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New PayPal restrictions sending payments to India

Posted by Patrick Lambert Categories: Corporate News, Internet,

In a strange yet potentially devastating move for Indian companies and freelancers, the Reserve Bank of India (RBI) has introduced new directives which forces PayPal to restrict any payment for out-of-country services or goods to $500. This means companies and individuals from India wanting to sell services or products to customers outside of the country will have to keep it to a maximum price of $500 per transaction or do so using other means.

It's unclear why the restrictions were added. It's likely that this will impact the economy of the country, which is becoming very popular in several tech related sectors, especially over the Internet, where PayPal payments are common. The likely outcome is increased corruption, and alternative means of money exchange booming as a result of this.

Read More | PayPal Blog


High hopes for Twins’ Kubel

Posted by Adrien Griffin Categories: Athletes, MLB,

Jason KubelWhen a player has a fantastic season, the expectations of him are that much higher the following year, and that is certainly the case right now for Minnesota’s Jason Kubel. He tore it up as designated hitter for the Twins in 2009, and after experiencing some incredible personal and team success last season, Minnesota is hoping to improve in many areas, and while Target Field is one of them, they hope the on field product is that much better.

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