Paypal Update - More restrictions on Indian customers

[greatseeder]

A friend of mine said he needs to take all the money out of his account before a certain date which I can't remember.
Sounds to me PayPal is going to give up on Indian users

[z3r04cc355]

Im also able 2 send monay
I made many purchases and sent money in past 2 days.
So, is it safe? There won't be any problems after some days? My payment is send and completed and also, my order has been dispatched too...

[DJGaurav]

Those who cant send money try tell the other account holder to send a request to your id and then try paying him

[CJ]

Best Option : Just empty ur PPs for now. Then would see what we can do. Just withdraw the money.

[kiddo]

Im also able 2 send monay
I made many purchases and sent money in past 2 days.
So, is it safe? There won't be any problems after some days? My payment is send and completed and also, my order has been dispatched too...

The money you used to purchase stuff, where did you get it from? If its from your CC then nothing to worry about. If you got that money from selling goods or services then there could be a problem mate. However there is a factor called luck which often comes into picture. So it all depends.

[n4pst3r]

I am still wondering what if i ll not withdraw within 30days...i have about 600$ in my verified account..

[fanobliv]

This is great news for the online world, ty ty paypal.

[wtg]

UK Policy Update E-mail received today:

?Amendment to the PayPal User Agreement
1.Fees

Section 8 is being amended to clarify that you cannot send personal transaction payments to Indian registered Accounts.
The second paragraph of section 8 has been amended to now read as follows:

?Please also note that:

a. you cannot send money for a PayPal personal transaction from some countries, including Germany or China; and
b. you cannot send personal transaction payments to Indian registered Accounts.?

2.Restricted Activities

A new Section 9.1.ff is being added to make it a restricted activity to request or send personal transaction payments for commercial transactions. Section 9.1ff will read as follows (presented in context with its root clauses):

?9.1 Restricted Activities. In connection with your use of our website, your Account, or the Services, or in the course of your interactions with PayPal, a User or a third party, you will not:

ff. Request or send a personal transaction payment for a commercial transaction.?

Clamping down on Indian, and other countries accounts here now

[so19]

Paypal is extremely strict and mean. If they were a dictator we would all hate our lives, and they basically are over the online money market.

If you go and read their terms for suspended accounts, it's scary. They threaten to report you and take away everything.

With all that said, it's the only one I trust but moneybookers is pretty good too.

[kiddo]

UK Policy Update E-mail received today:

?Amendment to the PayPal User Agreement
1.Fees

Section 8 is being amended to clarify that you cannot send personal transaction payments to Indian registered Accounts.
The second paragraph of section 8 has been amended to now read as follows:

?Please also note that:

a. you cannot send money for a PayPal personal transaction from some countries, including Germany or China; and
b. you cannot send personal transaction payments to Indian registered Accounts.?

2.Restricted Activities

A new Section 9.1.ff is being added to make it a restricted activity to request or send personal transaction payments for commercial transactions. Section 9.1ff will read as follows (presented in context with its root clauses):

?9.1 Restricted Activities. In connection with your use of our website, your Account, or the Services, or in the course of your interactions with PayPal, a User or a third party, you will not:

ff. Request or send a personal transaction payment for a commercial transaction.?

Clamping down on Indian, and other countries accounts here now

Thanks for sharing the updates mate. Appreciate it.