I have blogged about Paypal Payment Reversal Problem earlier this week and I mentioned that I have sent an email regarding the problem to Paypal. Well, I just got a mail from Paypal India assuring me that the payment reversal and withdrawal problem will be resolved withing a day or two.
Here is the direct mail that I have got:
Dear (My Name),
Thank you for your patience while we work to address the issue of processing withdrawals to Indian bank accounts.
We expect to have this issue resolved within the next few days. In the meantime, we’re going to restore the amount of your recent withdrawal into your PayPal balance so that you can know your money is safe in your account. You should see the balance restored within 24 hours. In addition, you will see a reimbursement of any withdrawal fees charged. We will ensure that you are not adversely affected by currency fluctuations during the last week.
In your transaction log, you will soon see that your PayPal withdrawal request has been reversed. We ask that you wait to submit another bank withdrawal request until we have addressed the processing issue. We will contact you again in a few days with an update and, if the issue is resolved, you can initiate another withdrawal at that time. In the meantime, you will have the ability to spend your balance to purchase goods or services if you choose.
Again, we apologize for the inconvenience this has caused.
Good to see the problem being resolved.Share
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