SWREG also closed by RBI ?

Discussion in 'Payment Processing' started by kolucoms6, Feb 7, 2011.

  1. #1
    SWREG also closed by RBI ?
    Paypal also had same issue
    AlertPay will also have the same issue in future ??
     
    kolucoms6, Feb 7, 2011 IP
  2. chandan123

    chandan123 Prominent Member

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    #2
    alert pay not offering withdraw to indian bank so i guess they will not be affected for some more time
     
    chandan123, Feb 8, 2011 IP
  3. kolucoms6

    kolucoms6 Active Member

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    #3
    But Swreg also send Wire.

    AlertPay also.
     
    kolucoms6, Feb 8, 2011 IP
  4. joy1986joy

    joy1986joy Member

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    #4
    Hi
    I want to ask hear something. If anybody have a product in his or her site which is more than $500USD then how they will get paid? I think there is one way that the customer have to pay twice. But it is not right that they have to pay twice for a single product. So is there any other way for that?
     
    joy1986joy, Feb 9, 2011 IP
  5. chandan123

    chandan123 Prominent Member

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    #5
    just dont use paypal for such transaction.
     
    chandan123, Feb 9, 2011 IP
  6. joy1986joy

    joy1986joy Member

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    #6
    Hi
    Is there any other transaction system like paypal which is flexible and able to pay in India. Please suggest.
     
    joy1986joy, Feb 9, 2011 IP
  7. jNorth

    jNorth Peon

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    #7
    In order to comply with the RBI while they conduct their audit, we are required to halt transactions until this audit has been completed. We will keep you up to date as we proceed with plans to establish an entity in India.

    That's not an audit, it is an investigation.
     
    jNorth, Feb 9, 2011 IP
  8. 88dbsakthi

    88dbsakthi Peon

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    #8
    Hope the service will be resumed after audit. But RBI always sucks
     
    88dbsakthi, Jul 26, 2011 IP
  9. czx1950

    czx1950 Peon

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    #9
    thanks for sharing ! very good!
     
    czx1950, Aug 2, 2011 IP