Paypal Receiving limit raised to $3000 for Indian Accounts

RBI have just raised the limit of receiving payment from Paypal from $500 to $3000. Just got the email now and this update is effective immediately. This is a very good news for all Indian bloggers and freelancers mainly for who are earning less than $3000. You can read the email copy below

Raising limit to $3000 is a huge change but most of the freelancers and bloggers are still expecting to raise the limit more than this as their income is more than this. Waiting for next RBI update towards this.

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