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In a series of pains for Indian Paypal users, now Xoom stopped accepting Paypal for transactions to India due to change in RBI Guidelines. For your information, Reserve Bank of India’s (RBI) changed his guidelines due to increased number of black transactions from Paypal. As a result paypal block transaction to/from India and now third parties like Xoom (who accept Paypal as a funding source for sending money into India) are stopping the transactions.

In an official blog post xoom says that

Xoom no longer accepts Paypal as a funding source for transactions to India.
We’ve made this difficult decision in light of the Reserve Bank of India’s concerns about PayPal in India.
We apologize for any inconvenience this may cause you, but would like to remind you that you can still remit money to India by funding your transactions with a United States bank account or a debit or credit card.
The money can be sent for fast deposits to any Indian bank account, door-to-door delivery, or for cash pickup. Xoom continues to offer very competitive exchange rates.

Updates

• Xoom also send an official news updates to all its users via emails (about 4 hours ago) which is as follows:
  

• Official Twitter update

  

• If you have any issues then contact Xoom and check its privacy policy.
• Certificates of Authorisation issued by the Reserve Bank of India under the Payment and Settlement Systems Act, 2007 for Setting up and Operating Payment System in India
• From the news forums (Digital Point) i get to know that
  

  Paypal Updated his Policy for indian User and it will effective from March 10, 2010 But paypal had still not posted on Paypal.com/in (Indian Site) but it is enviable at Paypal.com/us (USA site)
  you can read those policy here

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