Showing posts with label Paypal. Show all posts
Showing posts with label Paypal. Show all posts

Paypal removed withdraw by check option for Indian customers

Unknown | Friday, March 02, 2012 | 0 comments
          Just saw today that Paypal has removed withdraw by check option for Indian users. I am not aware of what changes made in other countries. And also there is no official announcement from them although some people are saying in digitalpoint that the option is gone from February beginning. I personally checked & confirmed it today.
BEFORE
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NOW
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         This change will not (hopefully) make a a problem for the Indian customers and rather, it is easy to use the direct bank transfer for withdrawing funds form Paypal. And if many users were using the withdrawal by check option, Paypal would not have been discarding this feature. As of now the only option to withdraw funds from Paypal is direct bank transfer which is totally free of charge. You just have to add your bank account and successfully verify it with Paypal.
        Well, this is not such a huge or impressive change from Paypal. We hope the other issues e.g. payment via Indian Visa/Master Debit Card, Auto withdrawal feature, Mass Payment feature gets some amendments, and Paypal keeps a peaceful relation with RBI.
 
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