Friday, October 14, 2011

PayPal increases transaction limit from $500 to $3,000 in India

14TH OCTOBER 2011 by 
PayPal has been wrangling with legal issues in India over the past year and has had to bow to several demands of the Reserve Bank of India (RBI), chief among them being imposing a per-transaction limit of $500 on Indian users. Today, however, the company announcedthat said limit had been raised to $3,000, according to a post by Pluggdin. READ THE FULL ARTICLE: TheNextWeb

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