I'm sad to say that if your from india and if you have been using paypal to recieve payments for good/services or publisher earnings, that you must have gotten the shock of your life. Paypal just blatently started reversing personal payments to and from India.
They never gave anyone any information regarding why this was being done. Only communication that most of you recieved was the issue will be resolved soon. But they failed to mention what the issue was. It was just pathetic.
Next comes Infolinks, for those of you that are in their publisher network and had recieved payment in feb 2010 must have gotten your payments reversed as well. So far from what i could gather no one has recieved a proper reply from Infolinks regarding this payment and what's going to happen to it. Few people had contacted them around 8 days back and are still waiting from a reply from them.
I know there has been talk of finding an alternate payment processer. Its difficult only other option is Alertpay. But very few companies support payment through it. Also Paypal is owned by ebay so you can forget about using alert pay in ebay.
Feel free to comment on the issue and if any infolinks publishers are out there, please update me on the communication your having with Infolinks regarding reissuing of the payment.
Tuesday, February 9, 2010
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Informative read regards The Paypal Monster. Paypal is a great and secure way for making payments and it is very hard to find an alternate payment processor.
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