Paypal India Problem
By montagia
@montagia (58)
India
February 25, 2010 9:21pm CST
There was a problem with withdrawal of money to bank and also with reversal of payment to Indian paypal accounts. Paypal acted in very very unprofessional way in thais issue. There were no notification or info on their official website. After somedays there was one post in their blog. He said he will update the progress in his blog. Its almost one month and there is no update. Does anyone know what is the current situation now? Does reversal of payment occurs now also?
6 responses
@920212 (577)
• Malaysia
26 Feb 10
actually this problem occured because some paypal members from certain area in india they try to trick paypal by apply personal account for their bussiness so that paypal not charge members a small amount fee for every withdrawal and this cause paypal to stop their sevice in india and increase their security level. for your information not all area in india were banned by paypal.because that certain area people in india receive payment through paypal without problem.but paypal try solve this proble soon.
@ramaswamyvtkv (2879)
• India
26 Feb 10
so can you tell me the areas in india were paypal pays?
or the areas which are banned?
do you contacted paypal recently?
well just 5 dyas ago also they replied me that they are trying to resolve the problem and they cannot tell a specific timeframe that will take to solve the problem.
@920212 (577)
• Malaysia
26 Feb 10
I am not sure the accurate area which paypal banned because paypal keep it as confidental but the latest news is now some of people from india started to receive their payment by paypal. for your information now paypal started to pay directly to member account if member wish to receive their payment through bank.
@josechukkiri (3014)
• India
26 Feb 10
Paypal only suspended the personal account payments only. This is because of the Reserve bank of India's directive. They will sort it out within few days, they stated.If anybody want to transfer funds from paypal to the Indian bank account can use the service of e-currency exchanges. They will charge a fee for that.
@ramaswamyvtkv (2879)
• India
26 Feb 10
well how is that working?
can we transfer our amount on paypal to that site?
how much money does they charge for that?
@user_786 (1338)
•
2 Mar 10
i have heard that paypal is not accepting payment or trasnferring payment to india. people who have been using paypal to receive money from thier online work are suffering. paypal should take some actions immediately. i wonder why paypal has stopped its service in india?
@ramaswamyvtkv (2879)
• India
26 Feb 10
when i ask them the same doubt via email they replied that.
we are trying to resolve that problem and specific timeframe cannot be said abotut to solve this problem.
does the reversal issue still exists?
does the money from mylot get resversed?
@common_man (1799)
• India
26 Feb 10
I joined this site 3 days back. I am getting message as to open paypal account. I am not aware about what to do for that and how? It seems u have pay pal account and some p[roblem with it. Can u guide me about hoew paypal works ?
@rajankin (21)
• India
26 Feb 10
Paypal has stopped payments in India because they have some problems with the reserve bank. As of now, you cannot withdraw the payment to your bank account. But you can link your credit card to it. So, technically speaking you have money in your account but cannot encash it. However, sites like ebay.com(US version) or ebay.co.uk accept payment from paypal. You can buy stuff online using this paypal account.
