Paypal India woes continue – suspends money withdrawal to bank account
By Manoj Govindassamy at 30 July, 2010, 9:54 am
From July 29, 2010 onwards, you will only be able to request for a cheque withdrawal of funds from your PayPal account. … In order to help you with this change and until further notice, we will refund the $5 USD cheque withdrawal fee to you for cheque withdrawals made on July 29, 2010 onwards…resumed, only partly and Paypal was ordered to implement ways to track money remittances. Following which Paypal madanted PAN numbers for Indian accounts. Glitches in PAN number verifications…
Read More >>RBI to Paypal India – Do or Die by April 30 – Why is RBI so strict ?
By Manoj Govindassamy at 23 March, 2010, 2:46 pm
Few months back, the company’s operations got into serious troubles in the country after RBI brought it down citing non-compliance to rules and regulations. …So, if Paypal not able to comply to RBI’s regulations by April 30, 2010, we can expect more outage of paypal service…
Read More >>Paypal India PAN number verification doesn’t work – screws up Indian customers more
By Manoj Govindassamy at 12 March, 2010, 10:00 am
..You will be asked for your Mobile Number and PAN number like the one you see above when you login for the first time to your India Paypal account from today. I tried keying in my mobile number and the PAN number assuming all the problems would be over in another few seconds. But, what turned put to be is still more worse. Yes, the bad days for paypal india is not over still. After keying in my PAN number, Paypal yelled at me in no time with the below screen…
Read More >>Paypal resumes Bank withdrawal service in India – only for settlement of exports goods though!
By Manoj Govindassamy at 27 February, 2010, 3:59 pm
Three weeks back, Paypal operations in India got disrupted after RBI enforced registration and licensing rules on it. Paypal being one of the most widely used online payment system, free lancers and online earners in the country got affected by this unexpected disruptions of Paypal service. In fact, it was withdrawal service from paypal account to local bank account got disabled. The company responded back quickly and been working with RBI to sort out the issues and I received an email today saying my …. of goods and services though. Still, personal remittances to India is suspended and the company is working to get this resolved in another couple of weeks…
Read More >>Twitter Storm and the companies: How Indian companies are standing up to the twitter storm
By Natraj Muthukrishnan at 6 September, 2009, 5:35 pm
Twitter is the new buzz word in the internet world. Move out youtube,orkut,facebook here comes twitter. The microblogging website launched by Jack Dorsey who started this with the mere intention of staying connected with his friends by knowing what they are doing currently. Little would he have imagined that it will become such a sensation [...]
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