PayPal suspends electronic withdrawals for India users
Yesterday, I received this mail from PayPal: In accordance with regulatory instructions, we would like to notify you about a change in our withdrawal functionality in India starting on August 1, 2010 . At present you can request for either an electronic or cheque withdrawal of funds from your PayPal account if you are an India user. From July 29, 2010 onwards, you will only be able to request for a cheque withdrawal of funds from your PayPal account. While we are working hard to restore the electronic withdrawal service, in the meantime, we are bringing this matter to your attention so that you can plan your future withdrawal activities accordingly. To request for a cheque withdrawal: Log into your PayPal account, click on 'Withdraw' . Click on the 'Request a cheque from PayPal' link. Enter the withdrawal amount and select your mailing address, then click 'Continue'. Click 'Submit' to confirm your request. In