PayPal temporarily suspends electronic withdrawal in India, only cheque/check

yep, i too saw it. If any body willing to do one site like pay pal, we can combine a team and form a money transfer site like pay pal it will be use for our country. Like "China against Google", if we made one money transfer site like that this situation occurs "India against pay pal".

 

its really tough for us to form such a thing needs a lot of investment

 

yep, I know for a website like pay pal we need to get authorization from several people and Indian government, we need to apply for patent for our site first. we need to get acceptance for customer compliance. lots of things are there but if we take effort and unity we can do it.

 

will they stop money trasfering to US accounts?

 

Hi friend,
I too Withdrawal initiated yesterday 28th July (paypal shows 27th July) but still in pending usually with in 12 hours it shows "Completed" but now still pending...

Hi all,
Sure we need to make a unit so that we live with peaceful......

IF the New paypal like site maintain by Indian means sure our politician wouldn't give more pressure....

My idea:

We will use our own place to make an office ,We will open branch in all major city..

Also we will create more than one branch in Metro city..

paypal eat our money --- but we can use the profit to maintain our branches..

First We create a Website.

Then we need to add Members.

For Example if we add 10000 people then we collect 1000RS for each to make an association (1,00,00,000)we will register our association/company then we will apply for online money Transfer permit..(We will collect the deposit amount to create this permission)

After we start this then sure we get profit....

I'm living near Tuticorin So I can manage Tuticorin office ,
The main advantage = We should create account only for real people.
For Example if any one near in Tuticorin want to create account I should verify them thoroughly so we don't worry about Fraud & miss use.....

unity is strength...

 

Yes you are right.

How can i be CEO of that group

 

We can use "Abdul Kalam " like helping people as head of Adviser ..They will help US....
also they are very Trusty people to lead & make unity very easily......

 

Abdul kalam is good option hope he will be ready

 

Guys its not easy as it looks certain funds have to be kept just as backup.. then how is fraud going to be prevented and lots more

 

Yes, I think Paypal should introduce services like FedEX for that $5 return.

 

Besides, how do you plan to obtain a licence? Think you can run an organization like that just because you want to?

 

I withdrew yesterday 28th and my status is completed. Let see how much time it takes to reach my bank A/C.

 

You are lucky my status still pending

 

Hi well
My status also completed now, Hope the fund will be trasfer to my account with in another 24 hours...

 

Yes,the funds will be available to your bank account till tomorrow.I also withdrawn my all money yesterday night and i hope my funds will be avilable to my bank account till tomorrow evening

 

remember guys who have minimum 150$ in paypal account only those can withdraw money from paypal account from today .

so its better avoid paypal untill probs not resolved

 

yes Abdul Kalam is the best bet. BTW i withdraw some $$ on 28th July at 5 PM .I just checked my paypal and its still its saying " Pending "