Advanced-notice-for-changes-to-paypal-user-agreement-for-india

[slowy]

take from https://www.thepaypalblog.com/2011/0...ent-for-india/
We have received a notification from the Reserve Bank of India (RBI) outlining the new requirements for governing the processing and settlement of export-related receipts facilitated by online payment gateways. In order to comply with the RBI guidelines, our user agreement in India will be amended for the following services with effect from 1 March 2011 as follows:

1. Any balance in and all future payments into your PayPal account may not be used to buy goods or services and must be transferred to your bank account in India within 7 days from the receipt of confirmation from the buyer in respect of the goods or services; and
2. Export-related payments for goods and services into your PayPal account may not exceed US$500 per transaction.

[subzero]

Omfg limited use to paypal wtf ?

Yeah understand most place has not gone paypal but at least do not limit the use of paypal !!

i think its to do with alot of ( you know what ) has control you and others and limited your use. blame them for doing it.

[ajit55u]

Indians rally have bad luck

[subzero]

True mate i agreed.

But it will be ok later soon for you guys

[slowy]

it also means that we cant shop online using paypal

[ori]

thank goodness im in australia then lol id be screwed without paypal

[subzero]

LMAO true

Also im australia and going to ori place for beers his shout ;)

[wellwisher]

Then how could we pay our host bill?.:-(

[subzero]

Let me get my whip out ....

Whip Work For Me Whip Whip its not getting Not where work faster ! whip whip !!

lol

If you can pay thou money bookers im soon to open payment thou them i hope that will help you.

[Mysterio]

In Albania is better: I can send money but I can't receive

[razzbee]

hmmm,am in ghana,paypal is not supported..............

[arpan.rnc]

wat abt payment to out hosts ?? guess we'll have to apply for a credit card

[Mr-59]

LOLLLLZZZ then why we shall use paypal ?? i m thinking to pay my all bill till 28 feb. after that who care whtevr haapn

[slowy]

The issue is by not RBI I guess it's from paypal...
Why Is PayPal Screwing Indians? An ex-RBI Employee Tells Me The Facts

[vishalgzp]

may this information can help us NetSafe Card – Virtual Credit Card from HDFC Bank | Shanavas dot Com

and

www.shanavas.com/entropay-card-free-virtual-credit-card/

:-(