None of my payments have been reversed because :
I always create my own BUY NOW button and select products as my item
Do that and maybe your payments will not be reversed. Lets just hope for the best now
None of my payments have been reversed because :
I always create my own BUY NOW button and select products as my item
Do that and maybe your payments will not be reversed. Lets just hope for the best now
fuck*ng Gaypal reversed 4 of my payments todayone buyer sent me the money twice and again gaypal reversed it
God plz help us. Fuck gaypal.
Better option is transfer the money using xoom and shift our merchant account to money bookers or google check out. I am thinking about it.
Same problem here.
Got almost $2529 reversed to 2 buyers with paypal claiming it to be personal transfers when they were not.
Also $380 stuck for the last 3 days. I was trying to withdraw the same to my bank acct.
I know a friend who has $1200 being refunded back as well.
I am very worried as $2500 is not a small amount for me and now I dont know if the buyer will return it back or not. I do not know if paypal has the right to make such changes without letting people know in advance.
Hope things get better coz if my buyer does not pay me back and paypal still refuses to do anything, I am going to sue them for such an action (Hope I would have that right).
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So if I sell something to someone in India, there is a chance the money can be taken from my account and put back in theirs without my consent?
Or is it the other way around?
I always make a buy it now button and copy paste my email link. I usually do services, since that's what I've been doing but is this gonna screw me over?
I should go with Products? Erm.. Was about to put some stuff on DP today..
.... interesting![]()
Finally, there is update on Paypal blog about the situations, but not for solution.
Code:https://www.thepaypalblog.com/2010/02/personal-payments-and-local-bank-transfers-in-india/During this time, customers can still make commercial payments to India but merchants cannot withdraw funds in Rupees to local Indian banks.
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there is big prob of indian bank with PP..
it gonna be solved after couple of days I guess
official paypal statement:- https://www.thepaypalblog.com/2010/0...fers-in-india/
I think its time to explore other services ... Xoom looks good but only if you want to transfer higher amounts..On the positive side, they offer higher exchange rates and same day delivery to certain banks..
You must be a donor to advertise or use links in your signature.
Just Saw that :-
Code:https://www.thepaypalblog.com/2010/02/personal-payments-and-local-bank-transfers-in-india/What the hell that means unless they don't solve problems with there partner we remain Fucked up and our money get holding up in Paypal or somewhere in a bank transfer Shit man i m leaving paypal after i get my money !!Code:Hi blog readers, it’s Anuj from the communications team here. I’m writing to let you know that personal payments to and from India and transfers to local banks in India have been suspended while we work with our business partners and other stakeholders to address questions they have about the service. During this time, customers can still make commercial payments to India but merchants cannot withdraw funds in Rupees to local Indian banks. We’re trying to resolve the situation as quickly as possible and we’re really sorry for the inconvenience that this may cause our customers in India and around the world. I’ll update the blog as soon as we have more information to share. Anuj
It 's on the news already
Code:http://www.google.com/hostednews/afp/article/ALeqM5hLm-lBa5Tmpt_l0oEFf7pPMBgb0AWhy do they think that they can do any move without even caring to explain? Isn't this our money and aren't we those who pay them commission?Code:http://www.msnbc.msn.com/id/35280841/ns/business-world_business/
YES without shipping address how one can ship goods lol.. However it seems now the reversal problem has been solved. Now we can get payments with Services/Others option also.. I have read some posts on other forum that guys have got payments as Services/Others option and they didn't get reversed.
seems things are getting better.
Yes, now no reversals in my account. so i think it was stopped now.
Thaz Great News Thanks dheer ,bigbuddy & blackmagicmaster the information you shared was very usefull.Hope everything goes well but still the transfers to banks not done by gaypal today got mail frm gaypal saying now all amt transfered to banks will be again back seen in our gaypal account balance within 24hrs .if any more info about it, do keep updating.
Keep Smiling![]()
Last edited by wishhar; 02-09-2010 at 03:21 AM.
finally i got my funds back in my paypal account.
30-Jan-2010 Currency Conversion Completed Details -$418.00 USD
30-Jan-2010 Currency Conversion Completed Details Rs.18,653.54 INR
09-Feb-2010 Cancelled Transfer Completed Details Rs.18,653.54 INR
09-Feb-2010 Currency Conversion Completed Details -Rs.18,653.54 INR
09-Feb-2010 Currency Conversion Completed Details $385.77 USD
What the Hell : 418.00-385.77=32.23$ Lost
But it is not matching the total amount. Paypal took some amount as fees. But I am waiting to get my fees back according to this stated by paypal in an email
"In addition, you will see a reimbursement of any withdrawal fees charged. We will ensure that you are not adversely affected by currency fluctuations during the last week."
Last edited by jamesrocky; 02-09-2010 at 07:12 AM.
Update : Funds which i transferred to my bank account was reversed. Now What? Shall we try again?
One More Update : I tried transferring money thru Xoom from my paypal account to my bank account and got credited now. But it takes 3 - 4 days. Use Coupon "webxoomremit" for zero transaction fee.
Last edited by BigBuddy; 02-09-2010 at 07:24 AM.
This fucking gaypal is driving me crazy.Gaypal took almost 31$ while reversing my withdrawal amount to my account.![]()
By luck while reversing only $1 deducted from that.
lost around $40 in paypal conversion and i choose the cash pickup option in zoom and i even payed the extra charges since i needed the money urgently but my transaction got cancelled. And when i contacted zoom, this is the response i got
now wondering what to doCode:Unfortunately, we have refunded this transaction, as the intended money transfer has been identified as Intra-India, and the indicated disbursement is not permissible by Indian law.
I found this Official blog discussing about our problem
Code:https://www.thepaypalblog.com/2010/02/personal-payments-and-local-bank-transfers-in-india/
Dirty-Niche-cash-Guru
Guys anybody of you know the solution to withdraw our money from paypal ???



Seriously insane this.. I lost as well on the transaction reversal..
Worst part is that now. Xoom is acting insane as well
they reversed it in a few minutes when i tried the transfer first time. i called them up and they took a complaint from me and i got the response i mentioned in the previous post. i tried it one more time and this time it got cancelled after a few hours time.
just planning to call them up again. and would you suggest trying transfering to bank account using the same account or with a new account ?
New Update:
Source:
Code:https://www.thepaypalblog.com/2010/02/update-on-paypal-situation-in-india/1. Why did you suspend local bank transfers and personal payments to and from India?
We temporarily suspended these services to respond to enquiries from the Indian regulators, specifically questions on whether personal payments constitute remittances into India.
We’re working with the regulators and our bank processing partners in India to get this resolved as quickly as we can. We realize that this is causing considerable inconvenience to our customers and I want to reassure you that this is a top priority for the leadership at gayPal
2. When will personal payments be turned back on?
The regulators recently let PayPal know about revised licensing rules that we are now actively engaged in securing. Personal payments to and from India will be suspended for at least a few months until we fully resolve the questions from the Indian regulators.
3. When will local bank withdrawals be available?
Customers should be able to withdraw their funds to a local bank within the next few days. In the meantime, we’re going to restore the money into the PayPal accounts of any customers in India who have initiated a recent withdrawal, so they know that the money is safe in their accounts. Customers will also be reimbursed for any withdrawal fee charges.
4.The PayPal reversal has left me with a negative balance. What shall I do?
If you bought something or transferred money out of your PayPal account to your bank account before we reversed the payment then you may be left with a negative balance.
If this was a payment for a purchase of goods or services, you should contact the sender and have him or her resend the payment as follows:
(a) click the Send Money tab, and
(b) select “purchase.”
If this was a personal payment, then the sender will need to find another payment method until we restore the service. We’re sorry about this.
If you can’t recover the funds from the sender, you can bring your PayPal balance current by logging in to the PayPal account and clicking the “Resolve Negative Balance” link on the Account Overview page.
5. My payment was reversed but it was not a personal payment. What happened?
Only personal payments should have been reversed. Customers who believe that their payments were reversed in error should request that the payment be sent again by following the steps above (click the Send Money tab and select “purchase.”)
Guys I lost nearly $450 in reversal due to currency conversion.. I feel like peeing in Gaypal office... Hope the currency fluctuations are taken into consideration.. I have registered my protests..
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