{"id":8431,"date":"2010-02-10T06:29:29","date_gmt":"2010-02-10T06:29:29","guid":{"rendered":"https:\/\/www.amitbhawani.com\/blog\/?p=8431"},"modified":"2010-02-10T06:29:29","modified_gmt":"2010-02-10T06:29:29","slug":"paypal-payments-problem-reversed","status":"publish","type":"post","link":"https:\/\/www.amitbhawani.com\/blog\/paypal-payments-problem-reversed\/","title":{"rendered":"Paypal Payments Problem in India – Explained"},"content":{"rendered":"

\"paypal<\/a>There have been many different issues with regards to Paypal Payments to India, Paypal to Bank Withdrawals<\/a>, Paypal Payments being refunded back to the sender and this problem has been happening from around 28th January 2010. I did have come through multiple transactions and here are few of the issues i have personally come through.<\/p>\n

\"Paypal<\/a>
Paypal Payment History<\/figcaption><\/figure>\n

As you can see in the above screenshot from 25th Jan 2010, i did have regular transactions in Paypal with payments to different parties and services and even had received payments from sponsored reviews<\/a>, but none of these were reversed.\u00a0 Effectively as per different messages and emails, the problem of Payments being refunded and also funds transferred to their Bank accounts is not being completed from the 28th Jan 2010.<\/p>\n

\"Paypal<\/a>
Paypal Payments Reversed<\/figcaption><\/figure>\n

The issues in my account started from 1st of Feb 2010, following which all the payments i had made to other parties and the ones i had received were all reversed by Paypal. Along with this the Bank Withdrawal made sometime back was also reversed and i had no other option but just to wait for this to be solved. Paypal announced that all the payments which were made using the Personal Option have been reversed and this is limited only to the Indian Paypal Users and this would be fixed soon.<\/p>\n

Here are few Answers by Anuj – Paypal Executive :<\/strong><\/p>\n

\n
    \n
  1. Why did you suspend local bank transfers and personal payments to and from India?
    \nWe temporarily suspended these services to respond to enquiries from the Indian regulators, specifically questions on whether personal payments constitute remittances into India. We\u2019re working with the regulators and our bank processing partners in India to get this resolved as quickly as we can. We realize that this is causing considerable inconvenience to our customers and I want to reassure you that this is a top priority for the leadership at PayPal<\/li>\n
  2. When will personal payments be turned back on?
    \nThe regulators recently let PayPal know about revised licensing rules that we are now actively engaged in securing. Personal payments to and from India will be suspended for at least a few months until we fully resolve the questions from the Indian regulators.<\/li>\n
  3. When will local bank withdrawals be available?
    \nCustomers should be able to withdraw their funds to a local bank within the next few days. In the meantime, we\u2019re going to restore the money into the PayPal accounts of any customers in India who have initiated a recent withdrawal, so they know that the money is safe in their accounts. Customers will also be reimbursed for any withdrawal fee charges.<\/li>\n
  4. The PayPal reversal has left me with a negative balance. What shall I do?
    \nIf you bought something or transferred money out of your PayPal account to your bank account before we reversed the payment then you may be left with a negative balance. If this was a payment for a purchase of goods or services, you should contact the sender and have him or her resend the payment as follows:
    \n(a) click the Send Money tab, and
    \n(b) select \u201cpurchase.\u201d
    \nIf this was a personal payment, then the sender will need to find another payment method until we restore the service. We\u2019re sorry about this.
    \nIf you can\u2019t recover the funds from the sender, you can bring your PayPal balance current by logging in to the PayPal account and clicking the \u201cResolve Negative Balance\u201d link on the Account Overview page.<\/li>\n
  5. My payment was reversed but it was not a personal payment. What happened?
    \nOnly personal payments should have been reversed. Customers who believe that their payments were reversed in error should request that the payment be sent again by following the steps above (click the Send Money tab and select \u201cpurchase.\u201d)<\/li>\n<\/ol>\n

    If you are still having problems, please contact PayPal customer support
    \nI hope that this helps clear up some of the confusion around the situation in India and I\u2019d like to take the opportunity to personally apologize on behalf of PayPal for the inconvenience that this is causing our customers.<\/p><\/blockquote>\n

    Still if you have issues with this problem and are looking for a solution, check out a Paypal Alternative<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

    There have been many different issues with regards to Paypal Payments to India, Paypal to Bank Withdrawals, Paypal Payments being refunded back to the sender and this problem has been happening from around 28th January 2010. I did have come through multiple transactions and here are few of the issues i have personally come through. […]<\/p>\n","protected":false},"author":1,"featured_media":8442,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[671],"tags":[],"class_list":{"0":"post-8431","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech-news","8":"entry"},"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/02\/paypal-logo.jpg?fit=600%2C235&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":3501,"url":"https:\/\/www.amitbhawani.com\/blog\/paypal-bank-problem\/","url_meta":{"origin":8431,"position":0},"title":"Paypal Bank Withdrawal Problem – Payments Not Processed","author":"Amit Bhawani","date":"March 5, 2009","format":false,"excerpt":"There are reports all over the web that the Paypal to Bank withdrawals which were made between Feb 19 to Feb 24 are being delayed and not being processed in the Indian Bank Accounts. 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The rates are based on different accounts types and you can decide to upgrade your account or not\u2026","rel":"","context":"In "Tips & Tweaks"","block_context":{"text":"Tips & Tweaks","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tips-tweaks\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1614,"url":"https:\/\/www.amitbhawani.com\/blog\/paypal-fees-calculator\/","url_meta":{"origin":8431,"position":2},"title":"Paypal Fees Info Personal Account & Premier\/Business Account","author":"Amit Bhawani","date":"October 6, 2008","format":false,"excerpt":"Paypal charges different fees if you hold a personal account and different fees when you hold a Premier\/Business account and this is not only on the transactions of recieving money but on multiple different kind of transactions ranging from withdrawing money to transferring funds. 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