PayPal via Facebook
By Sumir Singh

In October, 2011, PayPal announced that it had been notified by the Reserve Bank of India (RBI) that merchants in India can receive export-related payments for goods and services into their PayPal account up to USD 3000 per transaction (raised from USD 500 per transaction).

Today, PayPal has launched its ‘PayPal Send Money App for Facebook’

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Today, we’re bringing the largest online payments company to the world’s largest social network to make it even easier to send money to your friends and family directly from Facebook. Our new Send Money application on Facebook allows users to turn those wall posts into actual gifts.

Facebook users can now send money to their friends and family whether it’s for a special occasion like a birthday or anniversary or just because along with an e-card, photos, videos and a message. With just a few clicks and a PayPal account, it’s so easy! ”