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PayPal Freezes Kenyan Accounts Over Money Laundering

JUSTUS KIPRONO·Business Today·2026-06-03 18:03:58·1 view

PayPal has frozen funds held in numerous Kenyan accounts and permanently closed others, prompting widespread frustration among freelancers, small businesses and creatives who rely on the platform for overseas payments. The US-based payments giant is requiring users receiving money from abroad to provide extensive verification, including work contracts, bank statements and proof of a physical […]

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