Comments on: Paypal stopped sending receiving personal payments in India

By: Suman

Suman — Tue, 30 Aug 2011 11:06:13 +0000

Very much align with Sonia, PayPal is doing monopoly here, transaction fee while transfer amount to your bank……Huge.

No other option available here…. ccavenue is too expensive.

By: srikanth

srikanth — Tue, 04 Jan 2011 09:35:59 +0000

Alternative to Paypal in India is CCAvenue AFAIK.

By: Sonia

Sonia — Sun, 01 Aug 2010 05:57:55 +0000

PayPal is earning a big amount from Indian customers, and not paying Tax to indian govt., I think RBI is doing just to collect tax and customer data from PayPal, this is good for our country.

We should support RBI.

By: Doctor5

Doctor5 — Sat, 13 Mar 2010 16:21:34 +0000

Yes I am agree with you because Indian people are really use paypal in wrong term. Keep it up.

By: admin

admin — Tue, 02 Mar 2010 12:43:41 +0000

Do you know of some good alternates, if yest please share in the comments section so that others can also get benefit from it

By: Ovi

Ovi — Mon, 01 Mar 2010 08:33:53 +0000

We should chose a alternative payment processor instead of paypal. There are lots of complaints about paypal.

By: Zeeshan

Zeeshan — Mon, 08 Feb 2010 04:19:34 +0000

This is so not happening grr.. i receive so man internet payements from paypal i wonder what will happend now ..

I digged little but deeper and its due to Indian government restriction for the papal due to interest % according to Indian government a person is entitled to receive and he is restricted to send any money abroad due to tax % only company’s may send money abroad legally paying interest % thus paypal blocked due to Indian government restriction on sending personal money so they stop it both the way until they can sought this out with them

By: admin

admin — Sun, 07 Feb 2010 12:00:53 +0000

I’m also facing the same kind of problems with my paypal account here in India. Lots of money that I received or send have been reversed back. I don’t know why this is happening.

If Paypal does not want people to send or receive payments using personal payment method, they should have blocked it in advance or send some notification to all paypal users here in India.

Look like this problem has big impact on small businesses and freelancers. Right now I have negative balance in my paypal account and there is no help or update from how to about the reversed tranasctions.

By: Timir Patel

Timir Patel — Sun, 07 Feb 2010 11:41:00 +0000

Paypal done this without any intimation and how can paypal reverse money from our account once they have credited.

If they have stopped personal payments to and from India. then they have to block the option by sender side that he can not

send payment in India.

I got USD 577 in last few days. I have also requested to withdraw money in bank account. See what happens !!!!!!

Paypal canceled all my withdrawal requests and credited USD 542 and reversed to senders.

I got credit of USD 542 instead of USD577. Even if withdrawal requested are not completed (Deducted exchange rate fees). But

how can they deduct exchange rate fees even if transactions are not completed and money are sent back to senders.

Now I have negative balance. And I like that balance will become positive by deducting from credit card.

Who can tell that paypal is safe way payment method ????

No steps are taken in front of paypal.