Positive aspects of this current paypal issue

Hi,

We are all suffering from the current issues of paypal with Indian government.
I also experience reversal and withdrawal problems.But these are some positive aspects I found from these issues

1)Now we all know how many Indians here uses paypal

I remember a situation where I wanted $30 in my paypal urgently and suffered a lot to find a member from India to help me.

Now it is very easy to find hundreds of members from India who can help.They are all participating in some popular threads here

2)This issue made us think about other payment processors and alternate ways to withdraw money from paypal to India.

Xoom is one of the alternate ways Indians began to use.Now we are discussing about the possibilities of paypal debit card

These experiences will definitely make our minds strong and teach us to find alternate solutions and helping each other to survive.

The two most important quotes I learned after come to this online marketing field are

"Smooth Roads Never Make Good Drivers"

"Don't Put All Your Eggs In One Basket"

Hope these issues will end soon

Thanks

 

I prefer mangoes instead of Eggs.

 

xoom is not an option for India because they cancelled my withdrawal. They behave abnormally. So, we definitely need a payment option for india something like paypal with better exchange rates

 

Mangoes won't break as easily as eggs.


Vs

 

Well certainly we need to have back ups ready in case we face any such issues in future also. We should start using other payment processors as well just in case if we required them in future.

Thanks

 

Ya. Now also I am thinking what's the other ways to get my dollars from foreign countries. Moneybookers is good. They are also offering some discounts now. But the problem is they will only send check to India, I think?

 

Sunday Ho Ya Monday, Na Khao Kabhi bhi Ande (Eggs)

 

ande(eggs) Khane se ho sakta hai birdflu,or paypal has now faces birdflu problem

 

As per RBI, Paypal was not registered with them as a financial institution, This was the reason ebay.in was not accepting PayPal as one the payment methods. Now paypal will have to take license and they will provide full services to us...

You all can expect paypal debit card
paypal payment option on ebay.in
telecom operators to accept paypal as bill payment method.

(CURRENTLY PAYPAL DONT HAVE ANY LEGAL ASPECT IN INDIAN FINANCIAL MARKET)

So after taking license from RBI, all issues will be sorted out and it will stand as genuine financial company..

 

But it takes 2-3 months to wait. We cant do anything, just sit and watch with NO MONEY

 

I understand your pain. We don't have any option in our hand. Its better to accept multiple payment methods instead of just paypal.

Some good alternatives are..

1. AlertPay (Slow in support and sometime put money in frozen balance for long time)
2. MoneyBookers (Withdrawal exchange rate is very bad)
3. Liberty Reserve (You need to find out exchanger for getting cash)

 

What about other days ? (Tue - sat ) ..

 

Will they also start charging more for their services ?!