Paypal reversal problem.. Half solved ..
February 8, 2010 11:41pm CST
hi guys from few sources i have heard that paypal has stopped reversing the transaction made to indian account. few site owners like neobux , upbux and other have started doin payments to indian people and the transaction were not reversed. few admins said that they did mass payments and the transaction were not reversed by paypal. Though there has been no comfirmation from paypal side still, but still admins said that they can pay indian members now. Anyways other thing is there is no news about withdrawal to indian banks. i would still suggest you guys to wait for the official comfirmation from paypal beofre withdrawing making any payments to anyone. Regards
9 Feb 10
Hi, this is really a good news , as I was really worried after reading all such discussions and personal experiences of the members. This was really tough time as paypal was my first choise as mode of payment and it was more easier and cheaper for withdrawing the amount in our local bank. I was accepting the payout from trekpay on coming thrusday, hopefully it should not get reverted like others. Waiting for confirmation from paypal and keep updating if you guys have any news about the same. Thanks for sharing the latest updates.
9 Feb 10
Hey guys, any of you know about ways by which we might still transfer money from PayPal to banks? Just to be clear, I am talking about legal methods. Any workarounds which actually work? And I am kinda new to this Paypal thing, so how actually do I go about transferring money from PayPal to a bank account? what sort of bank account do I need to have? and is there any sort of a transaction fee which I have to shell out to Paypal?
9 Feb 10
It is a good news. Many Indians have account with paypal. All are keeping their fingers crossed and worriedly watching the situation. I hope Paypal will understand this confusion of it's Indian members and solve the problem soon and allow us to have a sigh relief.