Paypal introduce new rules in India, which limits the value of each export receipts related to $ 500. This was announced through a blog paypal where balance and payment to the customers paypal account can not be used and must be transferred to the customer's bank account in India Paypal within seven days.
This restriction is done because of the new requirements of the Reserve Bank of India (RBI) to regulate the management and adjustment of export earnings linked through online payment. Government of India concerned if an intermediary such as Paypal which is used by exporters who have violated the state foreign exchange and income tax regulations.
