Paypal India Goes Even More Downhill. Get Your Money Out

Just received an email from Paypal India. The main parts are these: With effect from 1 March 2011, you are required to comply with the requirements set out in the notification of the Reserve Bank of India governing the processing and settlement of export-related receipts facilitated by online payment gateways (“RBI Guidelines”). In order to comply with the RBI Guidelines, our user agreement in India will be amended for the following services as follows: [Read More]