I'm confused! Paypal is behaving like a girl who has not made up her mind!

Hi babyface, I am no better than the rest! Ordinary soul! Average person! Actually the mail posted by Pay Pal clearly showed that they'd stopped personal transactions to and fro India. Note that Pay Pal account is not in India, and therefore the amounts received into and sent out from Pay Pal do not qualify for such ill treatment. So I did send a mail to them to that effect. But that does not mean that I should be the only demon who is entitled to such benefit! Can you all please check your account and let me know if the credits that were reversed have been credited again! Thanks for your time babyface. LOL.

Hi Daliaj, I hope so too. :) I think instead of targetting transactions to and fro from India, they went ahead and clamped the rules on all transactions relating to Indians! Now they seem to have come to their senses. he he.

Kala I have this account for more than six months now. Test credit and debit for verification now! When I've already withdrawn monies before? Well, what can I say? They are the boss. :(

No Vandana! Was yours a verified account or an unverified account earlier?Earlier we were given the facility of having our accounts verified by giving our credit card details.This verification facilitated an increase in withdrawal limits[that is --while the amount that can be withdrawn for an unverified account is only 500 usd it can be more for a verified account.] So, if you had already given your credit card details then this modus operandi sounds strange but on the other hand if yours were an unverified account, then this is a new procedure--instead of giving credit card details they are probably verifying it this way/

I dont use credit cards, I dont buy anything. :) All I do is transfer from this account to that. LOL. The amount does not exceed 500 dollars. So I really do not know why they are "verifying".

Aunt V, you know what. It's getting to be really strange now that you have explained it. And I saw another discussion from a user whom I think is from India as well and he is having problems with his paypal account too. Like why is this happening? I'm pretty anxious to know as well, because if it happens just like that, I'm starting to wonder as well. I mean, online earnings are crucial, and if it's lost just like that or bounced back whatever and etc, that's going to be very troublesome. I hope paypal contacts you sooner and there will be an answer to this all or something.

Hi zed, thanks for the concern. :) But I think there are not many who are solely dependent on online earnings. Even if they are, they may be having accounts with more than one online bank. :) For me this is a time pass. :) Something that keeps my hands away from my mouth, and improves my knowledge. :) As to Pay Pal - I believe it is something to do with RBI's instructions. May be RBI has come up with some stipulations relating to money leaving and coming into India. I dont know for sure. May be Pay Pal would be asked to comply with some conditions, like furnishing IT codes (PAN) of the persons. Since the problem is specifically related to Indians, I believe it may be an institution at our end. It will take time but it should be sorted in a few months time. :) I dont have any issues. Worst come worst served, I will have some monies to give gifts to my friends abroad. :) he he.

Hi zed, papyal has suspended personal payments, and payments to and fro India. I have been using this account for the last seven months or so. I have received monies and sent monies from it. I have also withdrawn some amounts. So the question of verification at this late stage seems strange, though no procedure as such was carried out for verification. I did write to them, but they have not clarified. The last credit is after I wrote to them!

Hi msfranciso, I hope it doesnt happen as well! It has something to do with our central bank I suppose. In any event, I think paypal would intimate alternate means for collecting the monies already in accounts if the problem is not resolved. :) The online bank has a reputation to maintain. :)

Well, may be god wants to give us more than our share of hard work! LOL. May be INR will increase in value, bringing in more than what we expected. :) Its ok. Pay Pal is not going anywhere! At the worst, the bank will send the monies through check to the addresses already furnished. So I am not really concerned. :)

If Pay Pal fees seem to be exorbitant, we need to identify alternate account I suppose! Now you enlighten me sunny boy!

yeah L2E has sent the amount again this time he has sent it under goods category and i think they have deducted a fee of 36 cents which is really high:(

Hi Buchi_bulla, I think this is a temporary glitch. May be RBI is preventing local people from using Indian monies to buy things abroad. Recently RBI did try to tighten liquidity situation in the country. I am presuming it is that. However, I am not sure to what I owe that reverse of reversal entry. :) I just wanted to confirm if anybody else has come across such reverse of debits. :)

I've never had any issues with mylot. They've been prompt and perfect with me. It is Pay Pal. And even then, I dont think I would like to use the term issue as yet, because Pay Pal did say they are trying to solve the problems. I am hoping for a favorable outcome. :)

hi vandana madam and life, thanks for the comments,i am not panic,i will with draw the cash from paypal in next month,when it cross 70 dollars,may be i may utilise this amount for bsnl broadband connection,this tataindicam connection is very very late,have a nice day to both of you

Hi Yugasini! There is no rush. Dont panic. Even when chips are down, we will have a way out. So dont rush to withdraw your monies - as yet. :) Take care. :)

Yes. But I am sure the issue will be resolved soon enough! :) I hope it never happens to anybody else. :) Keep a watch, and thanks for your concern. :)

I cant exactly tell you the status of withdrawal as it is not yet a fortnight since I gave an order for withdrawal of a small amount from my paypal account. I hope to hear from them soon enough. :) Dont worry, they will let us know something soon enough. :)

Well, you thank mylot from the bottom of your heart, and I will thank it from rest of the heart, if it has managed to intervene. LOL. But I think mylot is just one of the clients! I dont think mylot could have influenced such a crucial decision! I think there must have been an error in interpretation! If you'd noticed the mail that Binthu pasted clearly mentioned money flowing to and fro India. Now, if paypal is receiving monies from Philippines how would amount to and fro India. Some smart alec pointed it out, and sheepishly paypal has back tracked. Or is it? he he. Wait and watch. :)

If we as individuals can interact with paypal myLot will surely have a bigger say. Whatever be it I am glad that they have reversed the decision in your case. Let's keep our fingers crossed.

The trouble is myLot never reverts to individuals on the action taken on whatever they appeal for keeping us guessing!