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

Wake up India! We need a merchant processor for both Goods & Services! WTF are our banks doing???

 

ohh,damn. you are right.

 

Thats true but we are using their services on their terms.
You can shift to some other srervice provider but will your customers shift?

Paypal is very popular in teh west.

 

Paypal has invented new way of earning, they're now reversing withdrawals and crediting $$ in your account as per their currency rates, i got nearly $62 lesser then my withdrawal amount.

 

A Merchant Gateway with Verisign would be more trustworthy for everyone in the world!

 

yes,
thats the problem, my all client uses paypal.

 

We need to dump those mada facas, scam that biatch PayPal.

 

All right folks.. remembver in one of the replies posted by a friend here the Customer care executive from payapl said that our withdrawal reversals wont be affected by the forex rates.. I think it might be true.. if you see the forex rate right now.. its much higher .. PP is offering rate of Rs 45.2 or something right now while our transfers were only at 44 or 43. something some days back.. so we might be set off in such a way and might not make a loss after all..

 

yes for somebody, who'd want to withdraw money again, it won't matter if the rates went up or down, but for somebody who's business suffered and yet is to receive money and also has to pay ppl in USDs it is a no win situation

 

So now if seeing the trend of the dollar ,the rate goes up then its PayPal who would be losing money not us...We'd be getting paid more Rs for every $ they returned to us!

 

At least they can shop with their credit cards if some other payment processor can do it for us without laundering our money for nothing

You are right,
http://forums.digitalpoint.com/showthread.php?t=1673048&page=2#post13570399

 

Well man thats true.. all I want right now is to withdraw .. SO I am gonna wait for PP to get their issues resolved... While I am trying out Xoom for small withdrawals.

 

Hey guys i got the withdrawal reversed to my papal account and listen what i got lesser than what i had transferred. Got $231 out of $250. What they are doing. If we want to exchange the rate they give only 44 and now taking back $$ at higher rate than the market going on 48.25 It is very shame full act guys.

Syed

 

Will join you if you succeed....

 

$30 is my loss in reversing the transaction

 

Xoom canceled my withdrawal 1min after i requested. No reasons given!

 

can anybody tell if they got any further reversals . Are 'goods' payments safe now? And what about 'services'?

 

That sucks big time.. I don't understand why they do such things... They proceeded with my transfer and its showing status of Partner Processing for last 2 days...

 

Hi,

The whole balance my paypal(premium) account has been reversed. But in contrast money has'nt reached the sender yet. I'm not getting what is happining right now? How to back our money that we have earned from our service???There are also pending payments . How can I receive that? Any option?? will the paypal problem get resolved and get our money back??? pls help me...

Thanks

 

Guys Mine $78 .. Gone . What the hell is this ?
I transferred $1000 in mine Bank Account on 1st Feb , and now today they Reversed n gave me only $922 in mine Paypal Account. What is this ? Can any body Explain ?
And let me know is it now secure to transfer funds to Bank Account ?