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|10th February 2010, 23:09||#17|
Join Date: Aug 2007
Thanked: 527 Times
Were you talking to me? I do not wear denims, just trousers, or chinos. Not sure why you assumed by yourself.
There is no point comparing black and white. One could say why are we writing in English. People dont wear dhoti, because they are force to wear denims - not physical force but peer pressure force and psychological business force. "Buy our denim and give us your money, if you dont you will be considered stupid", or, "Buy our GM Brinjal seeds (by Monsanto) and surrender your crops to an American corp and keep paying them Fee and fall in debt and commit suicide", and now "Play by our rules and give up your currency and favor USD and its economy by using Paypal"
Regardless of what you choose to eat or wear has nothing to do with our currency. He is the loser if he is doing transactions in USD, and Paypal is the winner. Finally, I will say that Paypal can be greedy at times and can rip you off.
|10th February 2010, 23:09||#18|
Senior - BHPian
Join Date: Sep 2005
Location: Back in the HOOD near you!
Thanked: 33 Times
Guys take it easy. I had a chat with PP representative and Bank withdrawals will be back to normal by next week (hope so).
Reverse payments issue is solved!
|10th February 2010, 23:20||#19|
Join Date: Nov 2004
Location: BOM, PNQ, DXB
Thanked: 21 Times
This is typical of a knee jerk reaction to the government's diktat.
On the other hand, had they asked the government for a phased time bound application that would have been the right way.
Anyways loss for paypal and a bigger one for the Indian economy, as when you request for a withdrawl from paypal, one used to get a cheque.
Now these funds will slowly come into the country by other means outside the official economy WHICH again nullifies the gains to the government.
They just pushed the unofficial channel even further beyond their grasp and control.
|10th February 2010, 23:44||#20|
Senior - BHPian
Join Date: May 2008
Thanked: 272 Times
We cannot expect the Indian Government to clarify this matter, as it is the Indian Government and it wouldn't. And Paypal has never been one to stand in front of an audience and make a statement. Their practices are shady beyond belief, and the loopholes they use to conduct their business will be closed some day. However, it would be wrong to assume that Paypal would willingly aggravate even a minor percentage of the Indian population since it is the only means of earning money for quite a few of them, and more so, another means of income for Paypal itself. I wouldn't assume anything until Paypal actually makes a proper press release revealing the facts of the case.
They've wasted my time, stolen money from many people and are possibly the scum of the Internet. However, they will, by no means, shoot their own feet. They're far too greedy to ever do that.
|12th February 2010, 07:16||#21|
Join Date: Oct 2009
Thanked: 52 Times
OK guys time for going OT. Flag off from here .
Jeans, dhoti, kurta..
oh yeah !! BT Brinjal
Next topic for OT : Job outsourcing ban!
|3rd March 2010, 17:16||#23|
Join Date: Feb 2004
Thanked: 80,156 Times
Guess the matter has been resolved now. Official paypal communication:
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