Who do you think gains if PayPal stops Indians from using PayPal?
By Wismay
@Wismay (2037)
India
February 5, 2010 7:51am CST
Hi Friends,
I observed that many members are complaining about PayPal not allowing Personal Account Payments. Don't know whether that is the same with Business Account Payments but it does seem a bit harsh as it was implemented without any notification.
I think, PayPal might come out with a fee for personal Payments too. PayPal already CHARGES 0.36+0.40 JPY for Japanese for personal payments.
PayPal might want to charge something like that to Indians. So they might be mulling over it.
Or there must be something political or economical reason that deals with Paypal trade transactions.
Whatever the reason, if PayPal stops Indians from using PayPal who do you think is going to lose?
And I guess other Payment Processors like Neteller, Alertpay, Perfect Pay, Liberty Reserve might gain if PayPal is unable to process personal payments for Indian Users.
only problem is those who have large sums of amount int their PayPal account need to wait patiently till they take some decision on this matter.
Happy Mylotting!
4 responses
@rohitbalodi (61)
• India
5 Feb 10
Yes,this is bad on the part of paypal as they charge high fees and still they are not allowing us(indians)
@charma1981 (100)
• Indonesia
5 Feb 10
I personally never had problems with paypal, but they do charge high fee. Some of my forum friends are from India, but they never said anything about a problem with paypal. They do sometimes complain about the fee. Maybe I'll go ask to confirm.
@Wismay (2037)
• India
5 Feb 10
Till now I too didn't have any problems with PayPal. Now it seems that they have stopped transaction for Indians. To and From. They should clarify their stand on this matter soon. That will help others to switch over to other payment processors.
Happy Mylotting!
@yugasini (12836)
• Anantapur, India
6 Feb 10
hi wismay,
first time i am hereing like this about paypal,now i have to withdraw more than 50 dollars from paypal to my local bank account,i do not know what will happen,it is better to withdraw that amount first i think?you are correct if paypal continue like this the other may gain the opportunity by alertpay,perfectpay liberty reserve and neteller,i think now paypal is leading then the paypal have loose that catogory ,have a nice day
@Bellerophon (539)
• United States
5 Feb 10
My Mom is part Sue Indian I should call her to find out if she is having any trouble with paypal, thanks for the heads up.
