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$500 limit for Indian paypal users

Discussion in 'PayPal' started by karthimx, Sep 26, 2011.

  1. MaX.

    MaX. Active Member

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    #21
    yesterday i received $500 and $400 from the same sender without any problem
     
    MaX., Sep 30, 2011 IP
    merlinseo likes this.
  2. deluxdon

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

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    #22
    Thats good. But don't know what's the main reason behind this rule :confused:

    DON.
     
    deluxdon, Oct 1, 2011 IP
  3. karthimx

    karthimx Prominent Member

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    #23
    Its good that at-least split payment is working,

    the reason behind is to get more fees :)
     
    karthimx, Oct 1, 2011 IP
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  4. Domain_Directory

    Domain_Directory Active Member

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    #24
    is $500 rule implemented..any one else experienced
     
    Domain_Directory, Oct 2, 2011 IP
  5. deluxdon

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

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    #25
    Yes that rule already implemented 2-3 days ago IMO.

    DON.
     
    deluxdon, Oct 2, 2011 IP
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  6. merlinseo

    merlinseo Well-Known Member

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    #26
    Hope it continues in future without any problem to receive split payments from same sender.
    Did he send you at same time ? 500$ first and then 400$ after 5mins or after a gap of 1day, How did you get it ?

    Also did the auto - withdrawal for your 900$ happened in one go or in that too was split ?
     
    merlinseo, Oct 2, 2011 IP
  7. MaX.

    MaX. Active Member

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    #27
    no gap, got it as two payments.

    i withdrew it manually after some hours!
     
    MaX., Oct 2, 2011 IP
  8. karthimx

    karthimx Prominent Member

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    #28
    You can get them 2 split payments in 1 min :)
     
    karthimx, Oct 2, 2011 IP
  9. Domain_Directory

    Domain_Directory Active Member

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    #29
    so for every $500 4 % feee..so before for 1k its 4 % fee now is it 8 % fee as we splitting for every $500
     
    Domain_Directory, Oct 3, 2011 IP
  10. karthimx

    karthimx Prominent Member

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    #30

    no I don't think it will be 8%

    still same 4% applies.
     
    karthimx, Oct 3, 2011 IP
  11. MaX.

    MaX. Active Member

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    #31
    haha.. lol.. where did you study mathematics?

    actual paypal fee = 3.9% + $0.30 USD

    hence for $500, fee = $19.8, for 2x$500 = $39.6

    if we could have received $1000 in single payment, fee = $39.3

    so you would be loosing only $0.3 for every $500

    lol.... :D
     
    MaX., Oct 3, 2011 IP
  12. Domain_Directory

    Domain_Directory Active Member

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    #32
    heheh ok..i guess i was drunk ;)
     
    Domain_Directory, Oct 3, 2011 IP
  13. Domain_Directory

    Domain_Directory Active Member

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    #33
    if some one buys from your website a product which is more than $500...buyer cannot finish the payment ?
     
    Domain_Directory, Oct 3, 2011 IP
  14. MaX.

    MaX. Active Member

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    #34
    probably not, if you are from India.
     
    MaX., Oct 3, 2011 IP
  15. karthimx

    karthimx Prominent Member

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    #35
    Yes to Indian account, but can be possible via split payment.
     
    karthimx, Oct 3, 2011 IP
  16. Ragu_007

    Ragu_007 Well-Known Member

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    #36
    According to PayPal's new rule, it is not possible. They have to contact you and need to split the payment.
     
    Ragu_007, Oct 3, 2011 IP
  17. siteurl

    siteurl Notable Member

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    #37
    Limit lifted to 3000$ now.
     
    siteurl, Nov 7, 2011 IP