Manish Verma » Paypal http://manishlive.com Freelance Web Developer Tue, 02 Aug 2011 11:26:55 +0000 en hourly 1 http://wordpress.org/?v=3.1.3 Paypal Launched New Version 2.0 of Send Money Application for IPhone http://manishlive.com/paypal-launched-new-version-2-0-of-send-money-application-for-iphone/ http://manishlive.com/paypal-launched-new-version-2-0-of-send-money-application-for-iphone/#comments Thu, 18 Mar 2010 13:33:29 +0000 admin http://manishlive.com/?p=191 Yet Another Related Posts Plugin.]]> PayPal has revealed a new version 2.0 of Send Money application for iPhone. The new version is expected to give PayPal and IPhone customers secure mobile access to their money and various features, including Bump money transfers, Split Check and Collect Money.

With “bump” users can put two IPhones together and funds are quickly transferred between their PayPal accounts. The Split Check feature lets users conveniently divide and quickly reimburse each other for the cost of a meal, including a tip, for up to 20 people.
Collect Money allows users to request money from multiple people for a joint gift, concert tickets, and more. Users can send gifts of money on the spot for birthdays, anniversaries or any moment of impulsive generosity.

With the new PayPal Send Money app, users can set reminders for recurring payments, donate money to their favorite causes, and manage their PayPal accounts — all from the IPhone. For international transactions, it also features a global currency calculator and 15 languages. PayPal Send Money requires a PIN or password for every transaction to help prevent unauthorized use.

Download free application from ITunes

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]]> http://manishlive.com/paypal-launched-new-version-2-0-of-send-money-application-for-iphone/feed/ 0 Paypal Resuming Local Bank Withdrawl To India http://manishlive.com/paypal-resuming-local-bank-withdrawl-to-india/ http://manishlive.com/paypal-resuming-local-bank-withdrawl-to-india/#comments Wed, 03 Mar 2010 10:21:27 +0000 admin http://manishlive.com/?p=68 Yet Another Related Posts Plugin.]]> Last month is upsetting for the Indian Freelancers who use Paypal for the online transaction as Paypal stops personal payment to and from India as well as local bank withdraws.

Now Paypal resumes local bank withdraw with the certain changes to comply with Indian Regulations but personal payments will still be suspended, only accessible to those who are willing to buy or sell goods online since this will undergo some restrictions from RBI.

New field “purpose code” is added for local bank withdraws.The purpose code helps bank to furnish information that may be required by the Reserve Bank of India to identify the nature of the cross border transaction.

For more instructions on New Bank Withdraw, check this New Bank Withdrawal Instructions for Our Customers in India on Paypal blog.

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]]> http://manishlive.com/paypal-resuming-local-bank-withdrawl-to-india/feed/ 0 Paypal Continues To Stop Personal Payment To & From India http://manishlive.com/paypal-continues-to-stop-personal-payment-to-from-india/ http://manishlive.com/paypal-continues-to-stop-personal-payment-to-from-india/#comments Tue, 23 Feb 2010 09:20:07 +0000 admin http://manishlive.com/?p=17 Yet Another Related Posts Plugin.]]> PayPal, part of eBay Inc stops personal payments to and from India, as well as transfers to local banks in India.

Spokesman Anuj Nayar wrote that the company will keep blocking personal payments to and from India as it works out questions that Indian regulators have posed. The payments were initially suspended Jan 28, after regulators questioned whether PayPal payments should be regulated like wire transfers of cash.

As Nayar said, Local Bank Withdrawl which is also suspended, will be available within few days.

The software professionals in the country are concerned over RBI’s decision to suspend Paypal’s services in India. Interruption of PayPal’s services is bound to cause some inconvenience to customers in India, as many rely on it to receive funds from abroad, but they feel the issue would soon be sorted out.

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