Paypal Payment 7th, 8th, 9th April | A phone call to Paypal Customer Service....

Please do not cancel any bank transfer. Doller's prices are down. Today I did a new transfer and i got 42.97 INR per dollar. On 8th April it was 44 INR.

Thanks

 

@thatsfine: Thank you for posting your conversation with Paypal customer reps. From the conversation what it seems like RBI is messing this up big time, instead of focussing on the Sleazy Money affairs in IPL and other scams its India its focussing on us. I also agree that Paypal has manipulated us alot too, however RBI wouldn't even have been giving explanations to situations like the Paypal rep did.

Patience is the only key here instead of Panicking

 

But I have withdrawal on april 9 and still my payment is in pending status. please let me know status of your payment now.

 

The status of the withdrawal made on 8th April is still pending but the withdrawal made on the 16th is showing complete there.

Thanks and Regards

 

For me also April 7th withdrawal is in Pending. I have contacted PayPal many times.
I have compiled all the communications with paypal as Blog post

After reading this blogpost, do you believe they are really willing to solve the issue?

 

Paypal is very troubling these days,specially for asian users.....

 

Yes, It looks like that only.
I am wondering whether it happens only in India.
Anyone in US or UK face any type of trouble with PayPal?

 

Paypal is troubling only indians from last 3 months.

 

I also withdraw on 9th April and status still showing as "PENDING" .I mailed regarding to payapl regarding this issue and I got this mail.


Thanks for contacting PayPal's Customer Support. My name is Job and I
realize that this situation can be frustrating, and appreciate the
opportunity to help you resolve this issue.

I've checked the transactions and there is no problem , only that money
transfers to a bank account could take up to 10 business days to be
completed , this is due to security reasons and bank policies, i suggest
you wait a couple more days and the money should appear on your bank
account.

I apologize for the inconvenience and thank you for your patience.

Don't forget, we're always around if you need us. Just click "Help" in
the top right corner of any PayPal page to visit our improved Help
Center.

Sincerely,
Job
PayPal, an eBay Company

Copyright © 1999-2010 PayPal. All rights reserved.
Consumer advisory - PayPal Pte. Ltd., the holder of PayPal's stored
value facility, does not require the approval of the Monetary Authority
of Singapore. Users are advised to read the terms and conditions
carefully.

So, I decieded to wait for sometimes.

 

Today is Monday and still the status shows pending for my 7th and 9th withdrawals!!

 

same with me on 7th april. i am hoping pp will do something.

 

I am still waiting for my payment for 8th Should i request another withdrawl or should I wait for last one to clear?

 

Yes, the wait is getting longer, so I just wrote a mail to Farhan Irani and waiting for their reply, till then i have asked my clients to stop making payment, coz the value of money just goes on decreasing in Paypal.

One of the comments stated on this http://corpocrat.com/2010/04/10/paypal-withdrawals-to-indian-banks-still-pending-status/ mentions

"Just wait for 14 days and paypal will do something. They either auto cancel the withdrawals or will complete it. You should remember that it will take 14 days for paypal to trace the problem and then fix it."

Now, my next fear is that if paypal cancels the withdrawal, would there be any further deductions in the money that i had withdrawn.

This issue is really demoralizing to do further international business.

 

RBI never cares IPL money but they will care other least amount of legal money.....For me paypal don't want to cheat, its problem with RBI. RBI, Always changing and adding new rules and showing as "we are strict officers". During Feb paypal stopped personal payments but we all blamed paypal only. But the problem was created by RBI. OK...they finally asked Indian users to enter PAN info details and we did that. Now again adding some more new rules.....some Indian banks don't even know what is paypal and what is that about!!!.....All we can do is WAIT! WAIT! WAIT!!!!!

 

Not for me, I'm in the US and PayPal has always been reliable for me.

 

Just got the email a minute back.

 

Just got the same mail , but they charged reversal fees and I lost around $15 ...

 

I lost about $46 for the 7th date and still waiting for the 9th to be reversed...

 

Dear xxxx,

Thanks for contacting PayPal. I appreciate the opportunity to assist you
with your questions.

I hope all is well with you, my name is Maria and I sincerely apologize
for any inconvenience you may have experienced and the delay in response
to this email. I understand that you would like assistance on your
pending withdrawal.

We are currently experiencing an issue processing bank transfers to
India bank accounts. As a result there may be some delays in both
withdrawals and random deposits. We are doing everything we can to
process your withdrawal as soon a possible; however, we do not have a
specific timeframe to share at this time. We would like to sincerely
apologize for the inconvenience and delay this may cause.

Sincerely,
Maria
PayPal, an eBay Company

 

I didn't got any mail like that and money is not restored till now......