Comments on: Feb ’09 Paypal withdrawal delayed to Indian banks! http://corpocrat.com/2009/03/04/feb-09-paypal-withdrawal-delayed-to-indian-banks/ Daily Blog from Internet Entrepreneur/Webmaster Fri, 30 Jul 2010 03:24:48 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Anirudh K. Mahant http://corpocrat.com/2009/03/04/feb-09-paypal-withdrawal-delayed-to-indian-banks/#comment-7790 Anirudh K. Mahant Thu, 29 Jul 2010 07:20:50 +0000 http://corpocrat.com/2009/03/04/feb-09-paypal-withdrawal-delayed-to-indian-banks/#comment-7790 YET AGAIN PAYPAL IS STOPPING ELECTRONIC FUNDS TRANSFER BEWARE GUYS……… WITHDRAW YOUR FUNDS NOW!!!!! Orig article at PayPal offcourse you gotta take the pain in the rear to find it your self: https://www.thepaypalblog.com/2010/07/update-on-paypal-accounts-for-india-users/ ———————— Hello Zoe, Good morning. I wanted to make sure you aware of a notification that was sent yesterday to customer’s in India. I have included the notification below. In accordance with regulatory instructions, we would like to notify you about a change in our withdrawal functionality in India starting on August 1, 2010. At present you can request for either an electronic or cheque withdrawal of funds from your PayPal account if you are an India user. From July 29, 2010 onwards, you will only be able to request for a cheque withdrawal of funds from your PayPal account. While we are working hard to restore the electronic withdrawal service, in the meantime, we are bringing this matter to your attention so that you can plan your future withdrawal activities accordingly. To request for a cheque withdrawal: 1. Log into your PayPal account, click on ‘Withdraw’. 2. Click on the ‘Request a cheque from PayPal’ link. 3. Enter the withdrawal amount and select your mailing address, then click ‘Continue’. 4. Click ‘Submit’ to confirm your request. In order to help you with this change and until further notice, we will refund the $5 USD cheque withdrawal fee to you for cheque withdrawals made on July 29, 2010 onwards. For any questions, please log into your PayPal account and click ‘Contact Us’ at the bottom of the page. We apologize for any inconvenience caused from this change in our withdrawal functionality. We will provide ongoing updates to you here. We thank you for your attention and patience as we work tirelessly to resolve this situation as quickly as possible. Please let me know if you have any questions regarding this change. Sincerely, Carolyn Anderson / Merchant Account Manager direct 866-923-3778 / cell 402.960.9871 fax 303.395.2821 office hours 7:30 AM – 4:00 PM CST Monday – Friday YET AGAIN PAYPAL IS STOPPING ELECTRONIC FUNDS TRANSFER BEWARE GUYS……… WITHDRAW YOUR FUNDS NOW!!!!!

Orig article at PayPal offcourse you gotta take the pain in the rear to find it your self:

https://www.thepaypalblog.com/2010/07/update-on-paypal-accounts-for-india-users/

————————

Hello Zoe,

Good morning.

I wanted to make sure you aware of a notification that was sent yesterday to customer’s in India. I have included the notification below.

In accordance with regulatory instructions, we would like to notify you about a change in our withdrawal functionality in India starting on August 1, 2010. At present you can request for either an electronic or cheque withdrawal of funds from your PayPal account if you are an India user.

From July 29, 2010 onwards, you will only be able to request for a cheque withdrawal of funds from your PayPal account.

While we are working hard to restore the electronic withdrawal service, in the meantime, we are bringing this matter to your attention so that you can plan your future withdrawal activities accordingly.

To request for a cheque withdrawal:

1. Log into your PayPal account, click on ‘Withdraw’.

2. Click on the ‘Request a cheque from PayPal’ link.

3. Enter the withdrawal amount and select your mailing address, then click ‘Continue’.

4. Click ‘Submit’ to confirm your request.

In order to help you with this change and until further notice, we will refund the $5 USD cheque withdrawal fee to you for cheque withdrawals made on July 29, 2010 onwards.

For any questions, please log into your PayPal account and click ‘Contact Us’ at the bottom of the page.

We apologize for any inconvenience caused from this change in our withdrawal functionality. We will provide ongoing updates to you here. We thank you for your attention and patience as we work tirelessly to resolve this situation as quickly as possible.

Please let me know if you have any questions regarding this change.

Sincerely,

Carolyn Anderson / Merchant Account Manager
direct 866-923-3778 / cell 402.960.9871
fax 303.395.2821
office hours 7:30 AM – 4:00 PM CST Monday – Friday

]]> By: Anirudh K. Mahant http://corpocrat.com/2009/03/04/feb-09-paypal-withdrawal-delayed-to-indian-banks/#comment-7093 Anirudh K. Mahant Sat, 27 Feb 2010 13:45:37 +0000 http://corpocrat.com/2009/03/04/feb-09-paypal-withdrawal-delayed-to-indian-banks/#comment-7093 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 pure frustrating, destroying trust & 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. 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 pure frustrating, destroying trust & 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.

]]> By: pbu http://corpocrat.com/2009/03/04/feb-09-paypal-withdrawal-delayed-to-indian-banks/#comment-6982 pbu Wed, 03 Feb 2010 13:45:42 +0000 http://corpocrat.com/2009/03/04/feb-09-paypal-withdrawal-delayed-to-indian-banks/#comment-6982 Now its 2 FEB 2010, the same withdrawal problem to indian banks is popped up again. many indian users have been complaining of not receiving their money in their indian banks. Now its 2 FEB 2010, the same withdrawal problem to indian banks is popped up again. many indian users have been complaining of not receiving their money in their indian banks.

]]> By: Vikas http://corpocrat.com/2009/03/04/feb-09-paypal-withdrawal-delayed-to-indian-banks/#comment-3077 Vikas Thu, 05 Mar 2009 20:09:49 +0000 http://corpocrat.com/2009/03/04/feb-09-paypal-withdrawal-delayed-to-indian-banks/#comment-3077 I was also having the same problem wherein money which was transferred on Feb 20th and has not reached my Indian Bank Account. Paypal customer service is worst- they just keep routing here and there and finally they told it is a known problem and will be resolved within 7-10 days. Lets hope for the Best. I was also having the same problem wherein money which was transferred on Feb 20th and has not reached my Indian Bank Account.

Paypal customer service is worst- they just keep routing here and there and finally they told it is a known problem and will be resolved within 7-10 days.

Lets hope for the Best.

]]> By: Tarakesh http://corpocrat.com/2009/03/04/feb-09-paypal-withdrawal-delayed-to-indian-banks/#comment-3062 Tarakesh Thu, 05 Mar 2009 19:10:42 +0000 http://corpocrat.com/2009/03/04/feb-09-paypal-withdrawal-delayed-to-indian-banks/#comment-3062 I have made 2 withdrawals on Feb 19, but still no clue. I mailed to paypal team and the repy is " Thank you for providing me the specifics of your impacted transaction. PayPal is aware of the situation and is working to resolve it as quickly as possible. We have an internal report on accounts that are affected and I have added your information to the report so that your specific concern can be addressed as part of the resolution of the matter." I wonder whats the problem I have made 2 withdrawals on Feb 19, but still no clue. I mailed to paypal team and the repy is

” Thank you for providing me the specifics of your impacted transaction. PayPal is aware of the situation and is working to resolve it as quickly as possible. We have an internal report on accounts that are affected and I have added your information to the report so that your specific concern can be addressed as part of the resolution of the matter.”

I wonder whats the problem

]]> By: pbu http://corpocrat.com/2009/03/04/feb-09-paypal-withdrawal-delayed-to-indian-banks/#comment-3043 pbu Thu, 05 Mar 2009 09:39:58 +0000 http://corpocrat.com/2009/03/04/feb-09-paypal-withdrawal-delayed-to-indian-banks/#comment-3043 Paypal is aware of the situation and i believe a glitch in their system causing this. They have asked for 14days to do a trace and after trace they will locate the exact problem. Just give them time. Paypal is aware of the situation and i believe a glitch in their system causing this. They have asked for 14days to do a trace and after trace they will locate the exact problem. Just give them time.

]]> By: Aamirisphoney http://corpocrat.com/2009/03/04/feb-09-paypal-withdrawal-delayed-to-indian-banks/#comment-3042 Aamirisphoney Thu, 05 Mar 2009 05:54:19 +0000 http://corpocrat.com/2009/03/04/feb-09-paypal-withdrawal-delayed-to-indian-banks/#comment-3042 It is a huge problem now even withdrawals initiated on 18 Feb have not come into Indian banks by 5th March. it is not just webmasters but all users of paypal based in India. What is painful and what makes all angry is paypal just does not bother to send any clarifications. People are now afraid that paypal is broke and will not send any money at all. That is a frightening situation. It is a huge problem now even withdrawals initiated on 18 Feb have not come into Indian banks by 5th March. it is not just webmasters but all users of paypal based in India. What is painful and what makes all angry is paypal just does not bother to send any clarifications. People are now afraid that paypal is broke and will not send any money at all. That is a frightening situation.

]]>