Comments on: Making Money Online in India gets tougher

By: Justtrade

Justtrade — Wed, 09 Feb 2011 10:46:03 +0000

why paypal blocked, i m really tired for the sake of paypal pls help me

By: Online Money Making in India gets even tougher with new PayPal norms

Online Money Making in India gets even tougher with new PayPal norms — Sat, 29 Jan 2011 14:44:08 +0000

[...] an year back I had wrote about how making money online from India is getting tougher. Things are getting even worse with PayPal and RBI further tightening the Forex inflow norms for [...]

By: Ajith Prasad

Ajith Prasad — Thu, 09 Sep 2010 07:05:44 +0000

Robert, thank you for your comment and sharing your experience. I am not against compliance but there are couple of other things that PayPal do which I do not like – like the exchange rate mismatch, service fee etc.

By: Robert

Robert — Thu, 02 Sep 2010 23:16:33 +0000

I have just started looking at India as a means of introducing into the Uk market as I know you guys are entrepreneurs in your hearts.

Paypal seem to make the rules up as they go along, I have had trouble with them in the Uk, they don’t mind small amounts of income, but when it comes to large deposits they freeze my account. I had to find an alternative, which turned out to be a Canadian source.

Stick with you guys, what you need is your own paypal equivalent.

Keep up the good work Ajith.

By: Babaji M P

Babaji M P — Sun, 04 Apr 2010 16:22:26 +0000

No. I always transfer fund to credit card.
Seems like the issue has resolved by paypal.

By: PayPal India conforms to Government regulations

PayPal India conforms to Government regulations — Sat, 13 Mar 2010 04:49:06 +0000

[...] | March 13, 2010 | Internet Marketing, News Analysis, Online Money Making Looks like the recent PayPal India chaos – whereby the personal account holders couldn’t withdraw money to Indian banks – has [...]

By: Ajith Prasad

Ajith Prasad — Fri, 12 Mar 2010 03:34:28 +0000

Kavita,
In order to be successful in online money making you have to keep digging alternate options – One cannot just depend on one vendor or source of income.

By: Kavita

Kavita — Mon, 08 Mar 2010 06:12:45 +0000

I have just started my blog and looking this year to get money through paypal. This news is a bit shock to me. I hope RBI soon comes out with a solution soon as there are many big and small online money makers from India.

By: infopediaonlinehere

infopediaonlinehere — Mon, 08 Mar 2010 05:36:37 +0000

true…because many advertising giants like adsense make their rules and policies very stringent, reduced their revenue shares these days and many affiliate networks don’t want to extend their horizon beyond north america…these factors contribute a lot on not making money online

By: Making money online in India « Useful Information

Making money online in India « Useful Information — Wed, 03 Mar 2010 11:53:36 +0000

[...] Making money online gets tougher – covers the business models and problems faced making money online in India. I have noted some of my observations based on personal experience, since I have a pure play online business model. Basically internet business income (not a service provider) is unstable, you can earn US$5,000+ in one month and less than $1000 the other due to factors beyond your control. [...]

By: Nikhil

Nikhil — Mon, 01 Mar 2010 09:05:40 +0000

Hi,

The paypal issue will be resolved soon.You can make huge profits if you know how to properly market things online .I realized about it after experiencing affiliate marketing and information marketing.

By: Making Money Online Still a Good Option In India? | Internet

Making Money Online Still a Good Option In India? | Internet — Thu, 25 Feb 2010 18:16:22 +0000

[...] crap. I happen to come across some discussions on the future of internet in India both online and offline (now that I am graduating and everyone around me assumes that I am going to make money [...]

By: Jo

Jo — Thu, 25 Feb 2010 05:50:50 +0000

True. They reverted and said it’s not possible.

By: Ajith Prasad

Ajith Prasad — Wed, 24 Feb 2010 05:57:50 +0000

Thanks Arun for this very useful resource I am going to try it as well.

By: Arun Basil Lal

Arun Basil Lal — Wed, 24 Feb 2010 01:48:44 +0000

This might help:
http://www.dailybloggr.com/2010/02/how-to-withdraw-money-from-paypal-to-indian-banks-amidst-the-ban/

By: Sai

Sai — Tue, 23 Feb 2010 18:33:08 +0000

Hi,

Can anyone help me on this, recently I received payment in my Paypal account and I came to know that there is some issue between RBI and Paypal.
Now I want to withdraw my money, please let me know how Can i withdraw money, Is it safe to send my money from paypal to any USA paypal account holder how is my friend and I am asking him to withdraw and transfer that amount in my bank account.

Please help me o this..

By: arun

arun — Mon, 22 Feb 2010 12:23:00 +0000

very nice post on blog

By: Ajith Prasad

Ajith Prasad — Sat, 20 Feb 2010 08:35:07 +0000

Jo, the problem is that it doesn’t show up any errors while applying for withdrawal but they would reverse the request at some point, I hear. This is the case with all personal accounts.

By: Jo

Jo — Fri, 19 Feb 2010 06:49:22 +0000

Good point towards the end Ajith.

About PayPal, have they put withdrawals back in place? I have requested a money withdrawal to my bank acct yesterday and they didn’t show up any error message.

By: Ajith Prasad

Ajith Prasad — Mon, 15 Feb 2010 13:47:09 +0000

Philipines economy is a little more open to foreign funding I think. In India they have too strict rules. e.g. Nobody can do forex trading except against USD futures. I think, you dont have such limitations there.