PayPal and RBI parody in three lines

PayPal vs RBI

RBI : Dude .. u’ve gotta follow our guidelines .Its been long since u’ve been defying us .. grrrr

PayPal : Hmm… I can’t be mandated by you …Check out my shiny new policy.

Result : SMBs and freelancers , rather meat and potatoes of foreign cash inflow are literally ****ed !!

PayPal is not bank, and they can not be a bank in India because of the rules and regulations set by RBI.Obviously, just like any other company they won’t hesitate to maximize profit without getting into too much regulations.

Conclusion : Use google to find out PayPal alternatives.

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