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For all Indian service providers. abt Gaypal reversal of payments

Discussion in 'Business & Tax Advice' started by dheer, Feb 5, 2010.

  1. dheer

    dheer Jr. VIP Jr. VIP Premium Member

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    Hi guys,

    My 3 payments got reversed bcz the buyers sent me money by selecting "Services/Other" option. Now Gaypal will reverse all payments from Indian account holders which are either made with "personal payments" or with OTHER THAN "Goods".

    Today I talked again to Gaypal employee and he suggested me to say to my buyers to send money by SELECTING *******Goods******* WHILE SENDING MONEY AND ALSO PROVIDE PHYSICAL ADDRESS. So I request all of my buyers to please send me money by selecting Goods and also suggest the same to all my fella Indian members of this forum.

    a Mail From Gaypal:-
    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.
     
    Last edited: Feb 5, 2010
  2. BigBuddy

    BigBuddy Account Under Review

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    Thank you dheer.
     
  3. dheer

    dheer Jr. VIP Jr. VIP Premium Member

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  4. dheer

    dheer Jr. VIP Jr. VIP Premium Member

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    dude you wrote that you have more than 1 PP account.. Did you told them that you own more than 1 account? may be that is the reason they blocked ur account.
     
  5. jaguarslug

    jaguarslug BANNED BANNED

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    my gaypal balance is now like $ -4k, don't know which payments have been reversed to me, and which have been reversed from my account, looks like i need to hire an accountant to find out. this is going to take hours and hours to sort this out. fuck those assholes men, i was on phone with them yesterday and all that they have to say is "Our systems were under review, and we apologize for the trouble" They will fuck up our businesses and they will say they apologize for ruining it. Money withdrawn hasnt reached the bank, payments received returned to buyers, payments sent returned from service providers, its a complete dead lock now... and the reason for this is not just personal payment, they are doing this to all transactions that weren't done with a shipping address.
     
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  6. dheer

    dheer Jr. VIP Jr. VIP Premium Member

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    @ jaguarslug really they told you that it was their system fault? lol they are fucking cunt.. I called them like 5 times and they said that they are not accepting personal payments as well service/other. they just want our buyers to select Goods and provide shipping address and then they ll not revers it back..

    it sucks that they are giving all of us different answers.
     
  7. dheer

    dheer Jr. VIP Jr. VIP Premium Member

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    Here an update:-

    Well since last 2 days many Indian Account Holders are very tense because of PayPal's unproffesional move in terms of reversing money to buyers account. Here is PayPal's advisory notes which may clear your doubts.

    * India customers are no longer able to see the option to send a Personal payment on the Send Money page.
    * They can continue to use other payment options, such as eBay checkout.
    * Although India customers are unable to send Personal payments, they are still receiving Personal payments from Non India customers.
    * In order to stop ALL Personal payments TO and FROM India accounts, we have started reversing Personal payments sent by Non India customers starting today. (the only exception will be in cases where the buyer has included a shipping address - we don't want to delay any shipment of goods)
    * We are also in the process of implementing a change on the website to automatically stop the payment from processing, rather than waiting to reverse the payment. We will send you additional updates as soon as we have more details.
    * The Personal payment option on the International Send Money page has been updated and India has been removed from the ‘select a country' drop down list.


    Source: http://www.binaryturf.com/advisory-p...dian-accounts/

    On Reversal :

    * PayPal only reversing money which occur from Feb 1,2010.
    * They reversing all transition which made as Personal Option, Gift, Other/Service option without Shipping Address as well as Subject notes!


    I wish this information might help to people to understand this condition.

    I will advice don't be panic now, as now everything ok to do business from today itself, they only reversing money which transfer from Fab 1 to Fab 4.
     
  8. addicted2prisonbreak

    addicted2prisonbreak Newbie

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    my paypal is absolutely fine...Btw y is paypal acting cocky?
     
  9. virus_1720

    virus_1720 Jr. VIP Jr. VIP Premium Member

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    I talked to PP yesterday and they assured that my money is safe. I withdrew some cash from PP to my bank account on the 28th of Jan and still have not recd it. I called them and they said that they are having a difficulty trasferring money to Indian PP accounts.

    They said that the problem should be solved within 5-7 days. I have a major payment coming within 4-5 days and I'll ensure that I myself make the PAY NOW button and select the goods option.
     
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  10. CallItLikeIseeIt

    CallItLikeIseeIt BANNED BANNED

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    [​IMG]
     
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  11. keinehabe

    keinehabe Supreme Member

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    old pic but true ;))