Paypal no more a Pal

May 25, 2010
By Rang De Team
Announcement from the Team

In the last couple months, many of you would have realised that paypal payments are not going through on Rang De. We apologise for this huge inconvenience, especially for those of you who are investing from abroad. Paypal offered a quick and secure way of making payments but their policy have now changed. This is the e-mail we received from paypal and the account is now blocked.

Hello RangDe.Org,

We appreciate your interest in PayPal.

As you are aware, due to legal and regulatory constraints in India, PayPal
Pte. Ltd. is unable to process payments for your charity and/ or non-profit
organization, since it uses PayPal solely for online donations without
involving the purchase of any goods or services.

Please understand that this is a compliance measure intended to help ensure
adherence to applicable laws in India. We apologize for any inconvenience.

If your charity / non-profit organization uses PayPal to receive payments
against products or services sold online, please contact PayPal by sending
email to apacdd@paypal.com from your registered email address.

We thank you for your prompt attention to this matter.

Sincerely,
J.R.
PayPal Compliance Department
PayPal, an eBay Company

We are looking out for ways in which people can pay using their international credit cards. Do get in touch with us should you have any solutions.

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