It seems PayPal is going to provide Debit Card for Indian users.
According to the email sent from PayPal to its Customers, the Debit Card will a MasterCard.
So, the PayPal users can withdraw money from MasterCard supported ATM centers immediately. Otherwise, normally withdrawing money to Bank account from PayPal will take 2 or 3 days.
You can read this eHow article to learn more about getting PayPal Debit Card.
You can refer the discussion about this news here.
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