Just two days back PayPal announced that it will stop its Electronic Withdrawl facility, from july 29th – 2010, for Indian PayPal account holders. But quite surprisingly they have resolved the issue responsible for bringing this service down and made this service live again.
Dickson Seow’s recent post on the paypal blog notified about the continuation of electronic withdrawl service for Indian Paypal users. This is what he wrote in his post:
We’ve received good news – India users can perform electronic withdrawals right now as you did before.
We apologize for the inconvenience this has caused you over the past few days. While we have received your appreciation for the advance notice and the refund of the cheque processing fee, we have also heard loud and clear that you highly value the ease-of-use of our electronic withdrawal service. We want you to know that our customers are our #1 priority and we are working non-stop to improve our service to you.
We sincerely thank you for your patience and continued support as we are committed to delivering a world-class service to you in India. To thank you for your loyalty, we will still provide the US$5 processing fee refund for any cheque withdrawals made from July 29 until further notice.
Please note that processing fee refund of $5 is still available with check withdrawls. So this again a thing to rejoice over for those who prefer withdrawing their funds via check.