Paypal increases transaction limit to USD 3000 with RBI nod. Some relief for online merchants
15th October 2011

Some relief for online merchants in India dependent on Paypal for their online payments from abroad. With RBI?s nod Paypal has increased the limit from USD 500 to USD 3000. However the other restrictions such as remitting the money within a week etc. remains in place.

For the official Paypal take on it.
https://www.thepaypalblog.com/2011/10/great-news-for-our-merchants-in-india/

Cheers,
Ron

Related Posts
Web design firms must work towards a deeper engagement with clients
10th August 2018   |   

20 years ago, when we started in this field, the website was a neat little marketing tool for businesses. A ‘nice to have’ but not necessary item for the marketing manager. But over the years the value and functionality of the corporate webs

Continue Reading
Quick Reads 4th July 2018 - A round of interesting stories from the web
4th July 2018   |   

This time we have an eclectic mix of links from the web. From pet friendly offices to AI's that can fool humans. It's Bring Your Dog to Work

Continue Reading
Book Reco: The Art of the Good Life: Clear Thinking for Business and a Better Life by Rolf Dobelli
18th June 2018   |   

Normally I am wary of self help books with their generic advice which is pretty much the same all over. But I was pleasantly surprised by this book. The author's easy style of writing, unique perspective and advise really makes this book a pleas

Continue Reading
Why many Indian companies struggle to leverage Social Media for their businesses
11th June 2018   |   

Everyone agrees that social media can be a powerful source for business and brand development. There is not a single marketing or communications manager who would dispute that. However there is a huge gap between what companies believe and how t

Continue Reading
Quick Reads 6th June 2018 - A round of interesting stories from the web
6th June 2018   |   

These are stories which caught our interest when browsing the web. They are as varied as they are interesting but all have something to do with either technology, e-commerce, business or work life.

Continue Reading
quick enquiry