Fully working solution for Cyprus company and PayPal payments with 2co.

Hi,

To start with I want to let you know that I'm testing various possible ways to sort out the issue most people have to get a working PayPal account for their offshore company.

What is most important for most is to accept PayPal payments and to be able to withdraw money earned by PayPal to their bank account.

I found out that this is actually possible using 2checkout.com.

What I did:
First I ordered fake documents for a Cyprus identity and uploaded it to the 2co account application.. I was waiting a few days and got the below e-mail:

Thank you for selecting 2Checkout as your payment provider. We are excited to work with your business! We have reviewed your account profile and determined we need a few more things before we can activate your account. At your earliest convenience, please complete the following item(s):

• Pricing: To enable your account to receive online payments, we'll need to better understand how you're pricing your products/services. If the products/services you plan to offer are tangible goods, please update your website with pricing information for each of these items. If the products/ services being offered are based on a custom request, please add a "Get Quote" button to your website.

• Address on Website: Please add the physical address of your business to your website. This needs to be the address listed on the utility bill, not a P.O. box. Send a link to where this address can be found to expedite the process.

When you have addressed the above item(s), please respond to this email, and I will be happy to activate your account. If you have any questions, please contact me at 1.614.921.2450 ext. 1164 or alexw@2checkout.com.

I look forward to hearing from you soon!

So now the account is approved. I add a Cyprus bank account to the 2co account and it was accepted. Now I made the first transaction with PayPal from one of my real PayPal accounts and it worked.

I just wanted to let you all know that this is a fully working solution.

Next venture will be to get this working with a Belize, Seychelles and Panama entity.

If you have any questions or you want me to try with any other offshore jurisdiction please just post here in the thread, I will be happy to test also for my own purpose and lnpwledge :)