Posts Tagged ‘Financial services’

Capital One’s Visigoths Invade FarmVille

Published by pratyushkp on June 3rd, 2011 - in Social, Technology

Image via CrunchBase

Financial services brand Capital One is the latest to land in FarmVille.

Starting Thursday at midnight ET (9 p.m. Pacific), FarmVille players can get coveted “Double Mastery” points on crops and trees harvested within seven days when they place a Capital One Visigoth statue on their farms. This will increase the rate at which players advance to higher levels in the game.

The tie-in also includes access to branded clothing — a FarmVille first — to outfit their male and female in-game avatars with Visigoth costumes. Players can also earn “Fast Cash” by watching a Capital One TV spot featuring the Visigoths, characters the brand introduced in 2000.

The FarmVille foray comes as Capital One, a huge TV advertiser, has been relatively quiet on the social media front. Like many financial services brands, its social media activity is constricted somewhat by regulations. Meanwhile, Capital One is far from the first brand to visit Zynga’s FarmVille. 7-Eleven, DreamWorks and Lady Gaga have all launched FarmVille tie-ins.

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PayPal Suspends Electronic Withdrawal Facility For Indian Users

Published by pratyushkp on July 29th, 2010 - in Social, Technology

PayPal users in India will be asked to use Cheque withdrawal instead of electronic withdrawals for their funds.PayPal has announced the removing the electronic withdrawal functionality for Indian users from August 1, 2010. The only option would be to request for a withdrawal of funds by cheque. According to PayPal, this decision had to be taken in accordance with “regulatory instructions”. PayPal stated that while the company is working towards restoring the facility it has the alternative options in place for future payments which is the cheque payment process. The company is ready to waive the $5 USD cheque withdrawal fee to for cheque withdrawals made from July 29, 2010 onwards, it said.

For users who have been using the electronic withdrawal facility, here is how to request for a cheque withdrawal:

* Log into your PayPal account, click on ‘Withdraw’.
* Click on the ‘Request a cheque from PayPal’ link.
* Enter the withdrawal amount and select your mailing address, then click ‘Continue’.
* Click ‘Submit’ to confirm your request.

This is second such announcement that has affected Indians using PayPal service. In February, PayPal announced the suspension transactions to and from India. However, the order was restored after it announced the resumption of the payment services a few weeks later. That was after the Reserve Bank of India gave a green signal to restart bank withdrawals for settlements for exports of goods and services.

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