Anyone else got the email alert after withdrawal (Indian Paypal Users) ??

yes only indians are victim of it!

 

Honestly, I have breathe easily after you said that...

Anyways, do you think Paypal India got hacked?

 

Invoice is created from

Request Money ---> Create Invoice

Can anybody confirm, reversing money paid using an invoice ?

 

I just got two more reversals. The biggest one for me is infolinks $11,000+ reversal. Now if they send it through regular godos payment (instead of mass payment), its going to cost me atleast $350+.

Time to shift to wire transfer (only $25 in cost).

 

Paypal office timings:

4:00 AM PST to 10:00 PM PST Monday through Friday
6:00 AM PST to 8:00 PM PST Saturday and Sunday

Whats the PST time now? I guess its: Feb. 05, 04:07:48 AM PST Pacific Time

So it means their actions were automatic system based till now and you guys can call up and discuss or talk since their offices have opened up.

If atleast 10,000 indians call/email for sure we can expect results in our favour.

1-402-935-2050
(a U.S. telephone number)


----

Let's work towards something constructive rather posting of how much we lost and see what others have lost.

 

Just got one more reversal

 

Yes. Invoiced payments are also being reversed if they fall under their personal payment option. ONly thing not reversed are the payments made by choosing the goods option and having a valid postal address in the payments.

 

Ok Jim you are also one of the victims. I used to visit your blog sometimes but you stopped updating it seems. Maybe 400 or 500 dollars wont be much beneficial to transact through wire but yes maybe it is better for you to go through wire gradually. $11000 reversal .. that seems to be the highest reversal amongst all of us.

 

if the postal address is invalid?? the postal address going to be payer address right??

 

^^^dotcompals.... Please read following posts

http://forums.digitalpoint.com/showpost.php?p=13529878&postcount=205
http://forums.digitalpoint.com/showpost.php?p=13529868&postcount=204

 

so many people from paypal madness.
so many people lost money due to this.

have anybody got any sort of comunication from paypal?

 

But are they charging you for the reversal? or your buyer?

My outsourcing team is also complaining that Paypal is charging a cancellation fee, that does not make any sense at all!

 

Karam buddy atleast your money is safe, infact all those who have refunds sent back to reputed inc's are safe because you atleast know that their support system will work it up to send your funds back.

I am really worried for our fellow Indians and friends who have payment reversals from clients or other type of sales. There is no guarantee of a 'refund' or 're-send' option from the sender.

I really hope and pray every thing gets sorted out.

 

I have not yet received the money that I initiated on 26th Jan 2010.

 

As long as your postal address exists and is not bizarre then I guess you would be ok in that area. Yes I meant the payor's address.

 

Welcome to the club.. We all are waiting for our withdrawals.

 

I've withdrawn my whole balance on 2nd Feb and on 3rd Feb the withdraw status shows 'Completed'. From the next day they started doing 'reversals' and messed my account to negative balance.

My question is:

Negative balance is few compared to withdrawn balance and more over the status says completed! so can I expect money in my bank account?? I'm afraid that paypal may reverse the withdrawal request and send it back to my PP account to cover the negative balance? I'm concerned!!

P.S: I have low funds in my card to add funds to paypal.

Also answer this:

How many days paypal will wait for negative balances to become positive? I mean I may get funds to my card in a week, so paypal waits till then??

Thanks in advance..

 

If paypal withdrawals were credited to bank accounts yesterday (as some of the forum members suggested), then why no one has received any money uptil now today. It is already 6 PM in India. I doubt that Paypal has started crediting the Bank accounts as few members here suggested.....

 

Yea its going to be bad specially if some1 sold script/ebook and the person who bought it may just no pay back

 

I just checked my paypal reversals and they are charging a reversal fee for personal payments but not for business payments it seems. There is reversal fee for only 1 of the 3 transactions reversed till now from my account. And that one was a personal payment for a direct ad while the other two were monthly ad network payments.