# Why Mercury and PayPal left, and what that means for your agency
> Mercury restricted accounts tied to several countries across 2024 and 2025. PayPal has never offered full business service in Bangladesh. What is verifiable.
Canonical: https://fasset.com/business/blog/why-mercury-and-paypal-left/

AH

Ayman Hassen

Head of Business Banking, Fasset · September 2026

[A grid of filled circles with two drawn as broken dashed outlines]

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 PayPal has never offered full business service in Bangladesh, and has withdrawn business features in several markets over the years.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.

## Open your account

The application runs entirely online. Or walk through the product first, with sample data and no signup.

- Open an account
- See the demo

Client funds are held separately from Fasset’s own.

## Related reading

- **How to receive USD as a business in Bangladesh:** Four routes on a $10,000 invoice, what each one costs, and what happens to the dollars after they land.
- **How to receive USD as a business in Pakistan:** A $10,000 wire loses $340, the corridor averages 2.14%, and the certificate decides the route.
- **Safeguarding vs deposit insurance:** One is a government guarantee up to a limit. The other keeps client money out of a lending book.