In a move that has shocked the whole Indian webmaster community, Paypal Inc. has decided to block and ban all Indian payments, whether its incoming or outgoing. The only ones spared are those selling goods. If you are affected by this sudden decision , Paypal would have sent you an email that read something like :
Hello Mr. XYZ,
Your payment of [amount] has been sent back to the sender of the payment.
We reversed this payment because we have stopped allowing personal payments to be sent to or from India.
If this was a payment for a purchase of goods or services, and not a personal payment, then you may contact the buyer and have him or her resend the payment as follows: (a) click the Send Money tab, (b) select "Goods," and (c) provide a shipping address.
If this payment was a personal payment such as a gift, then we have requested that the sender find another payment method until we restore personal payments to and from India.
We are trying to resolve this issue as quickly as possible and we’re sorry for
any inconvenience.Thank you,
PayPal
No one really knows what Paypal is upto, there are rumours that its a regulatory issue, there are rumours that its a technical issue and further rumours that its an issue due to large number of scams being done in the market.
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