adnan007 Posted September 7, 2011 Share Posted September 7, 2011 I am from India and unfortunately Paypal have changed their terms for Indian members... A member should withdraw their payments within 7 days of receiving the payment or else the payment will be canceled. Moreover, we will have to add a PAN card into our Paypal account to be liable to receive payments from Paypal... Link to comment Share on other sites More sharing options...
riddick09 Posted September 10, 2011 Share Posted September 10, 2011 I am from India and unfortunately Paypal have changed their terms for Indian members... A member should withdraw their payments within 7 days of receiving the payment or else the payment will be canceled. Moreover, we will have to add a PAN card into our Paypal account to be liable to receive payments from Paypal... Hmm. I never heard that you can use paypal still. From my understanding from other posts, is that paypal for Indian users are no longer possible to use. But according to your post it is possible but with a big condition and that is to withdraw as soon as possible. Very difficult to use it. Link to comment Share on other sites More sharing options...
luckyvoy Posted September 10, 2011 Share Posted September 10, 2011 Well this is true that indian can receive money in paypal but cannot send it though it is possible to send to anyone by attaching your debit card to it again the money you receive you should withdraw it to your bank though i dont think there is really a time limit. Link to comment Share on other sites More sharing options...
adnan007 Posted September 10, 2011 Share Posted September 10, 2011 Hmm. I never heard that you can use paypal still. From my understanding from other posts, is that paypal for Indian users are no longer possible to use. But according to your post it is possible but with a big condition and that is to withdraw as soon as possible. Very difficult to use it. Indians can use Paypal but to receive Business payment only and with a condition that the payment so received should be withdrawn within 7 days of receiving the payment or else the payment gets canceled. Moreover, a PAN card is required to be added to our Paypal account to keep using their services which is just annoying for me as I don't have PAN cards and hence unable to use Paypal... Link to comment Share on other sites More sharing options...
deal3049 Posted September 11, 2011 Share Posted September 11, 2011 Indians can use Paypal but to receive Business payment only and with a condition that the payment so received should be withdrawn within 7 days of receiving the payment or else the payment gets canceled. Moreover, a PAN card is required to be added to our Paypal account to keep using their services which is just annoying for me as I don't have PAN cards and hence unable to use Paypal... there is one more drawback- credit card needs to added in the account to send payments previously, there was a system where indian members can receive payments only by Mass payments which was very annoying but it has been finally removed but the case of CC seems to be forever Link to comment Share on other sites More sharing options...
budado Posted September 11, 2011 Share Posted September 11, 2011 I'm really frustrated every time I read the problems of indian account holders of paypal. The reason is simple. theirs so many good indians who uses paypal. They will their central bank so greedy to control paypal funding? I think paypal must not allowed and members must not allowed as well that central bank of india must have a say on this. Because this is an online payment processors. And the rules that paypal must follow is the rules of U.S.A. I hope soon this problem will be solve. But I guess theirs must be a good enlightenment in the part of their banks. Link to comment Share on other sites More sharing options...
deal3049 Posted September 12, 2011 Share Posted September 12, 2011 I'm really frustrated every time I read the problems of indian account holders of paypal. The reason is simple. theirs so many good indians who uses paypal. They will their central bank so greedy to control paypal funding? I think paypal must not allowed and members must not allowed as well that central bank of india must have a say on this. Because this is an online payment processors. And the rules that paypal must follow is the rules of U.S.A. I hope soon this problem will be solve. But I guess theirs must be a good enlightenment in the part of their banks. first of all i want to say that RBI (Reserve Bank Of India) can control almost all the bank related issues, and even paypal is virtual bank and there are withdrawls to indian banks (what i want to say is that paypal has relation with the indian banks) so it has the full authority to control it even i too hope those restrictions would be removed, but its unimaginable because it is very strict. Link to comment Share on other sites More sharing options...
adnan007 Posted September 13, 2011 Share Posted September 13, 2011 there is one more drawback- credit card needs to added in the account to send payments previously, there was a system where indian members can receive payments only by Mass payments which was very annoying but it has been finally removed but the case of CC seems to be forever Well, Credit cards is not a big problem as there are still options to add VCC's on our Paypal account. As far as Mass payments and Pan card is concerned, it surely is annoying for Indian as not every person has a Pan card or mass payments are hard to receive then direct payments. Link to comment Share on other sites More sharing options...
deal3049 Posted September 13, 2011 Share Posted September 13, 2011 Well, Credit cards is not a big problem as there are still options to add VCC's on our Paypal account. As far as Mass payments and Pan card is concerned, it surely is annoying for Indian as not every person has a Pan card or mass payments are hard to receive then direct payments. no VCCs are also very risky i created a new indian paypal account and tried to verify it with VCC, but after getting $1.95 my account was limited! hence it is not to be considered as alternate way Link to comment Share on other sites More sharing options...
adnan007 Posted September 13, 2011 Share Posted September 13, 2011 no VCCs are also very risky i created a new indian paypal account and tried to verify it with VCC, but after getting $1.95 my account was limited! hence it is not to be considered as alternate way I myself have verified my Paypal account using a VCC and didn't faced any such limitation issues at all. I guess, the limitation would have been due to some other reasons and you can upload the required documents asked by Paypal to uplift your limitations once again. Link to comment Share on other sites More sharing options...
yogeshwartyagi Posted September 14, 2011 Share Posted September 14, 2011 @adnan you are lucky my friend that you are able to verify your account using VCC and is able to send receive thru it. But unfortunately there is not much use left for indians and we can just receive money to our paypal and withdraw to other bank and nothing else we can do even cannot send a small amount to others from our paypal balance. Link to comment Share on other sites More sharing options...
deal3049 Posted September 14, 2011 Share Posted September 14, 2011 I myself have verified my Paypal account using a VCC and didn't faced any such limitation issues at all. I guess, the limitation would have been due to some other reasons and you can upload the required documents asked by Paypal to uplift your limitations once again. the reason they give is quite strange- they say that i didnt logged into the account for 180 days so they limited but i just didnt logged in for a week! paypal often gives unsatisfactory and faulty reasons to limit account Link to comment Share on other sites More sharing options...
yogeshwartyagi Posted September 14, 2011 Share Posted September 14, 2011 @deal I think yours is an exceptional case may be your account was got limited due to some other reason and support could not really find it back. Still I feel you should again contact support to put your case and ask them to remove the restrictions. Hope you get a soluton friends. Link to comment Share on other sites More sharing options...
deal3049 Posted September 15, 2011 Share Posted September 15, 2011 @deal I think yours is an exceptional case may be your account was got limited due to some other reason and support could not really find it back. Still I feel you should again contact support to put your case and ask them to remove the restrictions. Hope you get a soluton friends. yeah, i tried to contact paypal to restore my account but they said that the case cannot be moved further by uploading id proof and other details it is ridiculous! providing details just for the sake of not logging in for 1 week! Link to comment Share on other sites More sharing options...
yogeshwartyagi Posted September 15, 2011 Share Posted September 15, 2011 Today i was surprised to see the email from paypal with header "Your PayPal balance was auto withdrawn", and so i logged in to my paypal account and found that my balance was nil and the 13.12$ account balance was withdrawn to my bank account automatically. Look that they have some policy that if someone do not withdraw in certain days they are automatically transferring to his bank account. Hope i do not get any other problem. Link to comment Share on other sites More sharing options...
adnan007 Posted September 15, 2011 Share Posted September 15, 2011 @adnan you are lucky my friend that you are able to verify your account using VCC and is able to send receive thru it. But unfortunately there is not much use left for indians and we can just receive money to our paypal and withdraw to other bank and nothing else we can do even cannot send a small amount to others from our paypal balance. I verified my accounts years back through VCC. I had been using Paypal since 2003 which means it about 8 years since I hold my Paypal account but yes Paypal says that they are following the RBI guidelines which is just annoying. Indian Government and RBI should take appropriate steps to the usage of such payment processors... Link to comment Share on other sites More sharing options...
wasi90lkv1 Posted September 15, 2011 Share Posted September 15, 2011 paypal is the best payment processor for me. it is a big company and it has a great reputation as a payment processor. although a few people complain about paypal, i have never had problem with paypal. i am using paypal since 2008. Link to comment Share on other sites More sharing options...
adnan007 Posted September 16, 2011 Share Posted September 16, 2011 paypal is the best payment processor for me. it is a big company and it has a great reputation as a payment processor. although a few people complain about paypal, i have never had problem with paypal. i am using paypal since 2008. Paypal is surely the best payment processor online but the only disadvantage a few people have while using it is that it provides their services to only few countries. They much think about offering their services across all major countries as Paypal are used by most of the merchant for payment on their site. Link to comment Share on other sites More sharing options...
yogeshwartyagi Posted September 16, 2011 Share Posted September 16, 2011 Your PayPal balance was auto withdrawn Dear ......... Your PayPal balance was automatically transferred to your Bank of Baroda in India, x-9704 on Sep 15, 2011. Your balance is automatically withdrawn daily. Yours sincerely, PayPal Above was the email i got informing me that my balance is sent to my bank automatically, it is important to mention here that i never asked them to send it to my bank nor i clicked withdrawal. But fortunately it was for good when i calculated i got paid good rates and paypal did not deducted their 1$ withdrawal charges. Lol! next time i would wait for auto withdrawal instead of withdrawing and being charged withdrawal fee. Link to comment Share on other sites More sharing options...
adnan007 Posted September 17, 2011 Share Posted September 17, 2011 Above was the email i got informing me that my balance is sent to my bank automatically, it is important to mention here that i never asked them to send it to my bank nor i clicked withdrawal. But fortunately it was for good when i calculated i got paid good rates and paypal did not deducted their 1$ withdrawal charges. Lol! next time i would wait for auto withdrawal instead of withdrawing and being charged withdrawal fee. You might have not withdrawn your payment for 7 days as their TOS as per RBI guide line clearly says that we should withdraw our funds within 7 days of receiving the payment. However, I though they would reverse the payment in case we do not withdraw our funds but its good to know that they will automatically send payment to bank account rather then reversing the payment... Link to comment Share on other sites More sharing options...
deal3049 Posted September 17, 2011 Share Posted September 17, 2011 i think paypal should also add a feature- we can add funds from indian banks there are many who want to open online business but they dont have enough funds in E-payment processors this will be a very good feature Link to comment Share on other sites More sharing options...
riddick09 Posted September 17, 2011 Share Posted September 17, 2011 What i have a problem with paypal is that i cannot really make some fast withdrawal of funds. Since the withdrawal to local banks have big fees. So it is better to gather first the funds. But i want paypal and the local banks consider that high fees they have. Link to comment Share on other sites More sharing options...
adnan007 Posted September 17, 2011 Share Posted September 17, 2011 i think paypal should also add a feature- we can add funds from indian banks there are many who want to open online business but they dont have enough funds in E-payment processors this will be a very good feature Well, I don't think such features are going to be implemented by Paypal in the future as they have already started restrict Indian's from sending funds to other accounts and several other restrictions are implemented by them too. I believe that RBI should make some appropriate rules for the sending/receiving funds in India as Paypal follow the guide lines set by the RBI... Link to comment Share on other sites More sharing options...
riddick09 Posted September 18, 2011 Share Posted September 18, 2011 I wonder why paypal always getting problem in the PTC industry. Although, paypal are getting money from it and will use their services most often. So thinking why they dont like PTC sites are curious thing. Incrasebux holds their paypal funds. Link to comment Share on other sites More sharing options...
adnan007 Posted September 18, 2011 Share Posted September 18, 2011 I wonder why paypal always getting problem in the PTC industry. Although, paypal are getting money from it and will use their services most often. So thinking why they dont like PTC sites are curious thing. Incrasebux holds their paypal funds. Paypal's TOS quite clearly states that they do not allow the usage of paypal on any such sites which is involved in any ponzi scheme or adult related business. As per their TOS, PTC comes under a ponzi scheme so are HYIP's and any such sites. That's the only reason why paypal can't allow ptc's to use Paypal on their site. Link to comment Share on other sites More sharing options...
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