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

I contacted all my buyers and asked to resend payment like following.
(a) clicking the Send Money tab, (b) selecting "Goods," and (c) providing a shipping address.

Will it work?

Thanks
Blog.

 

Well they are reversing this kind of payments too as many people reported same! I advice ask your buyers to pay you letter or other payment option!

 

Yes and don't forgot exchange rate, I've seen his account at his home and he got payment at rate of Rs 44.32 while exchange rate was 46.36 something on that day!

 

Here is the answer from paypal:
https://www.thepaypalblog.com/2010/02/personal-payments-and-local-bank-transfers-in-india/#respond

 

Hi,

Yesterday I got some payment through above methods but they are reversed toooooooooo.

Do not take payments at the moment. Its better to wait.

Cheers

 

Oh shit! Then why paypal is sending this message when they reverse many payments. How we trust the paypal service
We better to choose another payment method like MoneyBookers, AlertPay or Liberty Reserve!
What do you think?

Thanks
Blog.

 

To Make This Blog Known To Many More Victims, I've started an advertisement in google adwords with keyword "paypal reversal", "paypal reversed".
Also also gave a link to this blog at chat.paypalsolutions.in as soon as we login...
Start chat and blogging with more people around the world.. Get united and do something..
I'm not spamming.. But uniting people.. I dont have any gains or i've not placed any advertisement.. but just uniting people as my money is also struck... if u still think i'm spamming.. please let me know. i shall stop that chat applet and will continue as u say...

 

Not only personal payments, services and goods payments are also being reversed.

I have lost $$$$'s from my account but i have very good and old clients and so they will send me payment as soon as the services is working fine or with another payment method.

But what about the people who write articles for $2.5 and they collected money in paypal those who worked very hard for very less amount are having much more pain cause they cannot get the money back easily.

and what about those selfish buyers who wont pay again?
Thanks and Regards

 

Hey

Its just a formality paypal is carrying out. These idiots are sending a mail that contradicts them.

We can choose another payment method like MoneyBookers, AlertPay or Liberty Reserve but not sure how well does they serves their customer.

Cheers,

 

can we eject out the money with xoom.com ?? anyone recommends it ? no matter what the fees are m going to pay rather than this shit.

 

looks like there isnt cordination between paypal india and paypal us

 

Scott Thompson, President PayPal

EMAIL: /

BUSINESS ADDRESS: Scott Thompson, President PayPal, 2211 N. First Street, San Jose, CA 95131

HOME ADDRESS: *COMING SOON*

 

As if this guy is going to reply our mails? or anyone of us gonna visit his home?

 

is it possible to with draw money from our paypal account to our bank account using xoom.com? please help me out.

 

Can you please ask your frend to upload a proof as I am waiting for 10days for my withdrawl to get credited in my bank account

 

Host Master
PayPal Inc.
2211 North First Street
San Jose CA 95131
US
+1.4083767400 Fax: -

this is paypal whois info

 

I think she is going to visit his home...

 

Under PayPal's User Agreement, you always loose! Here is a bullet summary of what you agree to when you signup to use the PayPal "service."

1. PayPal can make important changes to their user agreement that might endanger your money without your consent.

2.PayPal can limit or freeze your account anytime and for any reason. That includes denying you access to YOUR MONEY!

3.PayPal can impose limits on how much money you can send and how much money you can receive.

4.PayPal has the right to take money out of your bank account or charge your credit card anytime they want.

5.PayPal will charge extortion rate currency exchange fees... 2.5% OVER the rate that PayPal purchases foreign currency.

6.PayPal forces you to upgrade to a Premier or Business account so they can make more money with fees.

7.PayPal puts severe restrictions and limitations on Personal accounts in an effort to force its customers to upgrade.

8.PayPal holds YOU responsible for ANY charge backs made against you.

9.All user funds are pooled into FDIC insured bank accounts -- in PayPal's name. PayPal earns interest and/or other benefits from your money. The more money PayPal keeps in these accounts, the more money they make!

10.Your money with PayPal IS NOT INSURED 100%. Should PayPal go bankrupt, your money would be used to pay PayPal's creditors and debts!

11.You agree you will NOT receive any interest payments off your money while PayPal holds your money for you. PayPal gets the interest payments and other banking benefits from your money.

12.Non-compliance with the user agreement can allow PayPal to KEEP YOUR MONEY FOREVER!

13.PayPal controls how much of YOUR MONEY you are able to withdraw from your account.

14.If PayPal limits your account, you cannot close your account or withdraw any of your money.

15. PayPal can deny you access to all of your money for 180 days or more.

16.If you do not log into your PayPal account for two or more years, PayPal will give your money to the government (after earning interest and other benefits off of your money).

17.PayPal may close, suspend, limit or deny you access to your account and money at their sole discretion and WITHOUT PRIOR WARNING.

18.If PayPal sues you, or you sue PayPal, and loose, YOU MUST PAY all of PayPal's expenses and attorney fees.

19.PayPal will resolve disputes between buyers and sellers with only PAYPAL'S BEST INTERESTS IN MIND (yes, the User Agreement says that).

20.If you have a dispute with PayPal you must GO THROUGH BINDING ARBITRATION. The agreement has been modified to allow you to do this procedure over the telephone -- but costs you over $150 (not including the costs for witnesses, evidence and other fees)


Well, there you have it. These are just the highlights. This is just the tip of the iceberg as to what is really in their terms of service -- that the public must agree to in order to use their service. Again, even what is included in the service agreement does not cover what PayPal really does to their customers.