Uzbekistan remains the only country in Central Asia where PayPal, the global online payment giant, is yet to establish its services. Despite the region’s growing digital economy and increasing demand for seamless cross-border transactions, PayPal’s absence in Uzbekistan continues to raise questions among businesses, consumers, and industry experts. This article explores the factors behind this anomaly, examining regulatory hurdles, market dynamics, and the broader implications for Uzbekistan’s integration into the global e-commerce ecosystem.
Uzbekistan’s Regulatory Landscape and Its Impact on PayPal Expansion
Uzbekistan’s regulatory framework presents significant challenges that have so far impeded PayPal’s entry into the market. The country’s stringent foreign exchange controls and cautious approach to digital payment platforms create an environment where foreign financial services must navigate complex layers of compliance and licensing. Unlike neighboring countries that have…
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Author : Mia Garcia
Publish date : 2025-07-27 05:58:00
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