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PayPal Reverses Indian Accounts

thepaypalblog.com

1–10 of 21 posts

Re: PayPal Reverses Indian Accounts

#3
The Reserve Bank of India has not approved wallet services yet -- and Paypal function as a wallet.

What it means is that you can receive payments into your paypal account, but you can't transfer them to an Indian bank account.

That sounds like a fund freeze to me .. you can make the money, but you can't have it.

Bugger.

Re: PayPal Reverses Indian Accounts

#6
Don't you love it when they have 0 comments posted on their blog post.

"Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our "

- Guy with ~45K$ of Paypal money, and massively pissed of right now at

1. Lack of communication. (Found it via blogs.) 2. No Email back from support.

Re: PayPal Reverses Indian Accounts

#7
post #6

Don't you love it when they have 0 comments posted on their blog post. "Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our " - Guy with ~45K$ of Paypal money , and massively pissed of right now at 1. Lack of communication. (Found it via blogs.) 2. No Email back from support.

It is more likely due to timezone issues - it must be night there, that is why no one to approve comments

Re: PayPal Reverses Indian Accounts

#8
post #6

Don't you love it when they have 0 comments posted on their blog post. "Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our " - Guy with ~45K$ of Paypal money , and massively pissed of right now at 1. Lack of communication. (Found it via blogs.) 2. No Email back from support.

It is more likely due to timezone issues - it must be night there, that is why no one to approve comments

Hard to believe, I first read that post after reading pluggdin, http://www.pluggd.in/paypal-india-outage-no-payments-to-or-f..., and that post has been up for at least 24 hrs now. In all fairness, the comments must have been scathing. I know I cant bring myself to be polite to anyone at Paypal if I meet them now.

Re: PayPal Reverses Indian Accounts

#9

does this is why the fund transfer i made on 27 jan is not showing in my bank account. contacted paypal but no reply.

Same here. It was supposed to be credited by 4th Feb, but nothing till now. The response I got from support was they can initiate a trace after 2 weeks. But that wont work too I guess since they have suspended all bank transfers.

Re: PayPal Reverses Indian Accounts

#10
post #8

Earlier quoted context omitted.

It is more likely due to timezone issues - it must be night there, that is why no one to approve comments

Hard to believe, I first read that post after reading pluggdin, http://www.pluggd.in/paypal-india-outage-no-payments-to-or-f... , and that post has been up for at least 24 hrs now. In all fairness, the comments must have been scathing. I know I cant bring myself to be polite to anyone at Paypal if I meet them now.

Some speculation about RBI documents and stuff going on there. If that's true then it might take months before the suspension is lifted.
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