India Suspended From PayPal For "At Least a Few Months" 186
Posted
by
kdawson
from the keeping-the-money-out dept.
from the keeping-the-money-out dept.
More details have come about about what was behind PayPal's decision to suspend personal payments to any user in India, as we discussed on Sunday. In a blog post today, PayPal revealed that payments to India will remain in suspension for at least a few months. Customers in India will be able to pull rupees out of the service into their bank accounts within a few days. The suspension came about when Indian government regulators raised questions about whether PayPal's service was enabling remittances (transfers of money by foreign workers) to Indian citizens. "The problems may have been triggered by a marketing push that promotes PayPal as a way to send money abroad, a source familiar with the matter said. The campaign — which reads 'As low as $1.50 to send $300 to countries like India' — may have caught the attention of Indian regulators, the source said."
Re:Look at the Slashdot title (Score:3, Funny)
The rest of us read more than the first two words.
Re:State vs Internet (Score:5, Funny)
So how will they pay their employees? (Score:2, Funny)
I guess we can assume their customer service will be even more useless than usual now.
Re:WTF?? Indian politicians are nuts, just nuts (Score:1, Funny)
THANK you. COME again.
Re:State vs Internet (Score:1, Funny)
Then join the Anti-Group Party. We are a growing organization, united in our belief that groups are wrong and must be stopped. If you join now, you get a badge that proudly displays one of our slogans and a membership id card that you can use at any of the daily meetings held in each major city across the US.