Well — here comes the final blow — Indian users of PayPal will no longer be allowed to maintain any PayPal balance in their PayPal account for more than 7 days & cannot receive payments greater than $500 (freelancers are gonna feel the pinch). Here’s what PayPal sent out in its latest email to users [...]
Barely a few days ago, PayPal had announced that Indian users would not be able to withdraw electronically from July 29, 2010. However, PayPal has announced today that it will continue to offer electronic withdrawals. Here’s the email PayPal has sent out: We’ve received good news. You can continue to enjoy electronic withdrawals just as [...]
PayPal has announced another change in withdrawal of funds from PayPal Accounts for Indian Users. In accordance with regulatory instructions, PayPal is bringing in a change in their withdrawal functionality in India starting on August 1, 2010. At present you can request for either an electronic or cheque withdrawal of funds from your PayPal account [...]
If you’re a Seller from India and accept monies into your PayPal account, well, PayPal has got some news. PayPal has sent out the following email to users based in India: In compliance with Indian regulations, if you are selling products and services to customers globally, please review the following important information: • [...]
Just received an email from PayPal stating RBI has allowed them to continue local bank withdrawals for settlements for exports of goods and services. Paypal anticipates that, as of Wednesday, March 3rd, customers will be able to use their bank withdrawal service. However, the bad news is — personal payments into India still stand suspended [...]
Here’s a tip: If you have to replace a card on Paypal, first add the new card, and then delete the old card if you have subscriptions. Just adding the new card to your account won’t switch the subscriptions over, it will still cancel any subscriptions that were started on the old card. To know [...]
