Paysafe closing p2p transfers in India and Bangladesh

Customers at Skrill and Neteller received some bad news recently. Both services will on the 14th of October 2020 stop providing customers with the option of transferring funds to other customer accounts. The update likely came as a shock to customers in these countries, seeing as both India and Bangladesh are big markets for Paysafe and one where they have operated in for a very long time, and even cater to in local currencies. It is still at this point unclear if these limitations are permanent or if its a temporary change.

The changes made are for India and Bangladesh specifically and as of yet not part of any further plans to limit account-to-account transfers in general.

Skrill and Neteller still available in IN and BD

Although these changes might be a downside for customers residing in these regions, both Skrill and Neteller are still available for use. Customers are still able to deposit to, and withdraw from their accounts as well as deposit to the same wide range of merchants as before.

Benefits through EwalletVIP

Both India and Bangladesh are core markets for Paysafe, and using their services here come with a lot of benefits. Registering through EwalletVIP gives a fast track to Skrill Silver and VIP upgrade to Neteller Bronze PRO.