|
Online payment service provider Paypal on Saturday said that it has suspended certain types of payment transaction in India. In a blog posted on its website, PayPal spokesperson Anuj Nayar wrote "... 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". Without giving any further details for the unusual suspension, he added that the company is working "to resolve the situation as quickly as possible." "During this time, customers can still make commercial payments to India but merchants cannot withdraw funds in rupees to local Indian banks," he said. |
Tags: PayPal
Mixx
Facebook
Twitter
Digg
delicious
reddit
MySpace
StumbleUpon
LinkedIn
PayPal to tap domestic e-payments market in India, China
EBay Inc's unit PayPal is expanding its domestic electronics payments presence in Asia with plans to tap India and China, the region's biggest ...
PayPal Here ushers in new age of mobile payment solutions
PayPal backtracks on "obscene" e-book policy
PayPal gets new rival in offline payments race
Banks, Internet companies team up to fight spam
Stratfor hackers publish email, password data
Hackers, IT units focusing on smartphone security
The latest "should they-shouldn't they" event with Facebook is the lift of the minimu...
Leaked Images, Availability, Pricing,
Specs, Pre-order
Top 5 free all-in-one messengers for Windows
The number of instant messaging services have exploded, since the first...
Project Darpan: Digitizing Indian local languages
Compared to the relatively slow adoption rate of the traditional PC, that...
Top 10 tips for Internet Explorer 9
Microsoft’s browser Internet Explorer has been around a while and things
By Tech2
Exploring Apps Store: Apps for the Samsung Galaxy Note
Andi Braime
Sat May 26, 20:00:23
Exploring Apps Store: Apps for the Samsung Galaxy Note
Andi Braime
Sat May 26, 19:59:32
Google Nexus tablet to be unveiled at Google I/O 2012
Derek Matuszewski
Sat May 26, 19:03:39
_011517074205_160x90.jpg "Epson Stylus Photo R3000")
Sony to roll-out ICS update next week,...
BlackBerry Curve 9320 announced in India...
Microsoft VP talks about Ballmer's...
Cisco won't invest in their Android...
About Us | Site Profile | Tech2 Team | IBNLive News | IBNLive Hindi News | Cricket News | Indian Stock Market | Policy | T & C
Copyright © 2011, Tech2.com India - A Network 18 India Venture
