Also paypal withdraws everything to your bank account everyday and leaves a $0 balance so you can't process any intl refunds.
Payment processing is still very hopeless in India.
Payment processing is still very hopeless in India.
In brief, paypal is not a bank (in India) and is not allowed to act like one. Any money it receives it needs to transfer to a real bank immediately, and money to be sent out must come from a real bank as well.