Paypal India suspends electronic withdrawals again, this time, indefinitely

Official Announcement: http://www.paypal-apac.com/India/

I tried to find out the technical reasons why PayPal and RBI weren’t getting along, but it’s not available. Most blogs simply repeat the same news with a few added rants.

already got an email yesterday and check out the monthly limit for money withdrawal using cheque for most users its around 600$ ....

I think there r some issues, hope we will know them asap, and paypal solves this issue asap

I think there r some issues, hope we will know them asap, and paypal solves this issue asap

Do you know what the exact issue is?

No i don’t know, but previously when paypal stopped its service temporarily in India it came to know that RBI asked paypal to stop until there legally regularize it.

Do you know what the exact issue is?

The right official did not get bribed enough.

If you think I’m joking or being sarcastic about that, you’re wrong. I couldn’t be more honest.

The right official did not get bribed enough. If you think I’m joking or being sarcastic about that, you’re wrong. I couldn’t be more honest.

No arguments there, you’re as right as the word “right” could define.

Do you know what the exact issue is?

The right official did not get bribed enough.

If you think I’m joking or being sarcastic about that, you’re wrong. I couldn’t be more honest.

so true lol

So what you guys are planning for withdrawal? paypal or Payoneer?

So what you guys are planning for withdrawal? paypal or Payoneer?

If paypal can increase the monthly withdrawal limit for cheques to above 1500$ per month, I think I can wait for 30 days else western union money transfer or xoom are other options…