Article from indian regulators
PayPal Suspended Withdrawing Funds to Indian Banks
The shocking news: PayPal Suspended Withdrawing Funds to Indian Banks as well as personal payments to and from India. It is really a sad news for Indian online business owners who transact through PayPal. Here is a note from Anuj, one of communication team staff, I’m writing to let you know that personal payments to and from India and transfers to local banks in India have been suspended while we work with our business partners and other stakeholders to address questions they have about the service. During this time, customers can still make commercial payments to India but merchants cannot … Continue reading
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