Skip to main content

PayPal Suspends Some Transactions in India

PayPal Logo
Image used with permission by copyright holder

Online payment processing service PayPal has announced that it has suspended some transactions in India while it works with partners to “address questions they have about the service.” Paypal customers can still make commercial payments to India, but merchants are not able to withdraw funds to local Indian banks in rupees.

Some reports have Paypal suspending some transactions as of late January.

The move has left many merchants and customers in a lurch: for instance, customers who used PayPal to purchase tickets to events to be picked up at the venue will be able to attend performances because the seller has not received funds for the purchase. Similarly, although merchants have to provide proof of delivery to receive a payment to their PayPal account, they can no longer withdraw funds from local banks.

Some merchants report that PayPal is also reversing some transactions.

There is no information on when PayPal anticipates being able to lift the suspension.

According to some metrics firms, India’s retail e-payment marketplace is one of the fastest-growing on the planet, and is expected to total between $150 and $200 billion in 2010.

Geoff Duncan
Former Digital Trends Contributor
Geoff Duncan writes, programs, edits, plays music, and delights in making software misbehave. He's probably the only member…
How to download a video from Facebook
An elderly person holding a phone.

Facebook is a great place for sharing photos, videos, and other media with friends and family. But what if you’d like to download a video to store offline? This means you’d be able to watch the clip on your PC or mobile device, without needing to be connected to the internet. Fortunately, there’s a way to download Facebook videos to your everyday gadgets, although it’s not as straightforward a process as it could be.

Read more
How to delete your Gmail account (and what you need to know)
The top corner of Gmail on a laptop screen.

Is it time to part ways with your Gmail account? Whether you’re moving onto greener email pastures, or you want to start fresh with a new Gmail address, deleting your old Gmail account is something anyone can do. Of course, we’re not just going to bid you farewell without a guide all our own. If you need to delete your Gmail account, we hope these step-by-step instructions will make the process even easier.

Read more
How to change margins in Google Docs
Laptop Working from Home

You may find that Google Docs has a UI that is almost too clean. It can be difficult to find basic things you're used to, such as margin settings. Don't worry, though, you can change margins in Google Docs just like with any other word processor through a couple of different means.

Read more