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.

People are just upgrading their account personals to professional account but also money is not getting transferred in Indian banks. Paypal is silence till now. This problem has been started from 28 Jan 2010.

Personal money transaction before 31 Jan 2010 is valid and it is in account but after 1 Feb 2010 payments are getting reversed.

If you have transferred money to your bank account after 1 Feb 2010 then your money will be returned to your paypal with cutting charges 250INR. It means, you will have to pay without getting any service. This is really problematic for most of the people of India.

People are waiting the paypal reports. Many people are also started suspicious on paypal. Paypal is secure place, you will get your money back, but this time problem arose a lot. Many people are also looking for paypal substitute. Let’s see, how and when paypal solve this problem.

Thepaypalblog.com has given this information that paypal is trying to solve this issue as soon as possible.