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

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

  1. sudhiros

    sudhiros Well-Known Member Premium Member

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    #941
    I have a strange question, paypal holds about 1.8K of mine in the name of minimum reserve, any guesses what will happen to that ??

    Thank you in advance !
     
    sudhiros, Feb 28, 2011 IP
  2. jacky8

    jacky8 Active Member

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    #942
    This government just has a bunch of retards working in it, especially the f0reign rulers of the country whose mission is to just mess around in every possible way. Now this is a blow to webmasters especially when the politicians have billions of dollars stacked in dozens of tax havens all over the world. Even gandhis have a lot of black money as per various recent reports but they don't want to let go a little bit via paypal. With the long route that is needed to send money now, money is going to be wasted in conversion charges which is going to increase costs of doing business, thus ruining the competitiveness which is what they want to do.

    Guys it is time to get them a defeat in the coming elections and never let them rule again. These have ruled the country for years and right from the start, they have only looted Indians, given up on parts of the country in the name of gandi philosophies (which is the cause of lots of problems today) while millions don't even have food to eat. Now they are targeting webmasters' money. Maybe they think the webmasters community is their weakest target or its possible that paypal didn't pay bribe money to the congress.

    They could have sought transaction details from paypal for all / suspected persons but they don't want Indians to compete in services sector. These retards hate native Indian religion, Indian competitiveness in services and what not. Now it is up to you whether you want your country to continue suffering in the hands of these looters.

    Good luck and those unable to use credit cards are doomed or never gonna progress online.
     
    jacky8, Feb 28, 2011 IP
  3. harrisunderwork

    harrisunderwork Well-Known Member

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    #943
    How u slept lol .
     
    harrisunderwork, Feb 28, 2011 IP
  4. theonly1

    theonly1 Active Member

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    #944
    a revolution from webmaster/small business is needed in india...Guys are you ready for it ?

    This country seems to have no place for Hard working people who try to bring Forex into India.
     
    theonly1, Feb 28, 2011 IP
  5. aap

    aap Well-Known Member

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    #945
    CC is must for all Indian PayPal users now :(
     
    aap, Feb 28, 2011 IP
  6. softech02

    softech02 Banned

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    #946
    Hi Indians,

    Are you able to use money kept in paypal for buying/selling online as paypal is the most accepted mean of sending/receiving money online?. Would you be using CC only if you want to buy hosting, domain and other stuffs?.

    cheers
     
    softech02, Feb 28, 2011 IP
  7. Anil Pandey

    Anil Pandey Active Member

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    #947
    Very funny!
     
    Anil Pandey, Feb 28, 2011 IP
  8. ifreakz

    ifreakz Well-Known Member

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    #948
    you still havnt realized the 500$ transaction limit and fee taking <7000 inr withdrawals within seven days, have you ? bank charge fee for currency conversion with cc payment.
     
    ifreakz, Feb 28, 2011 IP
  9. Anil Pandey

    Anil Pandey Active Member

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    #949
    What does it clarify? Paypal dead!
    It only means that it is slightly difficult to function, and that profit margins would go down.
     
    Anil Pandey, Feb 28, 2011 IP
  10. rajalakshmip

    rajalakshmip Well-Known Member

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    #950
    One of the worst crappy paypal system has stolen 75$ from my account and made my account to limited mode with 1200$

    I was transferring 1200$ to my account and they limited my account and reversed the money and taken 75$ for currerncy conversion.

    One of the crappy heads.
     
    rajalakshmip, Feb 28, 2011 IP
  11. sagarrai000

    sagarrai000 Peon

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    #951
    Its 12.25AM Indian timings. have anyone tried sending payment ?
     
    sagarrai000, Feb 28, 2011 IP
  12. sagarrai000

    sagarrai000 Peon

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    #952
    Hey can't we still RECEIVE payment less than $500 from foriegn clients and WITHDRAW to our Indian bank account? I Hope so.


    I think only SENDING is cancelled for now. ISN"T
     
    sagarrai000, Feb 28, 2011 IP
  13. chandan123

    chandan123 Prominent Member

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    #953
    I just tried to send 1$ from my pp balance and it worked :D

    sent at 12:40 am on mar 1 . ( to check the restrictions from mar 1 )

    any other tried the same ?
     
    chandan123, Feb 28, 2011 IP
  14. WebBuddy

    WebBuddy Well-Known Member

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    #954
    Yes, just sent payment .. around 2 minutes ago. Went through smoothly. I think it would be PST, EST or something .. not IST when the transfers will be stopped.
     
    WebBuddy, Feb 28, 2011 IP
  15. sagarrai000

    sagarrai000 Peon

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    #955
    Yes me too waiting for others reply. I had sent $120 at 12.10AM on MARCH01 and it worked FINE !


    Lets see when paypal restricts sending the payments.

    Hope this rule never applies
     
    sagarrai000, Feb 28, 2011 IP
  16. prathaprabhu

    prathaprabhu Well-Known Member

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    #956
    Dear DP Members,

    I have spoke to one of the International Paypal Customer Support name Joel over Skype. She said as of now they haven't received any updates from their officials. So the rule which are witnessing in the blog will stay for now. But this is not the end of the world. We could wait for a week in order to get the update from them, I am pretty sure about it. Do you all remember that we had a same kind of situation last year for a month as you can't withdraw money to your bank account but Cheque only.

    So keep your fingers crossed and i will update you if i heard anything or viceversa.

    Cheers for your time reading this information.
     
    prathaprabhu, Feb 28, 2011 IP
  17. chandan123

    chandan123 Prominent Member

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    #957
    actually paypal dont want to limit sending limits imo. because they want to eat all possible fees from sent money
     
    chandan123, Feb 28, 2011 IP
  18. sagarrai000

    sagarrai000 Peon

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    #958
    Yes me too waiting for others reply. I had sent $120 at 12.10AM on MARCH01 and it worked FINE !


    Lets see when paypal restricts sending the payments.

    Hope this rule never applies
     
    sagarrai000, Feb 28, 2011 IP
  19. fhk_kz5

    fhk_kz5 Member

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    #959
    My hosting has 2CO option also for payment so that is good for me:)
     
    fhk_kz5, Feb 28, 2011 IP
  20. magicworld11

    magicworld11 Well-Known Member

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    #960
    Well its risky bec they may limit paypal as they are showing notice page after login and expecting indian ppl to follow the restrictions. However its possible that they update their codes in next few days.
     
    magicworld11, Feb 28, 2011 IP