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

rather like a PayFoe LOL

 

Why can't we complain against PayPal in RBI here https://secweb.rbi.org.in/BO/compltindex.htm

Here is the procedure & FAQs. http://www.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=159

Please fill up the online form as much as possible. You can also contact the people in nearest cities http://www.rbi.org.in/commonman/English/Scripts/AgainstBankABO.aspx

Don't think that Indian banking system is not good enough. We are good.

Put more complaints. the seriousness of the issue will be published automatically in all new papers then. No need to cry.

 

Well said. Personal payment is just a facility and not a right.

 

I hope it has not been posted earlier...



Source.

 

Thanks God... nothing about tax fraud or account closure as some ppl suggested

 

i just cant stop laughing although i m pissed off .. Damn It ReversePal

 

lolz rofl

 

i dont think that is related to this issue

 

receiving money into your PayPal account from friends and family without making a purchase

= Tax Free as you already paid tax on it.

A "commercial transaction" involves buying and selling goods or services = you pay tax on it

they even state If you are selling goods or services, you may not ask the buyer to send you a personal payment for the purchase. If you do so, PayPal may remove your ability to accept personal payments. the reason they state that is for tax reasons if you brake that rule your doing tax fraud.

 

well I followed some seller's requests to pay using teh "personal" option - I am worried if my account will get closed or something

 

its been 48 hrs since the reverse drama started

Still no update i feel insecure and i want to make the issue more serious

Guyz contact the Journalist respective places if out of 10 , 1 will consider it then we can make it more serious and rest They will do

What u say ???

 

Thanks for appreciating. I will update when I receive any more updates etc. For now I have stopped thinking about the problem and hoping that it gets resolved soon. Hope they dont reverse the hosting monthly payment subscriptions as I have dozens of hosting subscriptions going out automatically from my account.

Hope that it is resolved soon. No benefit losing sleep over it and hopefully will live to its reputation and rectify everything soon.

 

I think we need to relax for a bit, that's the only option as of now. If there's nothing positive from paypal till Tuesday then we can surely goto the media/press.

Being saturday/sunday coming up we can't expect results to be in our favour asap.

 

I Agree with Adda4u. We Guys must initiate some moves. Paypal is taking advantage of Indian services. They were taking very good fee with each withdrawals till the day (by giving low rates) and now no personal payments too... They really sucks.

 

Have you check now exchange Rate 45+ rs

 

I withdrew money to my bank account 2 days back. But today I recieved a message from paypal saying that it has been cancelled.

 

It looks like the amount they lost for such type of transactions where Tax arent paid for commercial ones are to be covered up by PayPal within these days by doing reversals of the payments without pre information to us and then putting some chargeback fees . ***Pal.

 

Cancelled or Delayed or Reversed ?? be Clear .

 

Fishing alert! ..

Already our withdrawal pending ,,how can we do other withdraw ?

 

Yeah

after a very long time it cross 45 and now paypal don't want to pay this

Paypal have to pay Taxes and they have less money so they doing this reversal bank withdraw and others trasaction too