xoom.com is no more supporting paypal from march 24 2010

xoom.com is no more supporting paypal from march 24 2010

Recently Xoom.com has announced ,

After March 24, Xoom Will Not Accept PayPal As a Payment Method

After Wednesday, March 24, 2010, Xoom will not accept PayPal as a payment method for money transfers. Any PayPal-funded transactions that have been placed before that time will be processed as usual.

We sincerely apologize for any inconvenience this change in our service may cause our customers.

Customers will still be able to pay for Xoom money transfers after March 24 by using either a United States bank account, a debit card or a credit card. Using a United States bank account is an easy, secure and low cost way to send money with Xoom.


If you have any questions or comments regarding this change, you can send us an email through our Help Center or call our Customer Service team at 877-815-1531 (within the U.S.) or 415-395-4225 (outside the U.S.). Our call center is available 24 hours per day, 7 days a week.

Also they said

Why Xoom Ended The Use of PayPal as a Payment for Money Transfers

Since we made our announcement yesterday regarding our decision to discontinue the use of PayPal as a payment source, we’ve had lots of questions.

We understand that many of you prefer to pay for your money transfers using PayPal and have had excellent experiences. We are very sorry our decision will inconvenience you. However, we believe this is the best overall decision for us to make on behalf of all our customers. We’d like to take this opportunity to answer many of your questions.

The Xoom Core Business: Money Remittances for Friends and Family

At Xoom, our core business is money transfer for friends and family remittances. PayPal funded transactions are mostly for commercial payments which is not the core Xoom business. Since commercial payments are not our focus, we cannot effectively vet the merchants asking for payments through Xoom.

Why Did Xoom Do This?

First, our customers had too many bad experiences with unprofessional or, in some cases, fraudulent merchants. We’ve decided to stop supporting PayPal to protect the interests of these customers.

Second, if you want to buy commercial goods or services with PayPal, it is probably best to use a service that is directly supported by PayPal as PayPal is very effective at controlling merchant quality.

Third, PayPal funded transactions represent a small percentage of our overall business. Removing support for PayPal will help us focus on our core business even more than before. We expect this decision will keep us very focused on constantly improving the family remittance service.

Lastly, in order to take advantage of new PayPal processing features, Xoom would be required to integrate to a new PayPal platform. Given the size of our PayPal business and given that commercial business is not our focus; we have decided not to spend resources on a new integration as it would compromise our focus on the family remittance business.

Using Other Payment Sources for Your Xoom Money Transfer

Please remember, if you are sending money to friends or family with PayPal through Xoom, you can continue to use Xoom by linking your Xoom account to your United States bank account, or a credit or debit card.

Paypal Already started asking PAN-card Details from the account Holders.

So i think time is going to be tough.

Finally Paypal is allowing indian users to withdraw funds to their local bank

After a month full of Doom, all the indian developers should be happy now !!

Paypal Shocked us , stating that indians will not be able to withdraw their money.

Thousands of Customer support mails ,and call must have made them aware , how painful was it .

Meanwhile some avatar came ,People Tried.




and as bad as WU.

But finally its Over, paypal is back to business .

You can withdraw your money safely with the same procedure just select , the purpose while doing a withdraw request and you are done.


Xoom.com Not accepting Paypal Payments from India March 2010

Due to paypal denial of india funds transfers ;recently Xoom.com also denied to withdraw paypal funds to indian bank .

Due to paypal denial of india funds transfers ;recently Xoom.com also denied to withdraw paypal funds to indian bank .

I recently called up their support and mail them about this issue.

This is what i got in reply.

Response (Shiva Prasad) – 03/09/2010 03:14 PM
Dear Customer,

Thank you for contacting Xoom Customer Service.

Please be informed that currently we are not allowing intra India transactions through Pay pal due to current regulatory restrictions. We would request you to get back to us after 15 days to know more details about Pay pal transactions.

Please let us know if you have any other questions.

So we need to wait more to use services of xoom in india for paypal.

Meanwhile on March 3 Paypal Resumed the Bank withdraws to indian banks, just mention the purpose for which you get this money.

I have made a withdraw request , paypal is giving 44.06 rs for a $.
I will update the blog about the situation soon.