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PayPal Forces Auto Withdrawal On Indian Users

Online payments provider PayPal has sent an e-mail communication to Indian users informing them, that with effect from 26th September 2011, they will not be able to receive overseas payments exceeding US$ 500 per transaction, and that any balance in their PayPal account will be auto withdrawn out of their PayPal account on a daily basis.  PayPal adds that the changes…

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