Paypal, the U.S. online payments giant has been slapped with a humongous penalty in India. What went wrong? Let’s find out.
The Indian Government’s Financial Intelligence Unit aka FIU slapped an Rs. 96 lakh penalty on PayPal on the grounds...
PayPal has finally managed to break the ice with Reserve Bank of India on current ‘transaction limit’ chaos for Indian merchants – atleast till an extent. Going further, Indian merchants - who use PayPal to receive money from overseas...
PayPal has recently announced the major shift in its policy catering to Indian customers. Going forward from March 1 2011, PayPal users from India won’t be able to route the collected amount for any type of buying efforts. As...