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

Discussion in 'PayPal' started by Wisden Writers, Jan 28, 2011.

  1. anilkamble

    anilkamble Peon

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    #1481
    now it is irritating how to go further process. oh god.
     
    anilkamble, Mar 26, 2011 IP
  2. wassi

    wassi Peon

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    #1482
    I was very much planned for business through paypal, but recent news came as tsunami on my plans. And as usual if general people earn enough money in any way with all clearances like vat taxes etc, then who will care for governing bodies, politicians and their commands? so, these illiterate politicians(governing india) will never let indian people to come up. that means india never develops, or else develop only on their ways. I think its time to repeat QUIT INDIA movement and this time not foreigners but indians themselves. hehe ;-))
     
    wassi, Mar 29, 2011 IP
  3. anilkamble

    anilkamble Peon

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    #1483
    Yes you are right i am with u my friend it' time to QUIT INDIA MOVEMENT.
     
    anilkamble, Mar 29, 2011 IP
  4. manojcricfan

    manojcricfan Peon

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    #1484
    Paypal and RBI Dont seem to go easy with each other.
     
    manojcricfan, Mar 29, 2011 IP
  5. powerboss

    powerboss Active Member

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    #1485
    There is no "Paypal intimation page" once we login, which was there from March 1st.

    Seems a good news, hope the rules won't be implemented as they removed that page.
     
    powerboss, Mar 29, 2011 IP
  6. ifreakz

    ifreakz Well-Known Member

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    #1486
    made masspay of $2k. all works good.
     
    ifreakz, Mar 29, 2011 IP
  7. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #1487
    Just got another notification of "Policy Updates". Maybe they are in the process..

    DON.
     
    deluxdon, Mar 29, 2011 IP
  8. boomer_mitra

    boomer_mitra Active Member

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    #1488
    Its 30th. maybe from next month, the rules will be implemented
     
    boomer_mitra, Mar 29, 2011 IP
  9. lmjkbmac

    lmjkbmac Well-Known Member

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    #1489
    i think new rules will be implemented from april 1st. Since in India we have new financial year begin from april to march. what you think?
     
    lmjkbmac, Mar 30, 2011 IP
  10. harrisunderwork

    harrisunderwork Well-Known Member

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    #1490
    I guess rules will not be implemented for 1 more year like the previous year :p
     
    harrisunderwork, Mar 30, 2011 IP
  11. karthimx

    karthimx Prominent Member

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    #1491
    May be again April fool :)
     
    karthimx, Mar 30, 2011 IP
  12. HumanVirus

    HumanVirus Active Member

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    #1492
    This is what i got in one of my paypal account which I don't use:-

    Dear !@#@$#%#,

    We are updating our systems to comply with the requirements set out in the notification of the Reserve Bank of India (“RBI Guidelines”) that apply to all online payment gateways. Hence, we require all PayPal users in India to add a valid bank account in India to their PayPal account in order to continue to receive export-related payments and withdraw their money.

    Currently, our systems indicate that your PayPal account has not yet been linked to a bank account in India. Please add a valid bank account now.

    To add a bank account in India:

    1. Log into your PayPal account at www.paypal.com/in

    2. Click on Profile and select “Add/Edit Bank Account” and follow the instructions.

    In case you have any queries, please log into your PayPal account and click on 'Contact Us' at the bottom of the page.

    In addition, please make sure that all current and future PayPal balances are withdrawn to this linked bank account in India.

    We regret any inconvenience caused to you and seek your understanding as we continue to employ our best efforts to comply with the RBI Guidelines in a timely manner.

    Sincerely,

    PayPal
     
    HumanVirus, Mar 31, 2011 IP
  13. Refresher

    Refresher Notable Member

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    #1493
    What's the problem in adding a bank account, especially when you're an Indian? Seems like a stupid rule to me.. I mean, in general ,Indian user won't add his Swiss Bank A/c , will he? :p ( I do mean, in general )
     
    Refresher, Mar 31, 2011 IP
  14. harrisunderwork

    harrisunderwork Well-Known Member

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    #1494
    There should be like button in every post of DP lol :D
     
    harrisunderwork, Mar 31, 2011 IP
  15. HumanVirus

    HumanVirus Active Member

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    #1495
    You can always use add to users reputation function.
     
    HumanVirus, Mar 31, 2011 IP
  16. chandan123

    chandan123 Prominent Member

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    #1496
    are you from nehru family to add swiss account :p :D
     
    chandan123, Mar 31, 2011 IP
  17. soniagupta188

    soniagupta188 Peon

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    #1497
    Yeah same with me I am getting alerts but I can receive and send money,,, but some people are complaining me that they are unable to send money on my paypal.
    What is condition now?
     
    soniagupta188, Apr 1, 2011 IP
  18. HumanVirus

    HumanVirus Active Member

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    #1498
    It is working fine as of now but I have a feeling that changes are round the corner....
     
    HumanVirus, Apr 1, 2011 IP
  19. blm2007

    blm2007 Well-Known Member

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    #1499
    I also think the changes will be made soon, may be in a day or two, today I was trying to access the Paypal site many times and every now and then but it's loading quite slower than usual,seems the server is very busy, which gives another indication that the back end work is going on and the bombshell is not far away, could hit us anytime
     
    blm2007, Apr 1, 2011 IP
  20. Nick_Mayhem

    Nick_Mayhem Notable Member

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    #1500
    I just made some payments from paypal balance.

    All went smooth. Lets hope there isn't any issues afterwards.
     
    Nick_Mayhem, Apr 1, 2011 IP