paypal - www.paypal.com

[sindarin]

That is not because of paypal but it is because of Central bank in their country which make paypal do something like that, in my country paypal is fine and we don't have much problem when use them, and for some countries that still not accepted by paypal, maybe because of weak cyber crime rules and high fraudelent activities there.

 

[budado]

That is not because of paypal but it is because of Central bank in their country which make paypal do something like that, in my country paypal is fine and we don't have much problem when use them, and for some countries that still not accepted by paypal, maybe because of weak cyber crime rules and high fraudelent activities there.

And for me do paypal really need to follow their local bank rules? I mean paypal is an international processors and located in USA. So why follow their rules right? But I guess paypal has good lawyers to know what is best for paypal and I guess paypal think its best if they just going to follow the local bank rulings.

 

[riddick09]

Hmm, this is already about the technicalities. And because Paypal is residing or their main office is in US then, obviously they must follow the policy on that country. They can't apply international policy if there is, and don't follow the US policy. So, they are still covered for their service or business. It's just like the Forex brokers that the international brokers are not allowed in US and you can't apply other countries laws because, it's different and does not apply there.

 

[sindarin]

And for me do paypal really need to follow their local bank rules? I mean paypal is an international processors and located in USA. So why follow their rules right? But I guess paypal has good lawyers to know what is best for paypal and I guess paypal think its best if they just going to follow the local bank rulings.

Because they are the owner of country not Paypal, paypal just like outsider, and if someone(paypal's users)want to make withdrawal to the bank they need to follow Their central bank rules, and that is become a biggest strictness for users that come from some countries.

 

[riddick09]

Yes, when you withdraw in Paypal you most likely don't have the same results of receiving of the funds in the different banks and in different countries. But Paypal has nothing to do with it and they are out of it once they have completed the transaction. So just like the US policy that mustn't be violated.

 

[sindarin]

I always keep wondering why paypal has lesser fee when withdrawal or even free rather than other payment processors which have more than we can imagine and make us suffer a lot when we want to earn.I also think this is something that make them different with other payment processors.

 

[budado]

Because they are the owner of country not Paypal, paypal just like outsider, and if someone(paypal's users)want to make withdrawal to the bank they need to follow Their central bank rules, and that is become a biggest strictness for users that come from some countries.

Yes but. If you go online you are in cyberspace. You are not in that country anymore. But I guess in term of withdrawals or transfer of funds from paypal to the local bank of India then I guess this is were Indian government has jurisdiction. But still as far as I know its only in India that paypal has this kind of restriction right?

 

[sindarin]

As far as i know Yes, India is the only one, but that not affected me so much, since i am not from india, even like that i can see some freelancer from india also feel so bad with this one. and i see that users from india is not much as before.

 

[riddick09]

You will not going to be affected because, you are obviously not resident there. Unless, you are making transactions with them. Because, before, I never know it until I have tried it to my one of mod who was here and the transaction was unsuccessful.

 

[sindarin]

I never try something like that with someone that come from India so far, but there are a lot of indian freenlancer that complain about this thing and it seems affected them a lot in the way to earn in freelance site.So far i can find some site that accepted paypal.

 

[budado]

I never try something like that with someone that come from India so far, but there are a lot of indian freenlancer that complain about this thing and it seems affected them a lot in the way to earn in freelance site.So far i can find some site that accepted paypal.

Me its a loss opportunity as I do exchange online. And I end up not exchanging with those accounts that come from india since theirs no personal transaction features. So they end up having service transaction only that charge interest. Unlike if its personal transaction that has no or has small interest only.

 

[indieover]

I do want to exchange also. If anyone wants to sell his PayPal. I would like to receive PayPal and pay with liberty reserve with the same rate. At least I have personal account. I do want PayPal more specially it eliminates the risk of using exchanger

 

[sindarin]

It is bad if you want to do that thing dude, paypal don't like someone that really like to violate their rules, if you want to exchange then make sure to choose someone who can kept secret, also trustable if you exchange with someone that you don't know there is bigger possibility that your account will be limited by paypal.

 

[glucoseguy]

I agree with you on that one. Since paypal doesn't support exchangers, its best that anyone intending to exchange his/her Paypal funds should ensure that there's trust between both parties and that paypal isn't aware of the transaction so that the account won't get blocked or limited.

 

[sindarin]

I already saw so many cases like this, when they exchange their balance and paypal aware of it,sooner their account blocked by paypal. and there will be less chance for that users to get back their account bank, so it is better to avoid that way.

 

[budado]

I already saw so many cases like this, when they exchange their balance and paypal aware of it,sooner their account blocked by paypal. and there will be less chance for that users to get back their account bank, so it is better to avoid that way.

If your account is verified the right way and not using illegal VCC then you can get back your account. So far I don't have problem using my paypal. At the early days I have no months that I don't have experience limited account or suspended account. But right now I don't experience those problem anymore.

 

[Cutiekc]

I agree with you on that one. Since paypal doesn't support exchangers, its best that anyone intending to exchange his/her Paypal funds should ensure that there's trust between both parties and that paypal isn't aware of the transaction so that the account won't get blocked or limited.

How do you mean that they don't accept exchangers,they mustn't directly accept them but here in my county in which paypal does no accept i still know ssome exchangers who are being able to exchange paypal but thay has to do seccretly,they are not showing it on their site,you will have to call before the transaction can be made.

 

[budado]

How do you mean that they don't accept exchangers,they mustn't directly accept them but here in my county in which paypal does no accept i still know ssome exchangers who are being able to exchange paypal but thay has to do seccretly,they are not showing it on their site,you will have to call before the transaction can be made.

I'm really confuse with your question and statement. You are asking glucoseguy what he means that paypal does not accept exchanger but same time you yourself know the answer as its not allowed by paypal. Because exchanger you mentioned will not going to do it secretly if its allowed.

 

[riddick09]

Obviously there are many local exchangers or buyer and seller of Paypal. Despite of it's not allowed you will see it advertised in many forums and also in the advertising sites. So, I think that the trust here and necessity which makes us have these exchangers up to now.

 

[ryuken]

Paypal is good payment procesosr and you can see that there are always some rules from the paypal that makes it more seucre. in case of the paypal it is more good for the spender and not much for the seller there for sure. that said, we have to see how the paypal changes policies new year.