I’m sure like me other Indian Paypal users are in slight panic mode. More then 1000$ has been reverted from my Paypal account. We have already covered few posts in recent days about latest Paypal India fiasco. You can read them here :
There are few questions which are still unanswered from paypal team as those Indian Paypal users who are using shopping cart, do they need to make changes in their settings?
I tried to withdraw almost 35K INR on 28th January and usually it takes 5-7 working days for paypal to withdraw money from Paypal to bank account. It’s going to be almost 10+ days and till now those money has not been credited into my bank account.
More over Paypal is refunding almost all the transaction made after 1st feb , under service and personal payment to the sender.
Seems like this paypal outage will have great impact on mid size users , who replying on Paypal for all the transaction.
One of Shoutmeloud reader Chaitanya has come up with three alternative solution for current paypal outage:
1) Use a Payoneer card
2) Try Money Brokers service
3) If you are facing cash flow issues, and dont have time for (1) or (2), simply tell your client to send the money through Western Union Money Exchange. You can collect the payment from the closest Western Union Broker.
Do let us know, are you also facing issue with bank withdrawal using paypal?
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