1. Advertising
    y u no do it?

    Advertising (learn more)

    Advertise virtually anything here, with CPM banner ads, CPM email ads and CPC contextual links. You can target relevant areas of the site and show ads based on geographical location of the user if you wish.

    Starts at just $1 per CPM or $0.10 per CPC.

Paypal's fraud with the Indians.

Discussion in 'PayPal' started by leede, Feb 28, 2009.

0
Page 2 of 2
  1. IRCCo Jeff

    IRCCo Jeff Peon

    Messages:
    29
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #21
    I can't say i've been a huge fan of PayPal. We still accept it although very cautiously. Last year they had our account suspended for three months on a bogus claim and this is after nine years of perfect history and a 311 verified rating.
     
    IRCCo Jeff, Mar 1, 2009 IP
  2. Tron2k

    Tron2k Active Member

    Messages:
    212
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    58
    #22
    are these problems mostly limited to Indian Paypal users?
     
    Tron2k, Mar 1, 2009 IP
  3. rome

    rome Peon

    Messages:
    507
    Likes Received:
    20
    Best Answers:
    0
    Trophy Points:
    0
    #23
    PayPal is generally for small payments, The moment they come across any large amount in a transaction, it raises a red flag in the backend team of PayPal, Payment processing firms like PayPal, Moneybookers etc are keenly monitored by U.S and European financial authorities, Hence these payment firms are extra cautious in their mode of business and disable any suspected transaction..... They have no dearth of customers, every second day the world of internet is increasing and new customers keep on flowing

    The moral of the above explanation is, Avoid making large transactions using PayPal
     
    rome, Mar 1, 2009 IP
  4. kolucoms6

    kolucoms6 Active Member

    Messages:
    1,198
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    75
    #24
    Definition of large payment ? How large ?
     
    kolucoms6, Mar 1, 2009 IP
  5. rome

    rome Peon

    Messages:
    507
    Likes Received:
    20
    Best Answers:
    0
    Trophy Points:
    0
    #25
    Anything above 500 $
     
    rome, Mar 1, 2009 IP
  6. kolucoms6

    kolucoms6 Active Member

    Messages:
    1,198
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    75
    #26
    Live rates at 2009.03.02 10:40:33 UTC
    1.00 USD=51.8103 INR

    Live rates at 2009.03.02 10:40:33 UTC
    Paypal Conversion rate : 50.0370

    Means paypal deducts 3.422% approx .
     
    kolucoms6, Mar 2, 2009 IP
  7. kolucoms6

    kolucoms6 Active Member

    Messages:
    1,198
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    75
    #27
    Does it means if anyone paying me more than 500$ , Paypal calls them to verify the amount ?
     
    kolucoms6, Mar 2, 2009 IP
  8. frank.net

    frank.net Guest

    Messages:
    694
    Likes Received:
    5
    Best Answers:
    0
    Trophy Points:
    0
    #28
    Ok here is what i have to say

    Till yestarday the conversion was Rs 49.14

    And today they are offering 50.03 and increase of 0.89 paisa.

    If you check todays currecy the rupee depreciated by 0.60 odd paisa and paypal increased the conversion by 0.90 paisa
     
    frank.net, Mar 2, 2009 IP
  9. dipal76

    dipal76 Well-Known Member

    Messages:
    3,074
    Likes Received:
    29
    Best Answers:
    0
    Trophy Points:
    138
    #29
    I agree with you.
    It happens sometimes for me.
    It takes high fee for Indian also.
     
    dipal76, Mar 2, 2009 IP
  10. amazingserviceprovider

    amazingserviceprovider Peon

    Messages:
    395
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    0
    #30
    I heard that paypal is limiting now a days, and waiting for the people for 180 days

    i think they will earn much interest for 180 days

    so, you better sue paypal pvt. limited

    between, how much money you have?

     
    amazingserviceprovider, Mar 2, 2009 IP
Page 2 of 2