Oh NO, Paypal does it with India (RBI) AGAIN - Is this an annual joke now?

40 replies
Goodness !!

After Jan 2009 and Jan 2010, we are back to the annual drama in Jan 2011 between Paypal and Govt of India - rather, the Reserve Bank of India (RBI).

I had initially thought it was RBI who was wrong at it when I received the following email and realized that every Paypal India user received it.

But then, I read the remaining and realized after reading an ex-employee of RBI that that Paypal is again acting the Smart Guy and has got it wrong once more. God, give Paypal some real competition rather than letting them toy around.

Here is what Paypal says (and it is flooded around the Internet in the last few hours).

**************

Dear <Name>,

As part of our commitment to provide a high level of customer service, we would like to give you a 30-day advance notice on changes to our user agreement for India.

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:
  1. Any balance in and all future payments into your PayPal account may not be used to buy goods or services and must be transferred to your bank account in India within 7 days from the receipt of confirmation from the buyer in respect of the goods or services; and
  2. Export-related payments for goods and services into your PayPal account may not exceed US$500 per transaction.
We seek your understanding as we continue to employ our best efforts to comply with the RBI Guidelines in a timely manner.

We regret any inconvenience caused to you and hope the advance notice will enable you to plan your future use of our services accordingly. For further information, click here.

If you have any questions, please contact PayPal customer support by logging into your PayPal account and clicking on ‘contact us’ at the bottom of the page. We sincerely thank you for your patience and continued support.


Sincerely,

The PayPal Team
**************

And here is what I found as the interview. Original link is here.

Here's what the interview says.

*****************************

So as you already know by now, PayPal is busy screwing small Indian SMBs and independent freelancers who rely on the service to send and receive payments. This is definitely not the first time this has happened, and will definitely not be the last one.
In a recent email and blog post, PayPal said that they will be restraining Indian users from using the money in their PayPal account from purchasing anything along with putting a stipulation that they have to withdraw the money within 7 days. In addition to that, they have also said that Indian users cannot accept payments more than $500.
Many users have been blaming the Reserve Bank of India (RBI) for this, but most of them haven’t done any fact-checking as such and are just blaming it because they feel that PayPal has no faults whatsoever. So I sat down with one of my roommates who has been an ex-RBI employee for 7 years to understand why this is happening.
Let me take you through this. First of we take a look at why PayPal cannot keep your money with them for more than 7 days and then delve into the $500 restriction they will be putting into place. Here is the actual conversation edited in some for by me without changing the details.
Me: So PayPal says that they cannot keep the money in their account for more than 7 days? Why is this happening.
RBI-expert: Because if PayPal keeps the money with them, they have to be regulated as a bank and PayPal does not want that to happen. Any entity which provides on-demand payments have to be regulated as a bank as per RBI rules. With this new change PayPal is basically circumnavigating this regulation so that they don’t have to answer questions to any government about how they conduct business and why they charge an exorbitant amount to them to accept payments.
Me: So you are saying that PayPal is practically f*cking all Indians.
RBI-expert: No I wouldn’t say that, but I would say that their business heads know how to circumnavigate against a country’s policies and that they are adamant about accepting regulations because that would mean that they have to cut down on their charges and also ensure that they do follow all guidelines laid down for a bank.
Me: Ok, so I see that they are screwing their customers with a hefty fee and now this. I do understand that they want to make money, but what is about $500 transaction limit.
RBI-expert: Well, once again this is a government and RBI mandated thing. All entities who bring cash-flow into India have to basically report transactions above $500 to the RBI and government. PayPal is basically just circumnavigating around this mandate by restricting the payments to $500. Once they do this, they have no obligation to report it to the RBI or the Indian government.
Me: So you are basically saying that these new changes by PayPal is just about screwing the RBI, Indian Government and people who use their service.
RBI-expert: Well, these are the rules. I will simply say this. If PayPal accepts the RBI regulations they have to be treated a bank and I can see that they are hell bent on not doing it. They are basically finding ways to get over it because once they become a bank they come under a different set of rules. Right now PayPal is a monetary service but they are not like say SBI, ICICI, HSBC or Citibank and do not have to adhere to the rules. Once you become a bank, you have stringent rules which I don’t think PayPal wants to follow.
So as you can see, from the above conversation which came through from a horse’s mouth, I feel that PayPal is basically cheating the RBI, Indian government and Indian users because they don’t want to be regulated. All I can say is that we need to boycott these services, check out some PayPal alternatives.

*************************

Gosh !!

Paypal, PLEASE come clean if you want to do business.

Implication to Warriors: You can now safely stop outsourcing larger jobs (worth $500) to India.
#annual #india #joke #paypal #rbi
  • Profile picture of the author Rob Howard
    Fred, I'm interested in reading the conversation, but something happened to that formatting that is just a turn off...

    Rob
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    • Profile picture of the author FredJones
      Rob, yeah, here is the link: click here.

      EDIT: I have formatted the original report. Some of the links have chaged back to Warrior Forum homepage by some script runnning here in Warrior Forum, but I am happy with that !!

      Originally Posted by ccmusicman View Post

      Fred, I'm interested in reading the conversation, but something happened to that formatting that is just a turn off...

      Rob
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      • These guys apparently are good and getting more and more positive reviews, has anyone tried them?
        https://www.alertpay.com/en/Default.aspx
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        • Profile picture of the author Silas Hart
          PayPal is the master of loop holes, and props to the Indian Government not allowing PayPal to operate through these loops holes and taking a stance.
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        • Profile picture of the author FredJones
          Heard a lot about them and yes heard lot positive about them but did not use them. Any experience whether they work well in India? Can you accept payments using them like other paymment processors like Plimus, Paypal etc?

          Paypal needs a competition beyond every doubt.

          Originally Posted by Grazina Ajana Szewczyk View Post

          These guys apparently are good and getting more and more positive reviews, has anyone tried them?
          https://www.alertpay.com/en/Default.aspx
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          • Profile picture of the author Sarah Bosen
            What about our government?
            Is paypal above the US government regulations?
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            • Profile picture of the author rackverse
              Originally Posted by Sarah Bosen View Post

              What about our government?
              Is paypal above the US government regulations?
              They are. For that same reason that they are NOT designated as a bank. Which is ridiculous to me. If they can hold your money, then they need regulation. The wind blows the wrong way, and they can limit your account, deny you access to your funds and you have no recourse.
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            • Profile picture of the author FredJones
              No it cannot be. If you are operating in a country you simply need to comply to the Government rules. That's true for every company operating in any country in the world.

              Originally Posted by Sarah Bosen View Post

              What about our government?
              Is paypal above the US government regulations?
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              • Profile picture of the author Black Hat Cat
                Banned
                So, let me get this straight.....Paypal is breaking the rules India put in place by actually following the rules India put in place? Makes sense. Not.

                Paypal is not a bank, so why would they want to be regulated as one? May as well whine about them not wanting to be regulated as a nuclear energy facility...you know, since they aren't a nuclear energy facility.


                Originally Posted by Sarah Bosen View Post
                What about our government?
                Is paypal above the US government regulations?
                They are.

                rackverse
                More nonsense. They are NOT above regulation in the U.S. They simply don't have to comply with regulations that don't apply to them....like every other business in the country.
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                • Profile picture of the author FredJones
                  Yeah, the whole point is that anyone running financial services need to comply with all rules that apply to rules tha are applicable to financial service runners, but if they are not running nuclear energy facilities then they do not need to comply with them as long as they are not touching nuclear energy to run theri financial business. The moment anyone starts touching nuclear energy facilities in any capacity to run their financial service, they also need to comply to the nuclear regulations along with the financial regulations.

                  In fact, taking it a step further, just because you run financial services does not excuse you from abiding by nuclear facility rules just becuase nuclear facilities is not your business. It is just that by convention you are not touching upon them, but that does not mean the regulations are not applicable upon you.

                  Similar is the case for Paypal here.

                  If you are not running a bank but only acting as a payment processor, you have no business holding other's money (which Paypal does) and you have no business deciding refunds and account limitations. You are authorized to transfer money, from verified people, to verified people, using legal and legitimate means. That's all you are authorized to do. Paypal accepts money but does not automatically transfer to my bank account. If it did, I would be very happy and would have no reason to talk about them. In fact, if they start doing that, I would announce my problem to be solved and in fact that's what Govt of India is asking it to do since it refuses to become a bank. And by the way, the regulation of India says that if you are transfering money more than $500 then you are supposed to report that to the authorities, which sounds legitimate to me to say the least (whether $500 is the right amount or not is a different question but the regulation of reporting sounds right is what I'm saying here).

                  And if you are running a bank then let people keep money there and don't force people to withdraw, and again, do report the money to the Indian financial authorities. Again, if Paypal does that, they are good in the books of both me and Govt of India here.

                  But we are talking about something in the middle, and all of it is muddy ground.

                  Forget the argument - can someone answer me, with the upcoming Paypal convention, how do I take more than a week off from my work while I sell passively?

                  I don't see how. Paypal will keep my money for 7 days and then I shall not get my money. I could do it in either of the two circumstances above.

                  (1) Paypal keeps the money till I withdraw, like a bank does (and the license to do that is what Paypal is refusing to have).

                  (2) Paypal automatically transfers the money to my bank account once I receive the payment (which is what Paypal is forcing me to do rather than doing on its own, simply because it knows in and out that it is not a real money transfer system but a "hidden bank".

                  Pray tell me, how do you solve the above and give me a 8-day vacation?

                  I am really thinking about Paypal alternatives now.

                  Originally Posted by Black Hat Cat View Post

                  So, let me get this straight.....Paypal is breaking the rules India put in place by actually following the rules India put in place? Makes sense. Not.

                  Paypal is not a bank, so why would they want to be regulated as one? May as well whine about them not wanting to be regulated as a nuclear energy facility...you know, since they aren't a nuclear energy facility.



                  More nonsense. They are NOT above regulation in the U.S. They simply don't have to comply with regulations that don't apply to them....like every other business in the country.
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            • Profile picture of the author stevemarino
              Originally Posted by Sarah Bosen View Post

              What about our government?
              Is paypal above the US government regulations?
              No, they have to sing along to whatever tune the US government plays. The goverment forced them out of the lucrative gambling market a few years ago.
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              • Profile picture of the author Silas Hart
                PayPal has had U.S. political officials in their pockets for years. There has been State level disputes against PayPal, but PayPal slips through loop holes because our governmental system is slow and a lot of the laws are not current with things that are the product of the internet. Unfortunately, PayPal is a bank, but only in a country with only half a million people. To some countries, if you are holding their currency, you better conform to their laws. I don't see PayPal being in China too much longer either, not that they are very fond of it anyways.
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                • Profile picture of the author FredJones
                  Originally Posted by schwarzes View Post

                  Yeah it is RBI who is doing it and not Paypal.

                  And secondly, nothing will happen if you do not withdraw your funds within 7 days. If you remember, there was a 30 day limit earlier, but it was all BS as well. I had called Paypal too and they said it would still remain in your account.
                  So, why 1st March 2011? Because, it is the time (31st March) to prove that they are "complying rules" - the Indian financial year is April to March.

                  And the 30 days limit - if I remember the email Paypal had sent - had mentioned that "they are following the Govt rules" which I now realize was absolutely another lie (sorry for being brutally honest). I don't know whether they are actually going to impose the 7-day limit rule but I am going to follow it as much as I can. No matter what, does it sound good of Paypal to promise something publicly (30 day limit) and not follow that privately? That in itself raises a red flag (by the way in my own case I have been following this rule religiously so far and I had not known about the above although I had always suspected that to be the case).

                  Originally Posted by schwarzes View Post

                  Well Fred, think of this. If paypal is not following what RBI requires, why doesnt India ban them ?

                  Just think about this for a minute and then you will realize how the corporate (corrupted) bureaucracy in India works !
                  Look, go to any country in the world and you would realize that Govt encourages developing business. It is a worldwide healthy practice and convention to encourage businesses to grow, come under the law just in case they have been slipping here and there (which does happen when a business starts up or migrates and needs to adapt to the legal framework of the country, whichever country it may be), and gradually have them under the legal framework complying fully with the law. In case of Paypal, they are a big name and lets face it - lots of people really like using Paypal (including me) for many reasons. So, it is only natural for a Govt. to show leniency for some time and then become strict rather than getting it black and white all at the onset - no business probably would ever develop otherwise.

                  I don't know whether you are aware of Paypal's dubious history but if you look back, 2009 and 2010 had a horrible Jan-Feb period in India but it worked out both the times because Govt of India trusted Paypal each time. Govt had let Paypal show some initial activity, and trusted Paypal's promise to complete the remaining while Paypal let the users (the citizens of India each of whom including you and me that ultimately "belong" to the Govt) keep using Paypal. Paypal broke the promise every time.

                  So, open your real-life eyes and see how business happens in the entire world, using initial Govt support. See how developing countries gradually transform into developed countries and how Govt plays a role in supporting businesses to grow as a part of the process. The issue here is NOT corruption in the RBI, this is plain and simple incompetence in Paypal. It's got nothing to do with the corporate (corrupted) bureaucracy in India. I am not going into the question of corruption (no matter whether or how much it exists or is prevalent) because this question is independent of that.

                  Look at it this way: had Paypal adhered to any one of the two above, would they have to face this RBI music today? No. You are asking questions about the RBI corruption sheerly because Paypal is not abiding by the rules. If they did, then the entire situation would not arise. And Paypal is not abiding in spite of Govt's encouragements (by giving it 2 years of time, which is much more than enough) and sponsorship (don't forget, they are holding tax-free money in spite of not being a bank, and who's sponsoring? the Govt of India).

                  No matter what, Paypal is on their way to lose a LOT of transactions from me. That's done now.
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                • Profile picture of the author reapr
                  Originally Posted by FaJeeb View Post

                  PayPal has had U.S. political officials in their pockets for years. There has been State level disputes against PayPal, but PayPal slips through loop holes because our governmental system is slow and a lot of the laws are not current with things that are the product of the internet. Unfortunately, PayPal is a bank, but only in a country with only half a million people. To some countries, if you are holding their currency, you better conform to their laws. I don't see PayPal being in China too much longer either, not that they are very fond of it anyways.
                  opensecrets dot org helps put some things in perspective when it comes to why some things are the way they are.
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  • Profile picture of the author Chris Worner
    Rob, basically what the whole fiasco is about is PayPal not wanting to be a regulated bank in India. RBI is stating that if PayPal wishes to keep the money in their own accounts then they need to abide by Indian federal banking laws, so the RBI made a rule that the money has to be transferred out of PayPal within a week if they wish to avoid being a regulated bank.

    Hope that made sense.
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    • Profile picture of the author Rob Howard
      Originally Posted by Chris Worner View Post

      Rob, basically what the whole fiasco is about is PayPal not wanting to be a regulated bank in India. RBI is stating that if PayPal wishes to keep the money in their own accounts then they need to abide by Indian federal banking laws, so the RBI made a rule that the money has to be transferred out of PayPal within a week if they wish to avoid being a regulated bank.

      Hope that made sense.
      Ah - ok.

      Thanks!

      Rob
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      • Profile picture of the author Kay King
        Paypal had no problem processing payments to and from India until RBI changed the regulations a year or two ago.

        An EX-RBI employee dissing paypal is not something I'd find credible and I find the language used in that "interview" not what I'd expect for a business conversation. If Paypal does not want to be considered as a bank in India - that's Paypal's choice. They aren't going to allow the RBI to dictate what their business model is.

        It's a mess - but the idea that Paypal is to blame is ridiculous. RBI started these new regulations and as a money processor, Paypal has adapted to meet the requirements. Paypal does a lot of things wrong - but I don't think this is one of them.

        kay
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  • Profile picture of the author Quentin
    I think what you need to do is petition your government and the RBI as they are setting the regulations not Paypal.

    Quentin
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    • Profile picture of the author FredJones
      Yeah, only that Paypal is neither following the regulation set up for a bank in India nor following that of a payment processor in India. They need to follow one rule surely !!

      Originally Posted by Quentin View Post

      I think what you need to do is petition your government and the RBI as they are setting the regulations not Paypal.

      Quentin
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      • Profile picture of the author Patrick
        Originally Posted by FredJones View Post

        Yeah, only that Paypal is neither following the regulation set up for a bank in India nor following that of a payment processor in India. They need to follow one rule surely !!

        Well Fred, think of this. If paypal is not following what RBI requires, why doesnt India ban them ?

        Just think about this for a minute and then you will realize how the corporate (corrupted) bureaucracy in India works !
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  • Profile picture of the author Patrick
    Yeah it is RBI who is doing it and not Paypal.

    And secondly, nothing will happen if you do not withdraw your funds within 7 days. If you remember, there was a 30 day limit earlier, but it was all BS as well. I had called Paypal too and they said it would still remain in your account.
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  • Profile picture of the author silent_thunder
    Atleast RBI has the intelligence and guts to challenge this PAYPAL mess...

    Why would paypal charge money from me and add to that give me no interest for the money I have with them...

    RBI had asked PAYPAL to reveal transactions for more than $500 but they refused to do so! PAYPAL WANTS T KEEP ITS SECRETS
    Reserve Bank Of India Hates Small Businesses [Paypal] | Money Making Sutra
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  • Profile picture of the author vishalduggal
    FredJones are you really from India?
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    • Profile picture of the author Kay King
      RBI had asked PAYPAL to reveal transactions for more than $500 but they refused to do so! PAYPAL WANTS T KEEP ITS SECRETS
      Do you realize what you are saying? It makes no sense whatsoever.

      Paypal already KNOWS what you transfer in and out of your Paypal account. It is RBI that wants access to YOUR financial details.

      In India, as of January 27, 2010, PayPal has no cross-border money transfer authorization. In The New York Times article "India's Central Bank Stops Some PayPal Services", Reserve Bank of India spokesman Alpana Killawalla stated: "Providers of cross-border money transfer service need prior authorization from the Reserve Bank under the Payment and Settlement Systems Act, PayPal does not have our authorization."



      PayPal is not listed in the "Certificates of Authorisation issued by the Reserve Bank of India under the Payment and Settlement Systems Act, 2007 for Setting up and Operating Payment System in India".
      Why would RBI not authorize paypal? Perhaps because paypal doesn't just hand over YOUR financial details to RBI on command but requires documentation of such requests. Might that have something to do with it?

      kay
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      • Profile picture of the author Patrick
        Originally Posted by Kay King View Post

        Do you realize what you are saying? It makes no sense whatsoever.

        Paypal already KNOWS what you transfer in and out of your Paypal account. It is RBI that wants access to YOUR financial details.



        Why would RBI not authorize paypal? Perhaps because paypal doesn't just hand over YOUR financial details to RBI on command but requires documentation of such requests. Might that have something to do with it?

        kay
        Absolutely right ! Paypal has been operating in India since more than 10 years and always they have been the victim of corporate corruption which exists in India to a LARGE extent.
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      • Profile picture of the author FredJones
        Originally Posted by vishalduggal View Post

        FredJones are you really from India?
        Yes but more importantly I always accept Paypal money in the name of my partner Sudeshna and she is from India.

        Originally Posted by Kay King View Post

        Do you realize what you are saying? It makes no sense whatsoever.

        Paypal already KNOWS what you transfer in and out of your Paypal account. It is RBI that wants access to YOUR financial details.



        Why would RBI not authorize paypal? Perhaps because paypal doesn't just hand over YOUR financial details to RBI on command but requires documentation of such requests. Might that have something to do with it?

        kay
        Paypal's operation as a body involving finance would be licensed only under the regulations of RBI, no finance body in India can function without that (just like Federal Bank in the USA). Paypal has been conveniently ignoring it and RBI, as a part of Govt of India stance, has been soft because it wants business to develop in India (just my perception) - however everything has a limit and Paypal is touching its limits in a way ...That's all it is, nothing more than that.
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        • Profile picture of the author apoorv.parijat
          I'd agree, Fred. It always happens around the Feb-March period and has been the same for the last 3 consecutive years.

          Do you realize what you are saying? It makes no sense whatsoever.

          Paypal already KNOWS what you transfer in and out of your Paypal account. It is RBI that wants access to YOUR financial details.
          I think it makes total sense, Kay.

          RBI wants Paypal to report any transaction above $500. Paypal doesn't want to do that. Its perfectly within their rights to not disclose the details but then they won't be allowed to be in India. So, they stop allowing any transactions above $500. Again, perfectly within their rights to do so.

          RBI needs to have access to all the details of what's going in and what's going out, Kay. As Fred said, no financial body in India is above RBI. Everyone has to follow the rules that are laid down. If Paypal doesn't want to and simply avoids any and all transactions above $500, more power to them.
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          • Profile picture of the author shekhar
            I have a specific question on the implication of this on those users who do not freelance/outsource through paypal.

            I have a small website which sells small pdf booklets for $2 & $5 each through Paypal. My monthly income from this route is only $70-80 at best. Since this is not a substantial income, I do not transfer this amount to my bank (by requesting a Cheque ) and let the money lying in my Paypal account. Instead, I use this money to renew my domains, buying books online and, at times, purchasing some digital goods (like Anti virus software renewal, ebooks etc).

            This arrangement is quite suitable for me as it takes care of my small miscellaneous expenses. As you can notice, I am neither an exporter nor a freelancer. Since the paypal change talks about "RegardsExport-related payments for goods and services", I am a little bit confused in understating theml as to how they are going to affect me as an end user of Paypal based in India. Will the new changes affect the above arrangement I am having (involving getting little money through Paypal and then re-spending it on minor expenses)?

            A clarification on your part is highly appreciated.
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            • Profile picture of the author Kay King
              I think what you need to do is petition your government and the RBI as they are setting the regulations not Paypal.
              Exactly what I've thought. Isn't the RBI similar to our Fed Reserve? Or is it a tax authority as well?

              Thing is - on blogs we have people blaming paypal (and most of the blaming isn't from those in India). But on blogs out of India I'm reading comments like the one below.

              We saw this coming. The Reserve Bank of India (RBI) has again enforced "new rules" onto the Paypal accounts, because of which, PayPal team were forced to revise its user agreement with the Indian PayPal account holders. These new rules shall be effective from 1st March, 2011...

              It is important to know that these restrictions were imposed by the RBI -- not by the PayPal. Clearly we, the Indian PayPal users, have a bumpy ride after the new rules are in action.
              It's a difficult situation for Indian marketers and hopefully it will ease sometime in the future. The changes are not scheduled to take effect until march - which gives time for some "repositioning" by RBI or Paypal. It has happened before so we'll see.

              kay
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  • Profile picture of the author amitdante
    You guys are only thinking that paypal wants to be free from governmental rules, But what about us, We can't make more than 500$ and have to withdraw every 7 days.. Its a serious trouble for us. RBI is right in placing restrictions because they hold our hard earned money with them, the should follow rules because we are talking about real money.
    I am very thankful to Fred Jones for this informational post.
    DanTe.
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    • Profile picture of the author Richard Van
      The problem as well is, it's not just Indians this happens to.

      I know from recent experience I can't even send mony to Ghana, Nigeria or Uzbekistan, this is just my experience.

      I can only assume this is a very widespread issue.

      I might also add, the Nigerian in question was King Shiloh himself.

      How can I not send money via Paypal to a King? :rolleyes:
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    • Profile picture of the author Patrick
      Originally Posted by amitdante View Post

      You guys are only thinking that paypal wants to be free from governmental rules, But what about us, We can't make more than 500$ and have to withdraw every 7 days.. Its a serious trouble for us. RBI is right in placing restrictions because they hold our hard earned money with them, the should follow rules because we are talking about real money.
      I am very thankful to Fred Jones for this informational post.
      DanTe.

      This is stupid. Is that what RBI is saying, no one can earn more than $500 ?? Who is RBI to decide what we will earn ??

      I sometimes get projects worth $1000 and more...What will I do ? Say to the client, oh its ok pay me $499, my country is jealous of me earning more !!
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      • Profile picture of the author Kay King
        [QUOTE][Who is RBI to decide what we will earn ??
        /QUOTE]

        Maybe I'm geographically challenged - but if you don't live in India, why would it affect you?
        How wide is the reach of RBI?
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      • Profile picture of the author amitdante
        Originally Posted by schwarzes View Post

        This is stupid. Is that what RBI is saying, no one can earn more than $500 ?? Who is RBI to decide what we will earn ??

        I sometimes get projects worth $1000 and more...What will I do ? Say to the client, oh its ok pay me $499, my country is jealous of me earning more !!
        I guess you didn't read it completely.. we cant recieve more than 500$ i.e. Indians
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        • Profile picture of the author Richard Van
          Originally Posted by amitdante View Post

          I guess you didn't read it completely.. we cant recieve more than 500$ i.e. Indians
          Amit my old mucker,

          The young 16 year old lad I gave $30 dollars to for 30 seconds work, the same lad I've barely heard from since. I was nice to you sunshine.

          I assume you're talking for your Indian brothers and sisters now?

          Good for you.

          Last time we spoke you were pleading poverty my good friend. You earn more than $500 now??

          Did you buy your school books back with the money I gave to you?

          I hope so....you see, I wouldn't know, you haven't told me.
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          • Profile picture of the author amitdante
            Originally Posted by Richard Van View Post

            Amit my old mucker,

            The young 16 year old lad I gave $30 dollars to for 30 seconds work, the same lad I've barely heard from since. I was nice to you sunshine.

            I assume you're talking for your Indian brothers and sisters now?

            Good for you.

            Last time we spoke you were pleading poverty my good friend. You earn more than $500 now??

            Did you buy your school books back with the money I gave to you?

            I hope so....you see, I wouldn't know, you haven't told me.
            I had messaged you but you didn't replied. And regarding 500$ not now but I am sure 1 day I will be earning that.
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            • Profile picture of the author Richard Van
              Originally Posted by amitdante View Post

              I had messaged you but you didn't replied. And regarding 500$ not now but I am sure 1 day I will be earning that.
              Good for you my friend. I don't doubt that at all, much more as well, I'm sure.

              I didn't reply because I got the same question, "when will I earn money", you didn't mention anything else other than doing the keyword stage of "The challenge" as I advised you.

              At 16, you need to learn how to earn money. You told me you'd never worked before, therefore you need to know how to first.

              It's not a problem Amit.

              My question still stands though, did you buy your school books back with the cash I gave you?

              That was, after all, the reason I helped you.
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            • Profile picture of the author Kay King
              We need to find a competition for them or they will become the only king and dictators.
              Who is "they"? If you are talking about Paypal you clearly didn't read the entire thread. The regulations are coming from RBI - Paypal is just following the laws RBI has imposed for Indian citizens.
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  • Profile picture of the author amitdante
    We need to find a competition for them or they will become the only king and dictators.
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