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

It's not a logical answer. Even though if you send money through goods or other option it will protect only for 60 Days! That's not possible. They are just rid of personal payment which sent as Gift. Today they are doing with Indian Account Holders who knows tomorrow other country will face problems!

 

you sure? I made a withdrawal request on Feb 2nd and I haven't received it

 

Yes I can almost sure and don't connect Withdrawal problems to this reversal problems. If I am not wrong on NEFT service and PayPal get clearance to transfer funds then you might got your payment by Saturday morning.

 

Mostly its some kind of government issue as flow of money from paypal in india must have increased

 

what a crap system is this ? i got status for completion on feb 2 and today i got all my transactions reversed . is this thing wrong with indians alone ?

 

Yes that can be an issue or they have some fix Cap on NEFT transfer so PayPal needs to add additional documents to increase the cap.

 

How can they do this to Indians only. They should atleast inform people before doing this. If sender is not providing shipping address whose fault is this?

 

looks like large amount of people facing this issue

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Its not really the clients/senders fault either. Remember, that are having issues with Services, not Goods, so there was no need to provide a shipping address.

 

mine was on feb 1 nothing yet in my account

 

On contacting paypal again, I got the weirdest reply I didnt even understand what they wrote. All I asked them was why are my business (not sent as personal) transactions being reversed, and here is their reply. Plsss someone help me understand what they are talking about here ? -

Dear xxxx xxxxx,

Thank you for contacting PayPal.

I understand that you are contacting us in regards to your reversed
transaction. Payment Review identifies high-risk transactions and
notifies you so that you can delay order processing until the risk has
been evaluated. We are providing this feature at no additional charge to
PayPal sellers.

If a payment we review is considered to be a high-risk transaction, we
notify you to hold the shipment.

We review the payment and either clear or reverse it. If the payment
clears, we advise you to ship the item. If the payment doesn’t clear, we
inform you and reverse the funds. The review could take up to 24 hours.


Payments that clear Payment Review are eligible for Seller Protection,
if they meet the policy requirements.

I'll be glad to hear from you if you need clarification and we will do
our best to give you immediate answers or you can also visit
www.PayPal.com/101. Thank you for choosing PayPal for your online
payment needs. We appreciate your business.

Sincerely,

 

Good news. Still waiting for 7 pending withdrawals.

 

Well wait till Saturday, I am sure tomorrow people will report on payment receive in their bank account.

 

So how should we receive a payment if we are providing online service. It should be mentioned as a goods?

 

Mine was on 28 Jan..

 

People must know one thing - Only after you withdraw money from Paypal account to your Bank,Governement policies come into effect.

Here,Paypal to Paypal transfers are reversed - Govt.of India or any Govt. cannot have a stand on virtual money.

So this should be a clear case of increasing no. of scams involving Indian accounts

 

Yes you are right and they also reverting money which sent as Mass pay option too! Hoping some announcement from them within next 24 hours.

 

I have requested money withdrawl to my bank account on 1st feb , will it be reversed?

 

I don't think so!, unless if you have negative balance.