Paypal back for Indians...personal acc. still suspended...exporters gets benefit
By chdsandeep
@chdsandeep (397)
India
February 26, 2010 11:50pm CST
I just got an email from Paypal in which they have mentioned that RBI have allowed them to make transaction for the local banks in India. Now Paypal is more powerful for the exporters and for people who are using services for selling and buying goods while still personal transactions are still suspended and as paypal will get approval for personal remittances to India they will also start that service.
It is good news as now Paypal is back again for Indian and hope soon personal accounts will also be activated again.
welcome back Paypal...Thanks Paypal and RBI...
1 response
@manofstrongmind2v2 (123)
• India
27 Feb 10
Hi chdsandeep..How are you..? It is a very good news you have communicated to all. My account balance was also reversed..but no such email has been received from paypal so far. Any way let's hope that every hurdle is set right and that India members do not face any such problem in future.
WITH BEST WISHES AND BEST OF LUCK TO EVERY ONE.
@chdsandeep (397)
• India
27 Feb 10
Hello friend!!
I am fine. Yes, no doubt it is really good news for all Indians and moreover it will be better when we problem with the personal accounts will also be solved which paypal is hoping as well to solve the problem with RBI.
I also got their email today and for more details you can refer to their blog as they have mentioned that for any details we can look for their blogs where all informations are updated for us.
Its really beneficial at present for the business people and other people who sell their products and have payments through paypal...
Good step taken at end hope soon for personal account as well... as for these accounts even paypal and RBI took a long time and people were already thinking to shift to some other alternate sources...
Have a nice time!!
