Important Update from Paypal for PayPal India Users : Change in User Agreement

Which buyer is going to give you extra money for the fees which is not their fault..

 

Can we recieve mass payments to our Paypal account after March 1?

 

I just wrote an email to them about receiving publisher and affiliate earnings, as most of them are sent as one payment. I did ask what if it is more than $500 what will happen as no company will send us payments twice as they do send payments out in bulk. Let us see what paypal replies!

as per new policies we cannot receive any amount above $500.

 

What do you mean by mass payments over here..??
Right now it is stated that you cannot receive more than $500 per transaction so I thought ok we can get payment in parts but now after reading a reply from paypal that:

I am getting confused with the stuff which is bold..
What do they mean by buyer protection??

 

Paypal Buyer protection :

If you’ve purchased your item through a PayPal-verified seller, you’re covered for your original purchase price plus shipping. This protection covers you only for nondelivery of tangible items and tangible items that are received significantly not as described — not if you are disappointed with the item.

 

This is much harder to understand than RBI policies

I am earning from file hosting so suppose I earn $1000 in one month then will I be able to receive it in 2 transactions of $500 each..???

 

I want to clarify 1 important point to those who are worried about paypal balance usage. We can make the payments from our paypal balance to clients/people outside India but we cannot inside India.
Check the RBI interview link given in this thread.

 

For receiving 1000$ from filehosting in two parts of 500$ each,you need to contatc them

 

Yes I have already contacted them and they said that yes they can send me payment in parts..
So now will I be able to receive or not..??

@ramprop11

Where is the link bro..??
I can't find it.

 

Yes you can, its not more than $500 per transaction

 

No. Payments from Paypal balance are totally disabled. You need to attach credit card and make payments only from credit card.

 

Thank God..
I really got confused after reading that bold stuff..

 

Dude in another thread you are saying to open a Microworkers account and deposit money in that but how can we do when transferring the money to expect to banks is completely disabled..

 

best you take in multiples of 499$ to be safer side

 

But, what about automated systems that disburse payments to their users?

Let's it's sending payment of $576. It will get confused between Indian PayPal accounts and US PayPal accounts. Payment to US PayPal accounts will go smoothly, but not with Indian PayPal accounts.

 

Yes correct...

 

No. Transferring money to banks is not disabled.

According to RBI-Paypal notification.

 

I know this will be a problem for many..
But as I am just using one file host and already contacted them about my issues and they will make my payments in parts if I earn more than $500 in a month..
So right now I do not have that problem..

But I am still against RBI new rules XD

 

When I told transferring to banks in disabled..??
I told "Except to banks"..
Just was a spelling mistake..

I mean that is it possible to transfer to Microworkers after 1st March..??

 

Don't think so. You can't make payments from Paypal balance anymore. Attach credit card and use it to make payments.