction with Israeli regulators is slow-tracking requests by companies like Slack. In the end, the money must land in an Israeli bank. The question will be how much the bank receives for that service. Haggling in the digital shuk. Patience is needed.
Thanks. I just sent them a query about this.
I find that lots of payment services - Venmo, Revolut etc - aren't accessible in Israel. I'd guess there's a regulatory issue at this end, but I don't know. Paypal is a major exception.
Have you... has anyone... had any success with directing readers to ko-fi or buymeacoffee, and the like?
I use ko-fi quite successfully.
I used Wise to set up a virtual US bank account to receive payment from American clients. I'm not sure if that would be a solution, but it's probably worth a look.
Thanks for this. It was helpful.
One time I was ordering a t-shirt from Jobedu (a Jordanian company) and they had switched their payment processing to some outfit run out of Dubai. My bank canceled that payment faster than you can say "Payment Confirmation." A year later, they were back to a payment processor that was supported in the USA (at least for their English-language web page). All this Internet stuff isn't magic; it just appears to be when it works.
Thanks. I've often wondered about this.
Perhaps there is a security issue.
Perhaps.
Thank you Sheri. I've been wondering about this.
Nothing regulatory and nothing security-wise. The US itself is far stricter than Israel in terms of financial regulation. Remember: the powers that be want your transactions digitalized. That way you can be monitored (sounds conspiratorial, but it is true). My guess is that the local bank (essentially there is only one--monopoly, anyone?) senses a threat and in conjunction with Israeli regulators is slow-tracking requests by companies like Slack. In the end, the money must land in an Israeli bank. The question will be how much the bank receives for that service. Haggling in the digital shuk. Patience is needed.
I think a european account may be easier to open than a US one. (unsure about UK offshore accounts)