Pay pal problems for Indians.
@rameshkumaar57 (5908)
India
February 14, 2010 10:21am CST
This is for Indian members only. Since paypal is having problems with the Reserve Bank of India, how many of you are going to stay and continue in mylot. I know a lot of members are there in mylot only for the money, and a few are there for the knowledge, information, and fun. As for me, all the money, which I have earned, including the one which I have received yesterday is still lying in my paypal account. What about you?
2 people like this
7 responses
@vanitasuri (343)
• India
14 Feb 10
Hello Ramesh,
Though I have earned only $1.50 in mylot account, but I do have $106 in my pay pal account which I have earned from some other community and till date i have not taken them out. Pls do tell me about this problem of RBI and what are yr plans in withdrawing yr money.
1 person likes this
@rameshkumaar57 (5908)
• India
14 Feb 10
Well vanitasuri, we just have to wait patiently. You know how our bureaucrats work.I think it will take several months for this problem to be solved.There has been a lot of blogs, written on this problem, and you can read these blogs, and get a much better view on this.
I do not have any plans on withdrawing my money for the time being, and I am just going to wait till the problem is solved. $106 is quite a big amount, but we are helpless. We just have to wait.
1 person likes this
@srganesh (6340)
• India
15 Feb 10
ramesh!Paypal is working on this issue seriously.So,we need not worry about the money there.Yet,I don't hesitate to say that I was a bit depressed when I happened to know this problem and I can't mylot actively like before for two days.Now,I am in the right mood and playing it swiftly.
If you still want to utilize that money,you can purchase something from ebay.
1 person likes this
@rameshkumaar57 (5908)
• India
15 Feb 10
Only ebay international accepts paypal, and our local ebay does not accept paypal,and they accept only paisa pay.Let me know how to do this.
You have mentioned that you were depressed about this news, did you have a lot of money in paypay?
1 person likes this
@kiran8 (15348)
• Mangalore, India
16 Feb 10
Hi ramesh, I too have been thinking about this issue .My earnings too are there in paypal, but this month although i had reached payout here I incresed my minimum amount to 25 dollars , because was not sure what would happen.My money sent from another site was sent back by paypal...I do hope that some solution is found and we are able to transfer our money to our accounts without any hitch...As of now, there is nothing else to do but wait
@rameshkumaar57 (5908)
• India
16 Feb 10
Fortunately, Paypal still accepts the money from mylot, and I have received the payout which is the usual minimum amount of $10.Of course my total earnings are still in paypal, and I hope they resolve this problem as early as possible, or otherwise, they pay us in cheque.What is the other site,which pay has not accepted the money from? I know that they have stopped taking money from Upbux. Is it Upbux or some other site ?
@msfrancisco9369 (10002)
• Boston, Massachusetts
17 Feb 10
Hi Ramesh,
I learned from another discussion that mylot will do something about this concern and for you guys not to worry about it. maybe it will be best if you ask admin any update about this or how you guys will do about this issue. good luck. it's yours and you will receive it in time.
@rameshkumaar57 (5908)
• India
17 Feb 10
Thanks for the nice words msfrancisco. I am not much bothered about the money which I have in my paypal account. It is only about $50, or so. The problem is, this kind of money is quite big for people like students and house wives, who depend upon this money. I feel for them, and I hope at least for their sake pay pal makes up with the Indian government.
1 person likes this
@msfrancisco9369 (10002)
• Boston, Massachusetts
17 Feb 10
i know what you mean friend. that's really a lot of money. you worked hard for it so it's just proper that this really be responded to by those concerned. i admire you for being so caring with your fellowmen who's in mylot! cheers.
@rameshkumaar57 (5908)
• India
14 Feb 10
Of course I am going to wait till the problem is solved, and I also going to continue in mylot.
1 person likes this
@skysuccess (8858)
• Singapore
15 Feb 10
rameshkumaar57,
I wonder if you have been aware, when the problem is between Paypal India and the monetary regulators in India. The ban should be lifted, once Paypal have completed the necessary documentations with the regulators.
Just be patient.
Have a nice day.
