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Post Info TOPIC: paypal in india


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paypal in india
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there were few significant changes in the rules of paypal for India... is paypal in India still working,,,someone told me we cant make mass payments? is is true



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Ya its true.
Indian paypal account got restricted you ca not make mass payment..
And the main annoying thing is that you need to withdraw payment within 7 days after you got any payment :(

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Paypal because of RBI guidelines they announced a new rules to all Indian users and they said the new rules will apply from March 1st 2011 few of them are

Limit to receive $500 per transaction

Withdraw with in 7 days

Can't use paypal balance

but these rules are not applicable yet.

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Paypal is much concerned now, because some people had started doing there business through it, they raised the fee amount as well.



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