Is Paypal is safe and secure for Indians?

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Yes. The Paypal is safe and secure for Indians. Now the Paypal and RBI has reached and understanding.The paypal can receive credit of $3000 per transaction for an individuals. So, every individual can receive payment through Paypal. But when we register the account with Paypal, we should add address proof and Permanent Account Number (PAN) issued Income-tax Department. Earlier some myLot members have worried about this.