Paypal is asking the users to send even Personal Payments as either Services / Goods. By doing this, isn't it scamming RBI, dogging the authorities? When RBI asked how does it handle personal payments / transfers? This is pure scam on part of Paypal to cheat Indian Authorities and should be reported so they can have a permanent fix. What do you think?
Dude, if some one is buying any goods or products, he with use "goods" option. Freelancers like us can send or receive money with "Services" option. How can you say that Paypal is scamming. India has big loop holes in every section, lets try to close that first.
Paypal nowhere says you could use goods/services option for sending personal payments. They have informed to look after alternative services for sending personal payments. If the payment is for services they have asked to select goods until the issue is fixed. Goods and Services both fall under "Commercial Payments" and they are not affected by the RBI policies on personal payments.
True there are big loopholes in our authorities and ways of working of our local authorities. We need to fix that before we can raise fingers on others. Thanks
Thats if its genuine Goods / Service, In case I want to send personal payment and if I chose goods / service for sending the same, I don't think paypal stops me from doing it and Paypal is encouraging us to use goods / service option to send money. SO? Won't it bother the authorities and paypal putting us in a deeper mess? Think..
paypal wants to make money in all possible way so it is not a surprise they want to change rules if you see those idiots created lot of mess with payments which sent as personal.
So at the eod its all about getting fees from users. Right? I don't think they care a damn for the RBI as they are asking users to openly flout the rules. All they want is fees.
that's what they do they did stupid things telling rules break by indians ( gift payments ) but we can see they not giving any value from their side
How can we blame Paypal for it ? How will they know if you really send a payment for services or as a gift ? I mean how to verify it ? Checking invoice - which anyone can make ? Or going through the various emails clients send to freelancers in India and checking whether they made the software properly as per clients requirement ? It is not possible to verify such things. Leave Paypal, think about Wesern Union, or Moneygram or hundreds of other ways to send payment. Who check where the money goes or how will they verify it is genuine transaction ? Sorry, but I do not understand the logic of your argument. There is no way to verify many things we do over internet and verifying every single detail of every transaction is not something practical, and it is simply not possible.
If paypal doesnt convince RBI soon in one way or other, they are not going to allow paypal to do local bank transfers? That would be a disaster for all indians i am sure paypal had to do this and i am sure its temporary only. For now the most important thing is getting our money in bank accounts. Nothing else matters i dont blame paypal in anyway and its our govt regulators and rbi are the root cause of this problem.
Paypal may be able to hand over all user details and transaction details to RBI or any other Authority. That is the max they can do form their side (as far as I can think - sorry, can't think too much today, worried on $$$ lol). And it is the duty of RBI or Indian authority to verify it and find out where money goes and whether it is for any goods/services or a genuine transaction.
My Logic is it just makes no sense blaming the authorities and asking us to chose other options(i.e goods /services) when you have no way to track the transaction. I don't get the logic of Paypal of not allowing personal payment when you have no ways to track good/services. Just make all transfers with fees and get done..
Right now, we do not know whom to blame. It may be some order from Government asking Paypal to stop all personal payments - which they clearly mentioned in their emails. I mean their first email mention not to make any personal payments and check alternative methods if we want to. They never asked us to cheat Govt by selecting goods/services for a personal payment. What they asked us/clients to do is, for services/goods payments, select the corresponding option and do not select personal payment as an option. But again, this is all a guess, still not clear where the problem is. And no idea why they are not allowing bank withdrawals for money received for service. Seems no other way than waiting. Personally, I think they will solve this soon, they may not like spoiling their own reputation that fast. At least the past experiences makes me think so. Last time, they delayed withdrawals but solved it - yes, took few days though.