RBI’s New Guidelines For PayPal: Purpose Code, PAN And Bank Account

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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Despite RBI Ruling PayPal Positive In India Due To Growing Market

Despite it’s current problems with RBI(Reserve Bank Of India) it seems PayPal is staying in India believing the substantial growth of the country in the usage of internet and credit cards. One of...
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PayPal’s Tweaked Terms Leave Indian Users Unhappy!

If you are a PayPal user you probably received some unpleasant news from the company late on Friday night. In order to comply with RBI guidelines for processing and settlement of export related receipts...
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Is Zynga Going To Offer SMS Based Payments, Net Banking And Game Cards In India?

Zynga seems to be doing well, very well! It opened its office in India in February 2010, clearly underlining India’s importance in its long term plans. It has come a long way since the whole Indian...
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Virtual Wallets On Smartphones Soon To Become A Reality?

Do you want to use your smartphone as a credit card? It won’t be long before this happens. Google, Apple, RIM and Nokia — all are trying their best to make this a reality, as soon as possible....
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Why #WikiLeaks Is Trending On The Web But Not On Twitter

Wikileaks is being thrashed left, right and centre. Julian Assange, the founder of WikiLeaks has been arrested and held in custody for sexual crimes. The scandalous website was staying afloat with the...
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Alipay Outshines PayPal To Become The World’s Largest Payment System

If you have been thinking that PayPal is still the most popular payment system in the world, you are quite wrong. Because Alipay.com, a subsidiary of Alibaba Group, has outshone it to become the world’s...
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WWW: WAT Weekly WrapUp 25th July– 1st August 2010

This week Paypal went back and forth with its Electronic withdrawals by first taking it out for Indian users and restoring it within a couple of days. Facebook continued its struggle with security issues,...
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PayPal Electronic Withdrawal Service Resumes in India

Just three days after PayPal decided to discontinue electronic transfers in India and dismayed its Indian customers, Paypal has decided to reverse its decision. Dickson Seow from the PayPal Communications...
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Paypal India Discontinues Electronic Transfer – Withdraw Payments Via Cheques Only

Paypal had major plans to grow in Asia. Though successful in most Asian countries, India has always been a problem for Paypal. Though the online payment gateway giants have been in the country for more...
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eBay In A $3.8 Billion Lawsuit

Everyone is familiar with the online auction giant eBay. It has often happened that a small time company sues a bigger company to hog the limelight and to get a piece of its earnings. This has precisely...
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Facebook’s Deal With MOL Brings Facebook Credits Within Your Reach

Are you not able to use many Facebook applications and games because they demand credit? Well, Facebook has rolled out a smart solution for you! Facebook has partnered with a Malaysian company, MOL, allowing...
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The Future Of Content Monetization In India – Pay Per Piece Of Content?

How to monetize content especially on the web has been the bane of the digital media industry since its inception. Content may be king when it comes to attracting traffic but it certainly isn’t king...
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PayPal – Facebook Tie Up: Now Pay Facebook Credits Via PayPal

Facebook today announced a strategic partnership with PayPal as a result of which Facebook Advertisers all over the world will now be able to use PayPal to pay up for their Ad bills. This really comes...
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Diwali Shopping To Bring Gold Rush For eCommerce – PayPal Survey

The festive season is here again with a bang, as shopping freaks are swooping up already. Where do you plan to go shopping this holiday season? To a nearby store that offers Buy 2 Get 2 Free or just look...
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Google To Launch Micropayment Service – Way To Lure Publishers Or A Bigger Gambit For Payment Services?

The ongoing feud between the Newspaper publishers and Google is widely reported in media but what is largely unnoticed is the new initiatives introduced by Google to counter such issues. Google is on...
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