1. Advertising
    y u no do it?

    Advertising (learn more)

    Advertise virtually anything here, with CPM banner ads, CPM email ads and CPC contextual links. You can target relevant areas of the site and show ads based on geographical location of the user if you wish.

    Starts at just $1 per CPM or $0.10 per CPC.

Important Update from Paypal for PayPal India Users : Change in User Agreement

Discussion in 'PayPal' started by Wisden Writers, Jan 28, 2011.

  1. navjotjsingh

    navjotjsingh Peon

    Messages:
    640
    Likes Received:
    14
    Best Answers:
    0
    Trophy Points:
    0
    #301
    Well just want to confirm, can I use addon credit card now for making purchases just like a usual one? Coz..it will take time before I apply for mine.
    SEMrush
     
    navjotjsingh, Jan 29, 2011 IP
    SEMrush
  2. IamJAX

    IamJAX Member

    Messages:
    17
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    38
    #302
    Guess eveyone is not like you. There are many who is good enough to receives more than $500 :)
    As for making purchases, I will have to convert $ to Rs and then back to $. I will be loosing around 10% in this unnecessary conversions.($ to Rs = Rs2/$. Similar for Rs to $. So its around Rs4/$ is ABOUT 10% at current exchange rates).
     
    IamJAX, Jan 29, 2011 IP
  3. IamJAX

    IamJAX Member

    Messages:
    17
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    38
    #303
    Get an account with atleast Rs 25000 minimum balance with banks like HDFC or ICICI and u will get a credit card in about 2 weeks time.
     
    IamJAX, Jan 29, 2011 IP
  4. nihangshah

    nihangshah Prominent Member

    Messages:
    5,537
    Likes Received:
    271
    Best Answers:
    3
    Trophy Points:
    395
    #304
    What will happen to our existing balance if we don't withdraw to our bank account?
     
    nihangshah, Jan 29, 2011 IP
  5. thatsfine

    thatsfine Notable Member

    Messages:
    1,468
    Likes Received:
    29
    Best Answers:
    0
    Trophy Points:
    250
    #305
    We are suffering in the fight of paypal and rbi. We are doing discussion here and the discussion here. Nor rbi listens us nor paypal. Main thing is this, that most of the buyers use paypal not other payment gateways. Paypal is the biggest payment gateway and we cannot stop using it. We get less business if we use other gateways. Right now we need someone to raise our voice in parliament. Not only 1 or 2 parliament members should do that. Many should do so that we can get some relaxation. They should say that the companies which are working in the IT field and are dealing with people worldwide should be free from FEMA or something like that should happen. We should now to a solution so that we dont face these problems anymore which we have to face regularly. Whenever something like this happen we have to bear the loss. We have to pay for server, domains, plugins, script, licenses etc.

    Like me there are number of people who dont want to use a credit card. What should we do then? and if we use a debit card then the cost is too much... The currency conversion charges are going to kill us.

    Most problem happen to people who are doing this for their living...

    If I sold a site for $10k shall i say my client to send 20 payments each of $500 ? is that sounds practical?

    There are many things like this. People live at different places. We cannot meet nor we can do those "HADTALS".

    I think that the best would be to contact the parliament members and convince them. Tell them our problems and if 50 parliament members raise our voices in parliament then I am sure that we will get to a solution.

    WE SHOULD GET TO A SOLUTION.

    Thanks and Regards
     
    thatsfine, Jan 29, 2011 IP
  6. shinan

    shinan Well-Known Member

    Messages:
    1,827
    Likes Received:
    38
    Best Answers:
    0
    Trophy Points:
    108
    #306
    Funny. No such thing said on Paypal policies page. (The official website)
     
    shinan, Jan 29, 2011 IP
  7. shabbirbhimani

    shabbirbhimani Well-Known Member

    Messages:
    1,063
    Likes Received:
    14
    Best Answers:
    0
    Trophy Points:
    140
    #307
    I have talked over Phone with PayPal and I have tried to answer where the impact of this policy will be on my blog here. If you have more questions you can shoot me your queries and I will be more than happy to answer to the extent I can and ask PayPal when I call them.
     
    Last edited: Jan 29, 2011
    shabbirbhimani, Jan 29, 2011 IP
  8. coolnikin

    coolnikin Well-Known Member

    Messages:
    384
    Likes Received:
    11
    Best Answers:
    0
    Trophy Points:
    125
    #308
    keep some 100-200crores ready , for them to even raise up this issue lol

    parliament members are jokers , nothing more
     
    coolnikin, Jan 29, 2011 IP
  9. nihangshah

    nihangshah Prominent Member

    Messages:
    5,537
    Likes Received:
    271
    Best Answers:
    3
    Trophy Points:
    395
    #309
    nihangshah, Jan 29, 2011 IP
  10. ahmadlucky

    ahmadlucky Active Member

    Messages:
    594
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    53
    #310
    friends,,, so we will have to withdraw funds only to indian bank or may we withdraw to US bank account (Payoneer Virtual Bank Account) too?
     
    ahmadlucky, Jan 29, 2011 IP
  11. chandan123

    chandan123 Prominent Member

    Messages:
    11,591
    Likes Received:
    577
    Best Answers:
    0
    Trophy Points:
    360
    #311
    nah if you tell to one joker in that parliament with paypal takes 3% of fee around 100 crores they will look that matter
     
    chandan123, Jan 29, 2011 IP
  12. mahan_eesh

    mahan_eesh Active Member

    Messages:
    46
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    65
    #312
    Guys here is the solution i came up with finally. one of my online friend suggested me to go for..
    As far as taking payments i will use paypal. But for online payments i will open a ICICI "B2" they will give u virtual credit card..add money to it from ur icici acc...link it with PP and send money from it.. :) more information can be found with this the link here : http://www.b2.icicibank.com/?utm_source=icici_homepage&utm_medium=login&utm_campaign=b2
     
    mahan_eesh, Jan 29, 2011 IP
  13. shinan

    shinan Well-Known Member

    Messages:
    1,827
    Likes Received:
    38
    Best Answers:
    0
    Trophy Points:
    108
    #313
    shinan, Jan 29, 2011 IP
  14. mikstroa

    mikstroa Active Member

    Messages:
    110
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    71
    #314
    I have one doubt

    If i receive payment from client1, $5 on 1st
    receiving payment $10 from client2 on 2nd
    receiving payment $13 from client3 on 3rd

    I suppose to withdraw $5 received from client1 on 7th
    second client payment on 8th
    third client payment on 9th.

    If i withdraw such a small amount on daily i suppose to lose Rs.50 daily.

    Shall i withdraw at the end of week the after receiving all the total payment from all the client ???


    Please explain what will happen in this case.

    Thanks
     
    mikstroa, Jan 29, 2011 IP
  15. srv13

    srv13 Active Member

    Messages:
    146
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    51
    #315
    https://www.paypal-apac.com/india/

    this is the paypal asia pacific site, if you dont trust send this link to paypal support or the easy way is wait till march 1
     
    srv13, Jan 29, 2011 IP
  16. chandan123

    chandan123 Prominent Member

    Messages:
    11,591
    Likes Received:
    577
    Best Answers:
    0
    Trophy Points:
    360
    #316
    its just a way to steal money from you by paypal and the rbi
     
    chandan123, Jan 29, 2011 IP
  17. shinan

    shinan Well-Known Member

    Messages:
    1,827
    Likes Received:
    38
    Best Answers:
    0
    Trophy Points:
    108
    #317
    The message that 'supposedly' Paypal sent me, did not have a verified sender icon. Check yours guys.
     
    shinan, Jan 29, 2011 IP
  18. shinan

    shinan Well-Known Member

    Messages:
    1,827
    Likes Received:
    38
    Best Answers:
    0
    Trophy Points:
    108
    #318
    Here's something very interesting.

    Screenshot 1. (The message did not have a verified sender icon)
    The actual message. (Some content were blocked)

    Now ask yourself the following.
    How come THE most popular and trusted email service does not recognize the world's number one payment gateway?
     
    shinan, Jan 29, 2011 IP
  19. nihangshah

    nihangshah Prominent Member

    Messages:
    5,537
    Likes Received:
    271
    Best Answers:
    3
    Trophy Points:
    395
    #319
    Click the 'View Online' link in your email (at the top of message).

    It will take you official Paypal site which is secured and run by Paypal (US). Check the digital certificate to verify if you want.
     
    nihangshah, Jan 29, 2011 IP
  20. olddocks

    olddocks Notable Member

    Messages:
    3,275
    Likes Received:
    165
    Best Answers:
    0
    Trophy Points:
    215
    #320
    Its true! see in www.thepaypalblog.com
     
    olddocks, Jan 29, 2011 IP