PayPal is not allowing payment to India
Its a very sad news i saw this today morning .PayPal stopped sending personal payments to or from India. I came to know about this when one of my friend got this following mail. a drastic decision . isn’t it ?
Hello Name,
Your payment of $$ has been sent back to the sender of the payment.
We reversed this payment because we have stopped allowing personal payments to be sent to or from India.
If this was a payment for a purchase of goods or services, and not a personal payment, then you may contact the buyer and have him or her resend the payment as follows: (a) click the Send Money tab, (b) select "Goods," and (c) provide a shipping address.
If this payment was a personal payment such as a gift, then we have requested that the sender find another payment method until we restore personal payments to and from India.
We are trying to resolve this issue as quickly as possible and we're sorry for any inconvenience.
Thank you,
PayPal
I don't know why PayPal took such a decision to stop all the personal payments to India although they allows commercial payments. My friend told me that either the merchants' account nor his account credited the money back.
This seems to be a temporary decision . we need to wait until PayPal resolves this issue. But the most confusing part is why PayPal didn't sent any notification about this to their Indian users.
The possible other options are to use the other services like Money bookers, Alert Pay.. etc . These are known as pay pal alternatives. But i think Alert Pay also not allowing transferring money to the Indian bank accounts.
Tail: For those who doesn't know what PayPal
PayPal is the largest Online banking system.anybody can create a free account in pay pal by going to www.paypal.com. The easiest Billpoint and the cheapest money transfer methods made them becoming the best online international money transfer company.PayPal offers services like free money transfer,instant money transfer,international money order,international money transfer online
PayPal is the best resource for the payment merchants who is doing the international business,website developers. Other advatages includes linking to most of all the credit cards including virtual credit card,visa money transfer..etc
This is not a good look for Paypal. They "say" they serve worldwide, so why now are they not wanting to send overseas is what I don't understand. Maybe it's time to look into a different payment system? One that will cater to the needs of those overseas specifically.
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