Mercury restricted or closed accounts connected to a number of countries across 2024 and 2025, and businesses registered in Bangladesh and Pakistan were among those affected. PayPal has never offered full business service in Bangladesh, and has withdrawn business features in several markets over the years.
Neither company published a reason specific to any customer, and we are not going to invent one. What is verifiable is the outcome. If your business is registered in these markets, those two options are not available to you, and a plan that assumes otherwise is not a plan.
What this guide will cover
- What is on the record, with dates, and what was never publicly explained
- Why global platforms de-risk whole jurisdictions rather than individual customers
- Being declined against being offboarded, and how much notice you get
- What an account closure does to a business in the middle of an invoice cycle
- The workarounds agencies tried, and which ones create a bigger problem
- Why registering a US entity is not the answer most people think it is
- The five questions to ask any provider before you route revenue through it
- How we are structuring Fasset to make this a smaller risk, and what we cannot promise
In the meantime, the corridor guides cover what is still available: Bangladesh and Pakistan.
The full guide ships soon. Meanwhile the product is live, and the application runs entirely online.