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

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

  1. infogle

    infogle Prominent Member

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    #61
    This government is making life hell for common man in India... Now with the changes in paypal its literally of no-use. Real Hell...! We are helpless... helpless...

    First it was the payoneer card that was blocked in India - and Now its Paypal.

    "Lagta hai... 2012 ho ke hi rahega...!"
    SEMrush
     
    infogle, Jan 28, 2011 IP
    SEMrush
  2. ashras99

    ashras99 Peon

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    #62
    $500 is normal.. that's not high net payment. This must be atleast $1000.

    Problem with small freelancers are then get few dollars in a week and they need to withdraw and pay the expenses.

    RBI not thinking number of transactions will be increased so much and possible for their system to crash or not possible to handle.
     
    ashras99, Jan 28, 2011 IP
  3. junkamaniac

    junkamaniac Active Member

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    #63
    Where is the so called freedom? Where is the democracy? No doubt we are 'still slaves of BABUISM'... Mr. Old Man, Is India shining???
     
    junkamaniac, Jan 28, 2011 IP
  4. bloodmage478

    bloodmage478 Member

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    #64
    Will they allow to send money to other accounts from paypal balance if we link a credit card ?

    This is going to effect every Indian who use Paypal even the one who made the RBI Guidelines .:mad:
     
    bloodmage478, Jan 28, 2011 IP
  5. anandfrank

    anandfrank Peon

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    #65
    Does this mean that we can accept paypal payments from outside India but will be unable to send or receive payments inside India?
     
    anandfrank, Jan 28, 2011 IP
  6. humm

    humm बहादुर बच्चा

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    #66
    In all of this sounds to be like Scam Policy especially adopted for scammers!

    Imagine - Send a advance payment to someone for a work, he within 7 days transfers it to his bank. Now later you come towards cancellation of the contract or chargeback for fraud. You will never receive the money because its gone into the Bank account and creditcard attached to the seller paypal account will never compensate for the losses!

    ---------

    Sounds like a nightmare stored in future for us!
     
    humm, Jan 28, 2011 IP
  7. infogle

    infogle Prominent Member

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    #67
    I dont think - paypal balance is not to be used in sending payments... to send payment as said - you have to link your credit card and then credit card will be used to send payment through paypal...

    Grrr!!! we have to do something this cant be true... if we have to live!
     
    infogle, Jan 28, 2011 IP
  8. karthimx

    karthimx Prominent Member

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    #68
    Yes that is their first condition and we also need to withdrawal the amount to our bank in 7 days.
     
    karthimx, Jan 28, 2011 IP
  9. olddocks

    olddocks Notable Member

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    #69
    good question hmm ! chargebacks are a worry and you are thinking ahead. that can be solved if you raise your credit card limit.

    i was talking my CA few months ago and he was telling me that to avoid sending payments from paypal balance for tax reasons and he insisted only to use credit card to pay online or foreign services.What he said has now become a reality!
     
    olddocks, Jan 28, 2011 IP
  10. aakashshah123

    aakashshah123 Well-Known Member

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    #70
    Hello All Friends from India and Across the Globe,

    I think this forum by now is flooded with the current Paypal Notice Received to all the Indian Paypal Users at 12:00 today.
    All Are Crying about how Ugly this move is and what are the after effects of the same. But Remember There may be just 0.0005% ( I dont knw whether that too is very very high number from my end) of the Indians who will be facing this Problem since that may be the amount of us who are doing online business whether Internet Services or selling/ Buying through eBay.
    So What Can We Do - After all its an Indian RBI Regulations??

    I guess Atleast 50-60% of the Internet Marketing is happening through Indian Freelancers and SEO Organizations.
    We have the power of Internet in our Hands.
    So what are you all waiting for. Gather All Your Contacts in Internet Marketing.
    Blast this story and its after effects to all the Press Release Sites / Blogs / Article Directories / Facebook / twitter any damn media you use to bring your client websites to top.
    Make this the most trending topic on the net. Make Media Houses collect this story for their news.

    I may be over reacting and probably no one would take their time to put these efforts but if you can recognize the power you have, I think you people can make a difference.

    Have a thought about it.
    Good night.
     
    aakashshah123, Jan 28, 2011 IP
  11. emmaponting16

    emmaponting16 Peon

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    #71
    I have no word to say about, "Kamini Sarkar"
     
    emmaponting16, Jan 28, 2011 IP
  12. articleshop4all

    articleshop4all Member

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    #72
    I think we all made a mistake as we all born in India. I love and respect my country but what is this?? RBI and Planning Commission become crazy.
     
    articleshop4all, Jan 28, 2011 IP
  13. simplyjo

    simplyjo Well-Known Member

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    #73
    Don't know what they are up to... but it sure is BAD NEWS !

     
    simplyjo, Jan 28, 2011 IP
  14. developerpanda

    developerpanda Peon

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    #74
    Just today I was feeling bad for Egypt.
     
    developerpanda, Jan 28, 2011 IP
  15. IamGDS

    IamGDS Member

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    #75
    hey,
    that is really sad,i did'nt recieve any email still but saw the news
    Paypal issues a new notice to Indian Customers
    Just wanted to know whether it woyuld affect my freelancing graphic design work.
    pls anyone help.
    thanks
     
    IamGDS, Jan 28, 2011 IP
  16. bloodmage478

    bloodmage478 Member

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    #76
    Indian policies are well beyond Stupidity .
     
    bloodmage478, Jan 28, 2011 IP
  17. karthimx

    karthimx Prominent Member

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    #77
    We are facing new problem every Year Feb. Last year they cut gift option and now they remove goods and service option for Indian users. I wonder Paypal will stop processing for India.
     
    karthimx, Jan 28, 2011 IP
  18. aakashshah123

    aakashshah123 Well-Known Member

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    #78
    aakashshah123, Jan 28, 2011 IP
  19. emmaponting16

    emmaponting16 Peon

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    #79
    i am leaving this Internet Marketing work, no way to get credit card easily these day, " Pagal hoo gai hai Bharat ki Sarkar"
    Good surprise after Independence day for Indian
     
    emmaponting16, Jan 28, 2011 IP
  20. neoloves?

    neoloves? Active Member

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    #80
    Very realistically it'll affect your payout by 50 bucks only if you aren't making the minimum transfer amount within 7 days. In this case you would simply have to transfer whatever you have in your account, and pay Rs. 50 because you didn't meet the minimum transfer requisite.

    You'll get a mail, sooner or later. Everyone will :)

    This won't effect your work. You can happily charge each person you work with $ 500 each day if that's how much you work, and transfer in a weeks time.

    I really don't think this is a bad move.
     
    neoloves?, Jan 28, 2011 IP