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.

The problems are:
a) There was no notice
b) There seems to be no valid or credible reason (only vague things like “working with partners”). I mean what “partner” – is RBI or the Indian Government PayPal’s partner? Who else has a say in a transaction between a PayPal buyer and a PayPal seller?
c) When is it likely to be resolved?

Please join the Indian Paypal users group:
indian-paypal-users@googlegroups.com

Let’s be heard as a group.

my paypal account funds have been reversed back and my account is showing 25000 USD NEGATIVE BALANCE

feb payments plus the payment of 27th jan has also been reversed till now.

i have sent paypal fax and emails with my notice that i will take legal help in this matter as this issue has caused me mental tension and financial loss.
i want them to give me a proper response without informing without letting us know that paypal personal payments are no more allowed how can they take such action all of a sudden.

Poor piece of wok ~!