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NFC has decided to ease off every thing for the customers who think its enough to use their wallets. The technology has once again taken a major leap with PayPal’s announcement of support for NFC on the Android phones. The announcement was made by PayPal Mobile senior director at MobileBeat 2011 Conference in San Francisco yesterday. |
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A few days ago, PayPal announced that they will be resuming their operations in India. They pointed out that publishers will need to provide the Importer Exporter Code (IEC) withdraw money from their PayPal account. In an update in the PayPal blog, Farhad Irani, who is in charge of PayPal India, clarified that it is… |
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Earlier we informed you about Reserve Bank of India banning PayPal from carrying out its operations in India. Heres the update of that. RBI has now allowed PayPal to resume bank withdrawals for settlements for export of goods and services. PayPal is expecting to resume this service by 3rd of March. Please note that this… |
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The showdown between online money transfer and India continues. About two weeks ago, PayPal suddenly stopped transfer of money to individuals using India Banks. After PayPal’s suspending of transfer to Indian banks, PayPal wrote in their blog that they are suspending the services to respond to enquiries from the Indian regulators. |
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