During my previous post about mail from Paypal, I said I was confused what to do with the export code. Now, Paypal has announced that bank withdrawals to India will be reinstated and while withdrawing funds, Indians have to specify purpose code and not some export code. Now, that is a pretty good news for freelance writers like me because we don't really export anything.
From the information available in Paypal blog, it seems that freelance writers should be using P0805. But it can be really confusing when you get paid through Paypal by providing multiple services. It will be a frustration again for many Indian providers who provide multiple services like SEO, marketing, affiliate marketing and others.
I am going to receive funds through Paypal this time and check out how bank withdrawal goes with purpose code. May be will update after a week. I am skeptical though :(
Till now, personal payments are suspended. So, you can't receive donations and if you have donate button in your blog, better remove it. And those living in abroad using Paypal as a remittance service should start to look out for other alternatives because no purchase code is available for such a service with Paypal.
Showing posts with label Paypal. Show all posts
Showing posts with label Paypal. Show all posts
Wednesday, March 3, 2010
Saturday, February 27, 2010
Paypal Update - Bank withdrawls to India Resumed
So, there is some good news from Paypal that bank withdrawals to India are resumed. I got a mail from Paypal about this today. You can check https://www.thepaypalblog.com/2010/02/resuming-local-bank-withdrawals-to-india/ for details.
It seems that it requires Export code when withdrawal to bank is requested. Frankly, I don't understand what it means and I think it is something for those people who export goods from India and get paid through Paypal. But what us, freelancers are going to do about it? I don't know. I don't export anything, but I get paid for my services. I guess we have to wait until March 1st when Paypal comes with a valid explanation hopefully.
Still, personal payments are suspended. Kuddos to Paypal for at working diligently for Indian users. Now, I trust Paypal more.
It seems that it requires Export code when withdrawal to bank is requested. Frankly, I don't understand what it means and I think it is something for those people who export goods from India and get paid through Paypal. But what us, freelancers are going to do about it? I don't know. I don't export anything, but I get paid for my services. I guess we have to wait until March 1st when Paypal comes with a valid explanation hopefully.
Still, personal payments are suspended. Kuddos to Paypal for at working diligently for Indian users. Now, I trust Paypal more.
Friday, February 26, 2010
Paypal India Outrage - Pity on Indians
If you are doing something online and earning income, you would have definitely used Paypal. For two years, Paypal has been my friendly pal. I don't make a huge income writing online, but I have been using Paypal right from the beginning. I had no issues with Paypal for so long and I don't mind the lower conversion rates that may other users complain. However, now, I am totally distressed because Paypal has stopped withdrawals to bank account. Personal payments was also withdrawn, but that is at least tolerable as far as I am concerned.
I spoke to one of the Paypal representatives, Grace (I used skype) and she wasn't able to give me an estimate on when the withdrawals and personal payments stuff will be reinstated. However, she ensured that Paypal is working on it and issue will be resolved God knows when.
If you folks are trying to reach Paypal, you can call +14029352050. I need to warn you, it takes a couple of minutes to get past the IVR and you will be forwarded to an American. Somewhere in the middle of IVR, keep telling "Agent" and you will be directed to an agent automatically. You have to spell out your email address and verification details asked. I called from India and I was transferred to another IVR which never accepted my input from Skype. So, I had to initiate call again and I told the agent to connect me directly to another agent. I don't know if this is for Indian users alone because the first American said I have to another agent after I said I am from India.
Ok, so withdrawals to bank is ruled out and I am not sure of withdrawal to credit card. I initiated check withdrawal and it is still in pending state. Keeping my fingers crossed.
I spoke to one of the Paypal representatives, Grace (I used skype) and she wasn't able to give me an estimate on when the withdrawals and personal payments stuff will be reinstated. However, she ensured that Paypal is working on it and issue will be resolved God knows when.
If you folks are trying to reach Paypal, you can call +14029352050. I need to warn you, it takes a couple of minutes to get past the IVR and you will be forwarded to an American. Somewhere in the middle of IVR, keep telling "Agent" and you will be directed to an agent automatically. You have to spell out your email address and verification details asked. I called from India and I was transferred to another IVR which never accepted my input from Skype. So, I had to initiate call again and I told the agent to connect me directly to another agent. I don't know if this is for Indian users alone because the first American said I have to another agent after I said I am from India.
Ok, so withdrawals to bank is ruled out and I am not sure of withdrawal to credit card. I initiated check withdrawal and it is still in pending state. Keeping my fingers crossed.
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