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PayPal payment services suspended in India

February 07, 2010 By: Hema Manchanda Category: Business News

According to foreign media report Internet payment service PayPal has suspended many of the Indian market payment services.

The spokesman said that, PayPal is from January 28 to suspend payment of business in India, the company hopes to solve the problem as quickly as possible. He did not disclose the specific situation.
There is no official information from PayPal on when the company will restore its services for Personal Payments and local bank transfers in India

PayPal has informed the world through its official blog. the blog was posted on Saturday, February 6th, 2010 at 2:13 . The paypal Spokes person Mr. Anuj communication team) has informed that personal payments to and from India and transfers to local banks in India have been suspended .

Mr. Anuj has promised to update the blog very soon with the upcoming relevant information.Till date there is no official words from Paypal on which date the services will be restored.

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