PayPal Re-enables Electronic Withdrawal Service in India

Hello Friends Paypal Re-Enable The Electronic Withdraw Option.Have A Look Below 

PayPal India has built quite a reputation for pulling nasty surprises out of the blue. Three days back, they suspended indefinitely electronic withdrawal services or direct deposits in India. The good news is that something changed, and PayPal has re-enabled the crucial electronic withdrawal services.

As always, PayPal’s official announcement offers little explanation and simply apologizes for any inconvenience. “We want you to know that our customers are our #1 priority and we are working non-stop to improve our service to you”, wrote Dickson Seow from PayPal’s Corporate Communications team. The previously announced $5 refund for cheque withdrawals will also be continued for Indian users.

Needless to say, these out of the blue jolts have seriously damaged PayPal’s reputation. It’s hard to imagine PayPal being happy with the current situation either. Although we don’t know what caused the latest flip-flop, I will be surprised if the Indian government and regulatory bodies didn’t have a hand to play.

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Update on PayPal accounts for India users

Hottest topic of the day...!

Paypal removing their electronic fund transfer to the Indian members from tomorrow onwards. This news is somewhat hot today. A lot of Indian members got a lot of worry by this update.Please read below..

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

We sincerely apologize in advance for any inconvenience caused from this change and 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.

Our India users can find the cheque withdrawal process here. In order to help you deal with this change and until further notice, we will refund the US$5 cheque withdrawal fee to you for cheque withdrawals made on July 29, 2010 onwards.

If you have any questions, please contact PayPal customer support by logging into your PayPal account and clicking on ‘contact us’ at the bottom of the page.

Again, 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.

So,Friends i have a lot of hope that this problem will solve quickly. If it is not solved, surely paypal will lose some Indian members, because most of them don't like check payments. I always prefer bank withdraws only. Now share about your views in this topic. Will it solved soon?

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