Ebay Inc (EBAY)
Want to sell your old stuff or buy a rare item online? EBay is the place to go. You can find anything and everything for sale and you can even set up your own side business if you want. It also owns PayPal, which has become a way to pay for things online. Don't forget about EBay-owned Skype, either - it lets you make phone calls around the world via your computer.
PayPal halts certain payment transactions in India
SAN JOSE, Calif. (AP) - The online payments service PayPal has taken the unusual step of suspending many transactions in India for more than a week.
A spokesman for the service said Saturday that "personal payments" to and from India are being blocked. Transfers to banks in India are being suspended as well.
The spokesman, Anuj Nayar, said PayPal is taking the step while it answers questions that have arisen about the service. He declined to elaborate.
Nayar said the suspensions began Jan. 28. He wrote in a blog post that PayPal, which is owned by eBay Inc., hopes "to resolve the situation as quickly as possible."
___
On the Net:
PayPal blog post:
http://bit.ly/cSzjF0
Events
-
September142010eBay Inc. Presents at Deutsche Bank Tech Conference, Sep-14-2010
-
September282010eBay Inc. Presents at 5th Anti-Counterfeiting & Brand Protection Summit, Sep-28-2010 04:00 PM
-
October202010eBay Inc. expected to report Q3 2010 results on October 20, 2010. This event was calculated by Capital IQ (Created on July 24, 2010).
-
January192011eBay Inc. expected to report Fiscal Year 2010 results on January 19, 2011. This event was calculated by Capital IQ (Created on June 27, 2010).
Members who own this company also own
Current price per share
Today's gain: $0.03 (0.12%)
