When RBI and PayPal Issues started, the per transaction limit was 500 USD but PayPal managed to get it to 3,000 in few months time then and as of today July 29th, it increased to USD 10,000 per transaction.
Indian PayPal Accounts will be able to receive export-related payments of up to USD 3000 per transaction (Earlier it was USD 500 per transaction).
When withdrawing funds from PayPal I was not charged any withdrawal fees. I don’t have any official announcement yet on this but this could be possible because I opted for Auto Withdrawal Option Are you seeing any fees when trying to withdraw from PayPal?
When I tried withdrawing money from my PayPal account, found automatic withdrawal option. The only question I had was about the withdrawal fees.
As Google’s +1 Button gathers more data it will appear in Google SERP’s but according to me it will fail when implemented in SERP’s for multiple reasons.
PayPal was not compliant with RBI Guidelines for almost a month but recently I hear from lot of other fellow Indian webmasters that PayPal is slowly but surely implementing them.
As per PayPal, to become compliant with RBI Guidelines they suggested – Effective March 1, 2011 any balance in and all future payments into your PayPal account may not be used to buy goods or services and must be transferred to your bank account in India within 7 days from the receipt of confirmation from […]
January 2010 It was PayPal and this January it was Payoneer who had issues with Indian Banking system. Now RBI (Reserve Bank of India) raises yet another issue with PayPal. I got this email from PayPal today morning Dear Shabbir Bhimani, As part of our commitment to provide a high level of customer service, we would […]
January 2010 It was PayPal and this January it is Payoneer ( See my Payoneer Review ) who has issues with Indian Banking system. This is the email I got from Payoneer India Support. Dear Valued Customer, Due to instructions from the Indian local banking authorities, Payoneer Prepaid MasterCard cards will be blocked for local […]
Today when I logged into my PayPal account I was surprised to see that PayPal is asking for PAN Card of Indians. Check out the FAQ’s for PAN on PayPal website. Looks like PayPal is moving on the Path set by RBI. But as usual with PayPal there is a big big issue. I entered […]
Luckily or Unluckily I did a series of withdrawal from Paypal in the Last week of January and Now I stand Like this for all of them This is the effect of PayPal Halts Personal Payment Transactions From And To India It does not matter to me too much because Paypal is not one of my […]