paypal-india

$500 Limit Lifted For PayPal Users In India; RBI’s Gift To Exporters This Diwali

by | posted: October 17, 2011
PayPal India has announced that Reserve Bank of India has enhanced the value per transaction for export-related remittances to $3,000 against the existing $500 per transaction. Worldwide, Paypal, has...
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Daily Withdrawal Of Funds Made Compulsory For Indian Paypal Users

by | posted: September 19, 2011
Internationally, Paypal has pretty much been accepted as the de-facto method of transferring money. It is hassle free, recognized globally, and most importantly it masks your credit card details from the...
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RBI’s New Guidelines For PayPal: Purpose Code, PAN And Bank Account

by | posted: May 9, 2011
We had reported earlier that PayPal was staying in India despite RBI (Reserve Bank Of India) guidelines. Today we were informed yet another notification released by RBI for all PayPal users in India. These...
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Paypal To Grow Via Asia Route – India A Part Of The Plan?

by | posted: March 18, 2010
Paypal is looking for growth in Asia as the next level for their company states a new announcement by their CEO. Infact Asia is the fastest growing market for the online payment solution provider. PayPals...
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Paypal Resumes Withdrawals To India Though Purpose Code (Not IEC) Required For The Same

by | posted: March 2, 2010
As most know by now Paypal had blocked payments to Indian banks and users as per directive from RBI. Now it has announced that the paypal payments i.e. withdrawals to Indian banks will be back on 3rd March...
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Paypal India Block Leaves IT Guys High & Dry – Need For An Indian Paypal?

by | posted: February 6, 2010
Update: Check out paypal’s purpose codes for freelancers and IT professionals here. Paypal the online payments system has stopped working for India payments to and from. This has caused a lot of...
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