PayPal to Resume India Bank Withdrawals on Wed

Tuesday, March 2, 2010
Image representing PayPal as depicted in Crunc...

Image via CrunchBase

PayPal plans to start resuming bank withdrawals in India on March 3, but personal payments into India remain suspended until further notice. Exporters will be able to continue using PayPal for goods and services.

Last month, PayPal halted personal payments in India amid questions from Indian regulators about whether personal payments constitute remittances--or money transfers that foreign workers make into their home countries--into India.

This suspension caught many by surprise and meant that some people with money in their PayPal accounts had no way of getting it out. PayPal had planned to start allowing withdrawals to Indian banks on February 14, but complications delayed that move.

Labels:

Post a Comment

post your comments here please

Subscribe to: Post Comments (Atom)
Related Posts Plugin for WordPress, Blogger...

Popular Posts

  • Boy Burned By Bullies
    Here is a picture of Michael Brewer, the Florida boy set on fire, burned by bullies. Michael Brewer’s burns cover over 60% of his body and i...
  • Delhi auto expo 2010 pictures new launches
    Image via Wikipedia At Delhi autoexpo 2010 on 6th January 2010, Toyota will be revealing the Etios, a small sedan specifically create...
  • Blue (2009) Movie Review
    The most awaited movie of the year “Blue” with its canvas as huge as the ocean, comes alive on the Hindi screen this Friday. Like every bigg...
  • Michael Jordan Hall of Fame Speech: Video
    Michael Jordan made an emotional speech, during his Hall of Fame induction ceremony at Springfield, Mass. yesterday. It was the perfect fit...
  • KERALA QUIZ-PSC SOLVED
    1 The number of west flowing rivers of Kerala? 41 2 "Who is the author of ""Kannuneerthulli"" ?" Nalappa...
  • Actress Aindrita Ray
      Actress Andrita ray sexy pics, aindrita ray hot photos, aindrita ray sexy photos, andrita ray images, andrita ray wallpapers, andrit...
  • Hansika Motwani Working out in a Gym
    Hansika Motwani Working out in a Gym
  • buvik | Bureau of Naviks, Mumbai
    The Bureau of Naviks is an independent unit directly responsible to Director General Coast Guard for its functioning. The Bureau being locat...
  • BlackBerry unveils PlayBook tablet to take on iPad
    Canadian wireless giant Research in Motion (RIM), the maker of the BlackBerry, Monday unveiled its tablet computer called PlayBook to take o...
  • Bikini Babes of Bollywood
    Bikini was once a forbidden word in Bollywood. Raj Kapoor, the habitual norm-basher that he was, ordered Nargis to get into a two-piece. Nar...

Labels

auto (24) blogger (1) bollywood (40) Business (50) education (20) google (57) health (27) hot (74) indianews (108) indiantv (34) internet (2) jobs (38) lifestyle (50) results (43) showbiz (253) tech (211) videos (70) worldnews (77)