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

https://www.atmcash.com/demo.htm

seems like an alternative.They Support India...Is anybody using it ???

 

Is ATMCash a good alternative ????

 

Haven't heard of them

But I'm scared to try out a new network!

 

Yes that's best option for us rather then doing business and find reversal next day. We also know if we do and PyaPal Reverse money again we ask buyer and Buyer will surly angry on us and it may not good for our business!

 

there are many networks like moneybookers or something which can be used too

 

Read site carefully. To Signup,

 

Yeah i'ts useful but everyone know that clients need some reliable source and they don't pay like this

Mine client is too busy even he can't open PayPal

 

Guys, Pls Wait & Take Decisions.

Many fly-by-night Payment processing companies would like to take hold of the PayPal Crisis & make quick bucks.

So better stay away from Online Payment Processing websites for some time,

Since the Matter seems to be have some RBI Policy change in background for disallowing Personal Payments.,especially after the recent Mumbai attacks

Hence If you are Indian, the policy will affect all Online Payment Processors .
It may be Paypal or other websites which facilitate Personal Payments

 

don't got for ATM cash....Indian Bank ATM might simply debit ur a/c without giving money when you use foreign atm cards...so if these happens u might get screw....

 

Maintain an excel sheet of those transactions which reversed and when this crisis over check whether you got your all payments back or not.

If not contact your clients immediately ... I am doing this

 

Yup and it also good for every Indian account holder to relax rather then coming with unpractical ideas! If our funds are in PayPal then no legal regulators can't do anything since it's Virtaul money!

 

Another interesting post from another blog
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Seems like something like this happened last year also. Moreover the amount withdrawn to the bank account haven’t been credited yet though it says completed within paypal interface. As the money has been returned to original senders most of them are having a negative balance in their paypal account. I read somewhere that this has happened because RBI asked for some documents but Paypal didn’t furnished them and as such all the transactions from Paypal to Indian Bank has been reversed. That do explain the delay in withdrawing the money from paypal to bank accounts(which people are reporting that they are facing this from 26th Jan onwards) but doesn’t explain why the money is being returned to original senders and that too without any kind of intimation at all.
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How is Payoneer for freelancers. For credit cards acceptance on your site, check this http://www.techbizpeople.com/blog/2...ilable-service-providers-in-india-and-abroad/

Use Indian Payment Gateway. For Freelancers get all transaction through freelancing sites and withdrawl through other methods.

I am loosing my hard earned money too like you friends

 

I tried to trasfer some money via Xoom to one of my clients and it was cancelled in 10mins. It was Feb 2.

 

All online payments effected

read this:

http://www.rbi.org.in/scripts/BS_CircularIndexDisplay.aspx?Id=5489

 

it doesnt mention anything abt delay it says added more features

 

We must thank all dp'ers(clients) who are really helping us in this worst situation and they're co-operating with us up to the mark. Dp really rocks.

 

NEFT is for Indian Bank Transfers only. In this case(paypal) the payment should be of a Foriegn Inward Remittance(that should be the term)..

Also those changes in that document will be applicable only After March 1, 2010.. That shouldn't have affected anything for transactions from Jan 27th in anyway..