My First Thread.... Some Good News Paypal Official Updates

Guys I got an email from pypal and chek this

http://forums.digitalpoint.com/showpost.php?p=13576317&postcount=874

 

Here is a link https://www.thepaypalblog.com/2010/02/update-on-paypal-situation-in-india/ which shows that Paypal spokesman has spoken about the RESOLVE of this paypal issue.

But no where they have mentioned REFUND of the reversal fees.

Check it...

 

This is really music to my ears. I never expected Paypal to refund us back the conversion difference.
Their intention surely needs to be appreciated with an applause... but I will say thank you to them, only after I see the actual reimbursement!

Regards,

RightMan

 

Today i got this email


We have restored the amount of your recent withdrawal into your PayPal balance.

Within the next 24 hours, you will also see a separate PayPal reimbursement for any withdrawal fees charged and variance in the foreign exchange rate over the last week. This should ensure that you will not be adversely affected by currency fluctuations during the last week.

Thank you for your patience while we work to address the issue of processing withdrawals to Indian bank accounts. We will contact you again in a few days with an update and, if the issue is resolved, you can initiate another withdrawal at that time. In the meantime, you will have the ability to spend your balance to purchase goods or services if you choose.

Thank You,

PayPal

 

It is the same email which we received upon reversal of withdrawals.,

 

That's good to see PayPal understand the issue very well and now people should be relax as they are also doing work for us with regulators.

 

What exactly are personal payments? Do they mean personal accounts? Or the Payment that we receive? I have a personal account. Can I withdraw to bank when that service becomes available? Please help. Thanks.

 

Well it was a option where people can transfer small amount of money as Gift/Borrow/Other to avoid any fees but most of PayPal users ask it to save fees.

 

In the paypal blog it says that

can anyone help me to know how this work? How ma we withdraw money with credit cards??

 

I will hope our reversal fee will come in our paypal account very soon.

 

Thank god it's sorted out...
All Izz Well!!!

 

Not yet .. .All will well ..

 

In that blog post, he has written that "Customers will also be reimbursed for any withdrawal fee charges".

is it true guys??

 

lol..
Not a word regarding the fees taken

 

Personal payments to and from India will be suspended for at least a few months until we fully resolve the questions from the Indian regulators.

So we cannot send or receive personal payments for at least a few months?

My affiliate commission from hostgator got reversed few days back.
What should I do?
Shall I contact hostgator or paypal?

Thanks

 

haha it was probably an error in their system and they are now trying to cover it up as if they were doing it to protect you.

 

I would suggest you to contact hostgator support team.

 

I feel yes since PayPal informed the same. I'm Feeling lucky!

 

First HG, then PP

 

It will take 24 hours to 72 Hours depends on their work rate.