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PayPal Receiving Limit has been raised

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Good NEWS For Indian PayPal

We are pleased to inform you that the RBI will now allow you to receive export-related payments of up to USD 3000 per transaction into your PayPal account, effective immediately.

We sincerely thank you for your understanding and patience over the past few months as we continue to implement the changes required to remain compliant with the RBI guidelines. With these changes completed, you can confidently accept PayPal for your cross-border transactions with our global buyer base of over 100 million active accounts in 190 markets worldwide. We look forward to continuing to support your export business through our global online payment platform.

https://www.thepaypalblog.com/2011/10/great-news-for-our-merchants-in-india/
 

28 comments

but still i cant send money bcz i dont have credit card
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This seems to be pretty useless. There is hardly anyone who deals with such large single transactions. It would be great when RBI would intimate Paypal to allow Indian users to send payments from their Paypal balance.
 
So the receiving limitation of $500 has jumped to $3000. Good F**kn News..:O

But this is not a good news for me. What i wanted that Paypal should allow us to send money to other paypal users without using CC and we can keep money more than a week..Damn when RBI is gonna give this freedom to us...:'(

All swiss bank users from india whom RBI is supporting you guys..I don't think if indian govt will ever be able to get your blackmoney cuz indian govt is also a culprit in this..so forget about it...

Note:- I will fu**ing rob your money and distribute to all my WJ Friends...=)=)=)=)=)

[SLIDE]http://i27.lulzimg.com/d7c14520f4.png[/SLIDE]​
 
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