Basically, I am looking to consider 2checkout.com for my ecommerce website. Their site doesn't seem to have sufficient information. Can someone address the below questions: 1) How frequently do they pay to Indians 2) What is the minimum withdrawal limit. Can you withdraw once you reach the minimum withdrawal limit or due you have to wait for till the payout time arrives? 3) Can you transfer the money directly to your bank account once the payout time comes? Within how many days do you get the money transfered to your bank account. 4) How many days do they take for approval? thks in advance!
Hi I use 2checkout and I am sure I can answer your questions 1) Their payment cycle has moved from every 21 days to 7 day. This means that you can get paid weekly as long as you hit the set minimum amount. 2)The minimum payment amount is $300. You can also set a higher payment figure if you wish although you cannot withdraw the money yourself. 3) Once you hit the set minimum, it takes a couple of (long) days but eventually they will transfer the money directly to your bank account and you can collect it locally. 4) In my experience I have had to wait 3 to 4 days before I collecting my money. (keep in mind that the process involves also an international bank who transfers money to your local bank so the time may vary. I hope this information is helpful. Regards
I really appreciate these answers. Thanks for your time. I had one more question. Currently, my paypal account is limited but I hoping that it will get activated in a week or two. If it gets activated I might not use 2checkout until there is a problem with my paypal again. As some of you guys know that Paypal doesn't have a sound reputation in India. So, let's say, I get approved for 2checkout in few days and my paypal account also gets activated during the same time and so I don't use 2checkout for few months, will they deactivate my 2checkout account due to no activity? Thks in advance.
I believe your account gets deactivated if it stays dormant for atleast 6 months. You may need to confirm this as things keep changing.