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Err, I think you'll find that just changing one's country on the Fictionwise profile enables one to buy geographically restricted books. No need to pay in any other way than before.
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FWIW, unless they have changed something in the last couple of weeks I believe this is not true, from my experience they are checking your credit card billing address and also your (well, my) PayPal account address. The only way I can buy books now is by purchasing MicroPay dollars and using those with a US address.