PayPal is a globally recognized payment service, and for good reason too: it remains one (if not the only) payment service provider where payments can be effected with just an email address (and nothing else).
What this means is simple: you don’t need to have complex payment details of anyone – or worse, expose your own account details to make or receive payments.
An extremely easy system, especially when it’s understood that you can set things up in mere seconds.
PayPal is also available in most locations across the globe, ensuring that most of the world’s 8.3 billion inhabitants are served.
Unfortunately, from June 15th, 2026, ThrottleHolic will no longer accept PayPal payments. Here’s why.
Why ThrottleHolic Is Ditching PayPal
ThrottleHolic Auto DIY is an intense passion for me – and remains something I wish to do for the rest of my life, seeing that I love cars and the sacred art of fixing them.
To this end, I’ve registered the business legally and used the certificates to create a business account with PayPal.
The new business account was limited immediately after the first tranche of funds got to it. I provided documentation, but for some crazy, illegal reason (PayPal wouldn’t state it clearly, instead preferring to assure me that it was founded on ‘solid, legal grounds‘), the limitation became a permanent ban on the account.
For months, I was in correspondence trying to sort things out. When it appeared it was all lost, I asked for my funds, having clocked over 180 days – and without any charge back requests (per PayPal’s TOS).
To my shock, PayPal refused to pay this money to date, giving all manner of excuses. Frustrated, I’ve decided to move on, focusing my energy on creating content around my number one passion, cars and vehicle repair. But, one thing is certain: I won’t be touching PayPal services EVER again!
Alternatives, Going Forward
So, going forward, what’s the PayPal alternative ThrottleHolic has decided on for payments?
I’ve looked at many options: direct bank deposits, Payoneer, and Wise. Bank deposits take ages to arrive and have enormous fees; Payoneer isn’t available to most peer-to-peer accounts, and Wise is still struggling with basic acceptance with most of my clientele.
This leaves me with one universally accepted option: CRYPTOCURRENCY (USDT).
This option beats PayPal, hands down, looking back.
How Cryptocurrency Beats PayPal for Payments on ThrottleHolic
- Cryptocurrency, unlike PayPal, is available the world over. USDT can be sent and received by anyone on the planet.
- Crypto is inherently more secure than PayPal, being completely decentralized. If you’re interested in privacy as a payer, the payee need not know anything about you except the strings of your digital wallet. Not even your name! Decentralization also means clockwork efficiency since no one authority/system is responsible for payment approvals/settlements.
- Crypto is cheap to send and receive, especially USDT. Unlike PayPal, it carries an almost zero-dollar fee. In the rare instances where there’s a gas fee, it’s usually in cents, even for thousands of dollars. This makes it inherently superior to PayPal, where fees can easily run into hundreds and even thousands of dollars.
- Cryptocurrency, especially USDT, reflects in real time and is blazingly FAST. There aren’t middlemen trying to steal from you by permanently withholding funds and banning you, as is the case with PayPal. This frees up important mental bandwidth to focus on the creative side of business, instead of the monetary end.
- Finally, cryptocurrency has a zero barrier to entry. All you need to have is internet access and an ID, and you can create an account, send and receive funds within minutes (just like PayPal), but without the fear of limitations PayPal poses to its users.
Contact me directly for my USDT wallet address if you need to make any payments going forward.
Thank you for your kind understanding.