Why Restrictions on paypal in India?
Hello,
I just want to ask why Reserve Bank is strict for paypal in India. I googled and found many reasons.
A few of them state that paypal is restricted as value of Rupee vs USD was falling down and other state that paypal refused to provide information to RBI on transactions of more that Rs 25000.
I want to know real reasons for restricting paypal in India as using paypal ow is becoming really painfull.
