Results 101 to 125 of 346
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02-27-2011, 12:16 AM #101Temporarily Suspended
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There are many other payment gateways though, of which accepts international payments and receive payments!
0
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02-27-2011, 02:07 AM #102Disabled
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what will happen if we do not withdraw our money to bank within 10 days with paypal?
I also have a client doing a paypal dispute with me at the moment..what may happen ?
looks like a new policy will coem this March!0
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02-27-2011, 04:12 AM #103Web Hosting Guru
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You can transfer the funds even for as low of a $1.00.
Read more: http://bizcovering.com/business/payp...#ixzz1F92e1X4s█▌Subodh Manikoth [Netmagics.com - In Business Since 2007]
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02-27-2011, 10:21 AM #104Web Hosting Master
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Hi
What will happen to the auto-payments/paypal subscriptions ?███ SunShell™ Hosting
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02-27-2011, 10:25 AM #105Web Hosting Master
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Lol, we will be having atleast 20+ transactions a month in our bank account if we are receiving paypal amounts everyday.
You can transfer the funds even for as low of a $1.00. However if you get paid $1 from some site, with the current system of fees, if you get to transfer the amount to you bank account, a sum of INR 50 will be deducted from the amount, which is ridiculous. With an exchange rate of say, INR 43.7 the transaction will result in negative balance in your account.
Last edited by SunShellHosting; 02-27-2011 at 10:39 AM.
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02-27-2011, 11:22 AM #106Web Hosting Master
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Any other alternatives ?
If you steal from one author, it’s plagiarism; if you steal from many, it’s research0
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02-28-2011, 03:20 AM #107Web Hosting Guru
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█▌Subodh Manikoth [Netmagics.com - In Business Since 2007]
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█▌99.9% Uptime SLA | 30 Days Money Back | 24x7 Live Support
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02-28-2011, 05:06 AM #108Web Hosting Master
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2CO, Moneybookers, Alertpay, Google Checkout, etc██ Website Hosting Mumbai | Web Hosting India
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02-28-2011, 09:57 AM #109Web Hosting Master
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02-28-2011, 10:30 AM #110Web Hosting Evangelist
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Everyone posting the question but no one knows the answer.
Tomorrow everyone get's the answer.0
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03-01-2011, 11:53 AM #111Web Hosting Master
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Hi
Anybody got their account limited or got any mail from paypal ? I just did an online transfer of the money from the available paypal balance███ SunShell™ Hosting
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03-01-2011, 11:56 AM #112Web Hosting Master
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03-01-2011, 12:27 PM #113Always Learning...
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03-02-2011, 08:18 PM #114Always Learning...
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Okay I too paid from my paypal balance today, all went fine.
But I think there was a difference in the wordings, I may be confused so any one of you can confirm.
Previously it mentioned payment method "Paypal Balance" and today it said "USD Balance" do you guys/gals think my observation is correct or my brain playing tricks after working over time for two days of setting up a new server and doing migrations.
If it indeed is a change from "Paypal Balance" to "USD Balance" then I think they found a new hole in the RBI guide linesVinsar.Net - Quality Web Hosting at Economical Price on USA & European Servers
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03-02-2011, 09:26 PM #115Web Hosting Master
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03-02-2011, 10:47 PM #116Always Learning...
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Well when I made a payment early in the morning of 1st of March, it was "Paypal Balance" but today it was "USD Balance" this is what caught my attention, but thought I must be imagining things. Bust now you also confirmed that it was "Paypal Balance" earlier.
I can't explain what workaround they found or how they managed, but it is for sure they have some trick up their sleeves. Otherwise why would they let go of funds stored with them on which they are enjoying liquidity, which they can invest at more profitable places and have control over. Paying you within 7 days means how will they get funds from you in case of a dispute or charge back.Vinsar.Net - Quality Web Hosting at Economical Price on USA & European Servers
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03-02-2011, 10:49 PM #117Web Hosting Master
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Just curious to know what will happen with our accounts!
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03-03-2011, 03:56 AM #118Web Hosting Master
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Login prompt says:
Any balance in and all future payments into your PayPal account may not be used to buy goods or services and must be transferred to your bank account in India within 7 days from the receipt of confirmation from the buyer in respect of the goods or services;
I hope they do this, move to a country like Luxembourg where there is no export-control. They should enable SWIFT wire-transfers then, like MoneyBookers.
If you notice, MB is not effected by this because of SWIFT wire-transfers. When you make a withdrawal of more than 500 USD, it is your duty then to notify RBI of that payment. MB is not required to share any of its details to RBI since they are not connected with India in anyway.
India is still a 'developing' nation. Export control is definitely bad for a nation such as ours for any growth.0
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03-03-2011, 04:40 AM #119Web Hosting Master
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Hi guys,
Just logged in to my account and I saw following notice
With effect from 1 March 2011, you are required to comply with the requirements set out in the notification of the Reserve Bank of India governing the processing and settlement of export-related receipts facilitated by online payment gateways ("RBI Guidelines").
- Any balance in and all future payments into your PayPal account may not be used to buy goods or services and must be transferred to your bank account in India within 7 days from the receipt of confirmation from the buyer in respect of the goods or services; and
- Export-related payments for goods and services into your PayPal account may not exceed US$500 per transaction. Click here to learn more.
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03-03-2011, 09:23 AM #120Web Hosting Master
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03-03-2011, 09:42 AM #121Web Hosting Guru
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█▌Subodh Manikoth [Netmagics.com - In Business Since 2007]
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█▌99.9% Uptime SLA | 30 Days Money Back | 24x7 Live Support
█▌Payment Methods: PayPal/Credit Card, Indian ATM/Debit Cards/NetBanking, Bank Deposit0
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03-03-2011, 09:44 AM #122Web Hosting Master
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03-03-2011, 09:50 AM #123Web Hosting Master
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Is this a new paypal account ?
It is not showing for me.██ Website Hosting Mumbai | Web Hosting India
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03-03-2011, 10:53 AM #124Web Hosting Evangelist
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My paypal account is 6 years old and this is Business Account.
I am still seeing Paypal Balance which is other mentioning as USD Balance and also seeing the notification everytime when i login.
Same is applied to my personal paypal account which is 2 years old.0
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03-03-2011, 10:58 AM #125Web Hosting Master
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