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

Just to clerity that there is no issue with RBI or NEFT system ,

I m doing daily 3rd Party Transfer with NEFT , and it get completed all time after 24hrs of Payment,

i did such transcation on 25th ,28th, 30th 2nd feb,

All got completed .

( I m taking about bank to bank transfer with 3rd party (NEFT) system)



Thanks
OldGOld

 

What about this ?

"At present, the un-credited NEFT transactions are returned by destination banks and it is presumed that credit for all other transactions have been afforded to beneficiary accounts."

 

Well Even me got the same problem....I have withdrawn on jan 28th and Still I cannot see my funds in the Bank account...I am very much worried and The pp still doesnt resolve my problem

 

Anyone noticed one line:

NEFT has no amount restrictions and accepts cash up to Rs. 50,000 for originating transactions.

I guess we will surly now face Transactions Amount Limit in PayPal on Single Withdrawal from March 1,2010. I guess RBI may suspend all NEFT features because of New policy which they released yesterday.

 

i dont think that means what u think it means lol.. its more like how it functions i suppose

 

Yes for us we have not regulation since we are Indians, but PayPal have to cope with Foreign Policy and RBI may ask some documents. RBI also change policy yesterday on NEFT which also may be concern points!

 

well even for me ...a client has paid me on feb 5th and this transaction has not been under personal and paypal has charged their fees...And yesterday it got reversed even though the client has provided the shipping address tooo...and again my client has paid it to me today...Hope it doesnt get reversed any more...

 

Hello
Your payment of 100 has been sent back to the sender of the payment.

We reversed this payment because we have stopped allowing personal payments to be sent to or from India.

If this was a payment for a purchase of goods or services, and not a personal payment, then you may contact the buyer and have him or her resend the payment as follows: (a) click the Send Money tab, (b) select "Goods," and (c) provide a shipping address.

If this payment was a personal payment such as a gift, then we have requested that the sender find another payment method until we restore personal payments to and from India.

We are trying to resolve this issue as quickly as possible and we're sorry for any inconvenience.

Thank you,

Note:
I got above message from paypal, 1-FEB-2010 onwards payment are get refunded before payments are still in my account.
Hope it helps all.

 

My 3 payments got reversed.. Ohh mann whats this?? I don't know what they are uptO???

 

this seems to be the highest followed topic rite now

 

Still no luck guys.

 

hmm finally that's the limit. I asked my client to resend the amount that was reversed. He sent me again as "masspay" and it was all ok since last night (1 AM IST). Now, those money eating paypal reversed that too and left me in -$49.89. DAMN!!!

 

Guys are transcations still bieng reversed if yea mention the time too

im collecting information from sources now see http://chatforum.in/paypal-india-creating-problems-for-its-users.html

 

surely.. this thread has got over 800+ replies in last 24 hrs..

Paypal tried to earn their commission by stopping personal payments, but earned nothing more than a negative reputation..

 

Simply avoid money transfer right now, inform Clients to pay money one week letter as PayPal working like blind system at the moment!

 

Yeah I already did that Pay after one week

 

Just for off-topic, here comes the list of top 10 posters in this thread till now..

 

lol we are frustated indians angry with Paypal