My new experience in paypal! Do you have any fresh experience (Indians)

I completely agree that the word "punishing" is incorrect, wrong and likely to encourage a damaging and negative attitude towards PayPal (it might even be thought of as slanderous). Indians should understand that they live in a democratic society and it is the duty of each citizen to take an active and constructive part in their country.

Hi msdivkar, I used the word ‘punishment’ as a common man’s language, not the way you think like. Earlier we could do personal transfer without any charges then they made charges for it. I wish to tell you again, I am representing a common man who is making small amount from net by investing their valuable time. I am working in mylot only and I may take 2-3 months for making 10$ here. Initially we enjoyed the personal transfer and we accumulate money in paypal and later transferred to bank. As a small earner, the changes in paypal come to us as a ‘punishment’. But I agree, now they made auto withdrawn and waived off the charges for small amount, is a welcome step. May be something bad happened and government give restrictions to paypal to prevent those. But we people are trying to meet both ends, nothing to do with black money. Thank you so much for your views.

Hi owlwings, First I wish to tell you- I am not a business person and I am making money only in mylot. In mylot also I don’t get much time to work here as I have to take care of my small kids. I know the government is making restrictions but we are dealing directly with paypal only and so I ttry to express my disappointment by using the word ‘punishing (I am not blaming them). We enjoyed the personal transfer in paypal to paypal, we do accumulate money there, so that we can transfer it later to bank without much charge. Once we lost all these facilities, disappointment is natural. It does not mean that we are not aware about the real fact behind it. Regarding canvassing MPs, I already told you I am not a business person, not earning hugely either. I could reach 10$ in mylot in 2-3 months only. May be some people used this source to transfer black money and government wanted to restrict the same but the common people only faced problem with this. Those who are doing illegal money business will continue their work in any manner, they may get different sources. Anyway I don’t want to discuss all those here. My purpose to start this topic is to get more updates from Indian members about paypal. Sharing their experience will give me more knowledge. After starting this topic I realized paypal waived off the charges for transferring money for small amounts and now my worries too over. Thank you so much for the participation.

Hello Deepak, Have you any balance in your paypal account? If so you will get the notification very soon. I had only 0.82 cents and today they sent mail to me, the money sent automatically to your bank a/c so and so… they also wrote that ‘Your balance is automatically withdrawn daily’. I think they have not charged anything for this. I am also waiting for other responses so that I will get a clear picture about the same. Thank you very much for the quick start of the topic deepak.

I have just checked my mail box (after break), now I too have received the same notification. I had about two dollars left in my account. Hopefully, I will get my money safely in my saving bank account after 2-3 days.

You have two dollars and mine was very less.

Hi dear, I already raised the amount in mylot by 25$ but the problem is I have not reached payout for the last six months.

@ life - Someone else also had said that here but I searched everywhere and I could not find this notification. Would you be kind enough to reproduce it here for the benefit of all of us please.!

Sree.. I have made my payout 25$ last month when I reached to 10$.. Now I am almost their and thinking to increase it to 50$ again. Don't want to get those amount to my bank account now.

Looks like it. So, I wonder what incidents happened before this rule?

Hi jenny, I hope I have not made you worry with my topic. I have added the word – Indians- in bracket for not creating any confusion among members from other countries. Paypal is happy on punishing only Indians. So you don’t want to worry. I am glad my dear friend ‘life’ landed in time to help you. Oh you like naughty people … We, Indians are naughty always…

Ah, I see. Are there many 'naughty' people who abused Paypal from India? I like naughty people but not so naughty...

Hello Marine, If you have not added a bank account with paypal, I recommend you to add the same at the earliest. Please refer the response No. 3, she (life) wrote that we have to add Pan card number, purpose code and bank account to paypal, failing to do this we may face problems on receiving funds. The money we make online will come to us through paypal and we can only transfer the money to bank account, I mean we can’t use that money for any purchase or anything online. Once again I am suggesting to you add the bank account with your paypal (if you have money in paypal) why we should spoil our hard earned money. Thank you so much Marine.

I think life has already cleared your doubts.

I have already added a my permanent account number that is pan card no to my PayPal account...now I need to add the bank account ....by the way I have some question to you regarding this....I have a bank account in SBI in India..I am aslo having a debit card of the same account ....so is it possible for me to verify the ban account without visiting the bank bank brunch here...?what are the way to knoe those two small amount what PayPal has send to my bank account...?

Hi dear, They are not charging money for auto transfer, if it is small amount. However, there is a small conversion fee, which will be deducted. Earlier we had to pay Rs. 50/- for each transaction now that charges are waived off for small amount. So in that case it is a relief and we don’t want to do anything manually to get the money in our bank. After starting this topic and reading replies from other Indian members I am relieved much because it won’t harm us in anyway. Take care and have a nice time.

It's so surprising at sight of the smiley that happens to be placed wrongly on the beginning of the first sentence. It should be occurred at the end of the 2nd sentence to emphasize for every wee amount of conversion This will happen only when using IE to insert myLot code. I'm so careless that I hadn't had a check before hitting the post button. I hesitated whether I'm valid to join in this topic lol... for I'm not from Indian. Take care dear and have a beautiful Saturday.

I thought you added that smiley, because you are not familiar with the topic as it is for Indians. You are welcome to my topics, I just added 'Indian's' in bracket for not confusing other members here.

Because for paypal you can never be sure.

Hello nitin, Why you think that this change won't be permanent. Is there any reason for it. Let us wait and see. I hope good things won't change soon. Thanks for the reply.

Ask them to reset your password and then try.

Hi chaitra, Then what happened to the money in your paypal account. Try to recover the password for paypal. I hope you will get your account back.

Hi Dear.. I have to do that first.. @Deeapk have to do it.. I will do that today..

Hi angel, In that case paypal in India is doing well and they do keep inform about the updates with us. What about you, don’t you have an account in paypal by yourself then how you get payments from mylot. I won’t be happy to know about your problems even if we face similar ones. Thank you angel, for comforting me. Have a great weekend.

Hello angel, Paypal in India is doing better now. The only thing is they are strict with rules and limiting the account for those who are not following the rules. Else they are dong better now raise the limit of money to 3000 dollars from 500 dollars. Hope it will work better for you too. Nice to see your dog in profile. P.S. Do you have any news about alice (aliceinweb, she deleted her third a/c then no idea what happened to her)

Hiya sreekala, Answer is yes I do have an account with Paypal but I have an awkward e-mail that I am not sure whether to keep using it or not as sometimes I cannot login properly as they are forever changing the format. Yes we face similar problems here too with Paypal not being a big thing here so you see they have not got it in for India its in for Spain as well. Also I suppose it will have targeted other Countries similar which I don´t know about either. But in the meantime I shall keep using them as I have no complaints in particular about them myself. That´s okay you have a great Weekend too am finishing in a while as I have been to see my Puppy up there in that little Photo as he is a long way off at the moment till I can bring him Home (grin).xxx

Hi mknnan, You already withdrawn the money otherwise you would have get the money automatically into your bank. I wish to ask one question, have they charged money for the transfer? In automatic withdrawal they are not charging money for transferring.

Automatic transfer already implemented, many members acknowledge the same in this discussion. Let us be happy now, they are doing something great for Indians too.

I kept around $8 for past 3 months and nothing happened to my balance. So automatic withdrawal doesn't occur on my balance. When i did manual transfer to my bank account they didn't charge any fee (Rs.50). This free transfer without fee is updated paypal website also. I will be happy if automatic transfer gets implemented soon.

Hello anand, Yes, that is the good point, they are not charging money like earlier. Now we can't accumulate money in paypal. But considering the fact, charges waived off, why we want to accumulate money in paypal for long time.

I too did it, made minimum as 25 but due to my absence I have not reached this money for the last six months.

But I am still collecting at here.. Last month i reached to 10$ and I make my minimum 25$ because I wasn't wanting that amount. Now I am almost their and thinking to increase it again to 50$...

Hi dear Earlier we could do anything with paypal money, could transfer to friend's account freely then they started to charge for transferring and finally they stopped all those facilities. All these restrictions came due to the RBI guidelines. Now the day to day money will be auto-withdrawn to our bank.

Hi gshyam, If Indian government tightened the paypal then there must be reasons for that. Earlier the transfer of money in paypal was free then they charged for transferring and finally stopped all the services. Now Indians can only transfer the amount to bank if they get any money through paypal. Moreover, they made PAN card number compulsory too. I think the common people like us, who are making small amount, facing problems with the restrictions. Thank you so much for your views.

See that initially any company will give free offers after getting enough users they align the revenue model meanwhile the regional governments interfere not to misuse the policies.so overall i can say its govt responsibility to restrict or to enhance any business model like paypal.

Hi sriram, You mean, we can change the auto-withdrawal option, oh then it will be great again. Since they are not charging money for transfering small amounts, I think there is nothing to worry (this information I got only after starting this topic). Thank you sriram for sharing this information.

Hello steph, Indians can use paypal but there are some restrictions. We can't do personal transfer from one paypal to another paypal, we can't purchase anything through using the money in paypal. The only thing we can do, once we receive payment in paypal withdraw the same to bank. Now paypal is providing facility to withdraw money automatically, We don't want to do the manual transfer. The advantage is, pyapal is not charging anything for transfer small amounts. So with this new development, Indians are happy.

Hello Sham, So we can’t edit the withdrawal option in paypal, is it? The good thing is they are not charging money for the small amounts. If the bank started to charge for over transactions we can't blame paypal either. But very limited people are getting money from paypal frequently. It may never applicable for me (lot of transactions from paypal)

Hello Abhai, I am fine and hope you too. As you know this discussion is old and that time the money received in paypal was automatically withdrawn to bank within 7 days of receipt. There is no minimum payout in payapl and utp Rs. 7000/- the withdrawal is free (earlier they charged Rs. 50 for each transaction). However, I am not aware about the recent developments in paypal. If you received money in paypal for more than one week and it is still in paypl which means you can hold your fund in paypal like earlier. If you wish to transfer you can transfer that money to your bank without worrying about the charges.

Hi globaldoc, No, this is only for Indians. Indian government is making restrictions with paypal.

Hi pro_ojha, I think you should log in to paypal and change the bank information at the earliest. Please link another bank with your paypal. Why should we spoil our hard earned money? Please do the needful as soon as possible so that you can save your money.