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

i have already lost around $80?someone says that last year the same problem they faced but is paypal refund the laost amount for transaction?

 

Yeah that sucks don't know why no big giant enter in to it in full swing. In open market still this paypal act as a monopoly.

 

of course, they will pay us.

Check google for last years problems in paypal India. They have stopped withdraws last year but again they have started and paid.

 

i think that time they transferred to bank account

 

Ans to Q1 - At the moment is NO..

They just reversed the bank transfer.. and for my $700 withdrawal, they only credited back $646, pocketing a cool $54..

Ans to Q2, If it eases their payment process, and it is safe, I'm sure clients won't have a problem.

 

you can use coupon code, i got 100% discount on the transaction fee.

 

The reason why we all started using Paypal is that everyone in the USA uses it and its easy for them to pay thru Paypal. Even in the US , you have only two major e-payment methods - credit cards or Paypal.

The main problem is that there is no reliable alternative, which is why we all use Paypal. Its not like mobile service providers in India, where you have 20 to choose from and all offer competive services.

 

Absolutely unfair business practice by Paypal. A lot of things are being done in user accounts without any information/intimation to the account holders.

1. My Withdrawal from paypal for $1000 (44000) got reversed today.
2. I got only 910 dollars ($90 dollars loss due to conersion).
3. Stangely when you try to convert $910 to INR today in Paypal (From Withdraw to bank, currency converter) it is around 41000 only.

i.e. When today paypal reversed Rs.44000 to USD, it added $910 to my account and on same day, if I withdraw the 910$, I will get only Rs.41000

I have another 2 withdrawals of $1000 pending, which I think will get reversed and alomost 10K loss plus no funds to use and the worst part, No communication or intimation by Paypal while they are doing all this.

I have decided to stop Paypal for all my future transactions and will go with an Indian Payment gateway for online credit card payments. (looking at ccavenue and transecute...)

 

Since when did ICICI bank start providing customer care in webmaster forums.

Good work anyways but do you have any idea of what is going on with paypal India and if it is an RBI problem or something else.

Anyways never knew that banks also check threads in webmaster forums and that too an international one to solve customer's problems.

 

This is not fair .,
Lost 93 USD 10 days. this is insane.

 

..that Paypal hasnt come out and give any official notice or information as to whats happening. Even big companies goof up sometimes, but they would come up front about it- unless they have something to hide, which is what Paypal seems to be doing.

 

WTF, I lost $35...478 to 443!!!

You lost $185!!!! i.e almost 8500 INR To hell with PP

 

Any xoom coupon code.

"webxoomremit" not working now. Well share your coupon code let dry our paypal balance

 

They are calculating at INR 48.20 per USD currency rates for bank reversal !! Today's rates are at $46.64

What's going on ?

 

Bro,i lost 494$ in total. This is the worst situation i have never ever faced till now

 

Why dont you understand?

They have given you that money back which you will get after conversion (in bank)?


There is no loss. $ price is changed.

 

IBN live has put this news on its site homepage

http://ibnlive.in.com/

 

Payment Back to Paypal Account..with Charge of 223$?

Wdf is this now.However in INR its same.

They should provide us interest for keeping the money for so long time

 

lol they put such a old news ..

 

I lost some too 475 to $440.67

see this..

=====================================================
28-Jan-2010 Transfer To Bank Account Reversed Details -Rs.21,308.35 INR

Related Transactions
Date Type Status Details Amount
28-Jan-2010 Currency Conversion Completed Details -$475.00 USD
28-Jan-2010 Currency Conversion Completed Details Rs.21,308.35 INR
09-Feb-2010 Cancelled Transfer Completed Details Rs.21,308.35 INR
09-Feb-2010 Currency Conversion Completed Details -Rs.21,308.35 INR
09-Feb-2010 Currency Conversion Completed ... $440.67 USD
=====================================================