PayPal stopped personal payments of Indian users in India.But now the
everything is back because PayPal is restoring money which was on hold for bank withdrawal.
Read the official announcement of Paypal:
Hi blog readers, it’s Anuj from the communications team here.
I’m writing to let you know that personal payments to and from India and transfers to local banks in India have been suspended while we work with our business partners and other stakeholders to address questions they have about the service.
During this time, customers can still make commercial payments to India but merchants cannot withdraw funds in Rupees to local Indian banks.
We’re trying to resolve the situation as quickly as possible and we’re really sorry for the inconvenience that this may cause our customers in India and around the world.
I’ll update the blog as soon as we have more information to share.
PayPal has solved the issue,PayPal is restoring money which was on hold for bank withdrawal.
But many Indian users are blaming Paypal for transaction scam.They lost transaction charged amount without doing anything wrong.
Harsh Agrwal Says:
"); } //OBEND:do_NOT_remove_this_comment //-->In few days I lost almost 130$+ without doing anything wrong. And this is not only me but also other users are facing the same issue.
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{ 8 comments… read them below or add one }
It does seem that PayPal didn’t handle things as well as they could have. Hopefully everything works out well for you all.
Tom | Build That List´s last blog ..Do Your Dreams Pass The ‘Wet Manure’ Test?
I read the entire post of Harsh regarding this issue, and I really felt bad about it. I’m not sure if we can call this a white mask scam. But, what paypal did was really something ridiculous. We just hope Paypal can resolve the issue to maintain its credibility.
Cebu Tech Blogger´s last blog ..Microsoft Office 2010 RC Torrent Download
maybe they have some problem of their own..

but i never have problem before lucky me
izzat aziz´s last blog ..Blog redesign, and more
What happened? It’s a shame i didn’t get the whole story clearly but i am glad it’s all back in the business.. The people who have lost their money because of the issue should be solved.. they should give them the money that was lost..
Sarah´s last blog ..Mobile Phone Free Wii
It sounds like discrimination. I wonder what could be a reason of it.
PS. It’s my first time here. Your blog looks great!
iWoodpecker´s last blog ..Let This Girl Survive – A Lump of Ice Fell on Her Head Right From the Roof of Multi-Floored Building – on 5th February, 2010
I lost $30 in this scam. They should inform us before doing it but they don’t. Hope they will fix this issue soon for all.
Arafat Hossain Piyada´s last blog ..7 top social website for sport’s fans and addicts
Paypal should not have done this but as far as we are concerned they have refunded most of their money…
Recent issues with PayPal withdrawals to Indian Banks & more over payments just randomly being reversed back to the senders will have a deep impact on PayPal’s reputation. It raises so many questions like (THIS MIGHT CONTAIN SPOILERS):
A) Should we trust PayPal in future?
ANS: ABSOLUTELY NO
B) Are they really concerned about our Money?
ANS: ABSOLUTELY NO, After a long period of two weeks we receive an apology letter stating that “We are sorry we goofed up opps!”? and stuff like “Your money just got sacked since this is nothing serious to us we are just doing a drill of playing a game with your hard earned money”?
C) Is RBI responsible for this?
ANS: UNQUESTIONABLY MAYBE, So, Question is why this is happening in India and nowhere else? Question is why we are being kept behind curtains and dark? Question is why Moneybookers and other Payment systems are working but PayPal is not? you just want to exclude the RBI out of this since they are least concerned with us. Everyone failed here! RBI off course you cant expect them to give you a comforting truth so a comforting lie should suffice you! And PayPal Ow man no shit a multinational company failing to inform and notify of an issue of this magnitude. That was an AWESOME combination of purely frustrating, destroying & spreading chaos.
D) So what does PayPal tell us now?
ANS: “We are sorry, but your valuable to us so please give us another opportunity to goof up and play some more engaging games with your money” and “We just love to make more profits by giving you a pathetic exchange rate”
D) What now?
ANS: DTA (Don’t Trust Anyone) Get your sleeves up against them and find your own ways to get paid over any other medium that serves better, communicates better and keep them in plenty. If one fails other should work out.
Ive let all my clients know about this issue and advised them (in advance unlike PayPal) to switch over to some other Payment system which is reliable, responsible and does the main thing “ACTION” at PAR. The truth will probably be dead and berried RIP about what happened because the shame and disgust they bring upon themselves is apocalyptic now.