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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. articleshop4all

    articleshop4all Member

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    #121
    Yes I'm completely agree with you brother.
    SEMrush
     
    articleshop4all, Jan 28, 2011 IP
    SEMrush
  2. developerpanda

    developerpanda Peon

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    #122
    developerpanda, Jan 28, 2011 IP
  3. bloodmage478

    bloodmage478 Member

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    #123
    Next time it will be Internet Shutdown for India by the way things are going mad.
     
    bloodmage478, Jan 28, 2011 IP
  4. innews

    innews Well-Known Member

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    #124
    just wanted to say one thing....till date i was proud to be indian but
    today i am crying that i am Indian and i am living in india.......i am on road because f rbi and paypal in one day
     
    innews, Jan 28, 2011 IP
  5. developerpanda

    developerpanda Peon

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    #125
    Yea. Then we all can go back to farming or whatever.
     
    developerpanda, Jan 28, 2011 IP
  6. bloodmage478

    bloodmage478 Member

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    #126
    Farm where ? On Roof tops ? May be Indian population will decrease by 75% in 2012 by stupid gov. policies . So it was true, somethings going to happen before or after 2012.
     
    bloodmage478, Jan 28, 2011 IP
  7. developerpanda

    developerpanda Peon

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    #127
    True. We won't have any land left for walking at the rate people are getting married & making babies. China has 1-child policy since more than 2 decades I guess and our policy makers, well busy making their own babies.
     
    developerpanda, Jan 28, 2011 IP
  8. IndiaNets

    IndiaNets Active Member

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    #128
    Shame Shame!!

    Pranab Da had to take out his frustration of insult from Apex Court for black money issue this way.

    This is not going to stop Swiss bank deposits of corrupt politicians and bureaucrats but this will ruin the Netizens of India who make their bread and butter by ruining their life 24x7. It's highly inefficient move of the RBI in pressure of FAILED UPA Govt, I am sure this is the last term of UPA with so many of concurrent issues for at least next 25 years.

    Vijay
     
    IndiaNets, Jan 28, 2011 IP
  9. developerpanda

    developerpanda Peon

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    #129
    Yea man. And what meager income do we have? 500 dollars, 1000 dollars, 5000 dollars max a month? If you add up every Indian freelancer's income even that will be much less than what one politician would have in his Swiss bank account.
     
    developerpanda, Jan 28, 2011 IP
  10. IndiaNets

    IndiaNets Active Member

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    #130
    It's tough to do business in our own country. Capping of money is not a solution if you want transparency.

    You enforce IEC, enforce tax registrations, enforce audits - they are going to make it work, not preventing someone to pay and get paid.
     
    IndiaNets, Jan 28, 2011 IP
  11. unikaman

    unikaman Peon

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    #131
    This is a real mess guys...

    This $500 cap is really a set back for so many Indian entrepreneurs who rely almost completely on PayPal as the mode of payment from International clients. The most hit because of this change will be bloggers who provide online services and receive payments via PayPal.

    I think one should go on with some other alternatives now…
     
    unikaman, Jan 28, 2011 IP
  12. zenilshroff

    zenilshroff Well-Known Member

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    #132
    We already have our PAN card's linked with our paypal accounts and we can be caught if we do any sort of Fraud.
     
    zenilshroff, Jan 28, 2011 IP
  13. bloodmage478

    bloodmage478 Member

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    #133
    I think we can receive larger amounts with multiple payments . 500$ cap is not much of a issue ,its the sending money option .
     
    bloodmage478, Jan 28, 2011 IP
  14. developerpanda

    developerpanda Peon

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    #134
    These policy makers need to understand this: nanga nahayega kya aaur nichodega kya. We are really the bottom feeders in terms of income, and moreover we are not doing anything illegal. There are people who're sitting on piles of money & nobody touches them.
     
    developerpanda, Jan 28, 2011 IP
  15. The Peoples SEO

    The Peoples SEO Well-Known Member

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    #135
    I see some of you clowns gave me a neg rep, for expressing my opinion on why paypal is so strict on Indian users... Guess some of you clowns don't like hearing the truth about the fraud rate in India... Keep sticking you heads in the sand, and you might find yourselves without being able to use paypal, period.

    Instead of addressing the problem, some of you clowns want to cry and moan about paypal, when the real problem is the scammers in India, that give good Indian users a bad name... Next time don't be a coward and leave your name when you give someone a neg rep ;)
     
    The Peoples SEO, Jan 28, 2011 IP
  16. TheCooldude

    TheCooldude Notable Member

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    #136
    I think this is the effect on indian people for pressurizing the Govt to reveal black money details of the creamy layer....
     
    TheCooldude, Jan 28, 2011 IP
  17. The Peoples SEO

    The Peoples SEO Well-Known Member

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    #137
    Who said anything about being cheap? I am talking about the scammers from India that ruin it for the rest of the country.... Its scumbags like these, that take out threads like these on a daily basis...

    I bet more then half of the paypal accounts from India are throw- aways, just like the Adsense accounts you can buy from india for $5. If you can't take criticism of the high fraud rate by your fellow country men, then you have no business in a forum... Some of you are quick to blame the banks in India or paypal, as if you expect them to eat up all the losses they accumulate from the high fraud rate in India... Instead of trying to place blame, try to push for tougher internet laws in India, so this kind of stuff doesn't happen... You can't ignore the big elephant in the room, and expect payment processing companies to do the same...

    Everyone here is crying and moaning about paypals new policy with India, but nobody saying anything about the fraud that caused their change of policy. I wouldn't be surprised if half the people here crying are involved in some kind of internet fraud..
     
    Last edited: Jan 28, 2011
    The Peoples SEO, Jan 28, 2011 IP
  18. DaDreamer

    DaDreamer Peon

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    #138
    its really a shocker.... so guys whats next? can you guys suggest any reliable payment processor other than paypal?
     
    DaDreamer, Jan 28, 2011 IP
  19. DaDreamer

    DaDreamer Peon

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    #139
    Good job guys.. I am ready with what i can do.

    Lets hope all goes well and everything gets fixed both ways.
     
    DaDreamer, Jan 28, 2011 IP
  20. haradeep

    haradeep Well-Known Member

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    #140
    Hi guys,

    This is a big shock for me.

    For me, I will withdraw all my money and stop using Indian Paypal account. I'm having verified US account. So not a big problem for me.
     
    haradeep, Jan 28, 2011 IP