Paypal : Got Back The Amount, which was Reversed

Hey I got the exact amount back... and I had -40$ in negative... so thats also has been resolved cleared now... Im happy


But want to know that ... Can I successfully withdraw the amount to Indian Bank?

 

Nopes , not yet..

 

You mean the amount you got back which were showing as reversed back to the sender?

 

yes.. I got them fully back... When Paypal Reversed the amount .. I had negative balance of $-40 . Now in my account the balance is full... So I have not lost even $0.01 cent

 

That's great to see that PayPal reverse your money and now you have $0 balance.

 

This is good news one more thing that when did you got back the amount into your account?

 

Just Today Morning When I woke Up

 

WHAT??? I dont have 0$ Dude .... I got my money back which was reversed dude... I got credited the whole amount

 

we all are waiting when paypal allows us to withdraw our money to bank accounts.

 

Well nice to see that PayPal has resolved the issue of reversals but now lest see when they gonna resolve the withdrawal issue, so that we can use our own money.

Thanks

 

That's good ,,i have an negative account and got back reversed payment to other paypal account ..

Now i m confused ..

 

No mate acturally he trying to say that now you don't have any negative balance in your account. I am right Rohit?

 

I called up paypal customer care they told me... it will now take more 15-20 working days to fix this issue of withdrawal in India

 

damn that sucks i am just going thru xoom transfer thread better to withdraw in that way

 

thats really a bad news for indians. i think many have that much patience to wait that The sad part is you can do nothing and sit idle, wait and watch!!!

 

@David

I checked my paypal account and I do not see any amount which was reversed being credited.

1. when did the money get reversed . Mine was on 3rd, 4th and 5th Feb

2. Did you get an email from Paypal or did you just go and check your account.

 

It got credited Today thats 12th Feb... and my friends paypal account got credited on 10th Feb....so even you will get it credited by monday may be...its bcoz saturday and sunday is an holiday for paypal

2. I got an email ...reading the email I logged in to paypal account and then I checked my account... I had got funds

 

@David

Thats great. I hope will get it by tomorrow itself, because these things are automatically scheduled in batch mode and so will be credited based upon the date of reversal. It has been a nightmarish experience from the past 2 weeks and do not want to have this experience again for Paypal.

Hopefully, Paypal will begin withdrawls by early next week, because they are quite aware that they are losing hundreds of thousands of $$ each and every passing day in fees and withdrawl conversion rates as many are going through Xoom or converting to Alertpay and sending the payments to India.

If Paypal does not act fast then they will lose a huge chunk of their business in India and Asia too as any person having a Paypal account is quite aware of this issue now.

So this is nothing but a life experience that no online business is permanent or 100% safe and has to be governed by the law of that country for safety. So this paypal episode will remain in our minds forever. Life will move on but these 2 weeks and maybe a week more, will be remembered by each and everyone who suffered with payments / withdrawls on Paypal-India

 

Dude.... RBI is not allowing Payment process by Paypal

 

Extremely Correct. What we are doing now is waiting and watching.