Paypal has written blog on 9 Feb 2010 for clarification of user’s problem. Anju from Paypal has said that people will be able to do transaction in their local bank account in next few days but the personal payments will be suspended for next few months until they resolve the issue completely.
It will be little relief for internet marketers; those do transaction via paypal to local banks. Paypal has not given any specific time for starting of India services transaction. Anuj has clarified entire issues and people questions in their blog yesterday.
Anuj said that they have got many questions regarding suspension. He said that they have temporary suspended services to and from India because they have to respond few enquire to Indian regulators. He also said that this is the biggest question for them and they are giving priority to solve this problem as soon as possible. People can do transaction to their bank accounts in next few days.
