New Paypal User Need Help in adding funds

Discussion in 'PayPal' started by nikhilkdipsar, Jun 14, 2012.

  1. #1
    Hello Friends Find this forums on google and looks like m at the right place for Help

    I m from India , need to buy some online games from Steam so i made paypal account , Now i verified it too with my bank account but I need help in adding funds to it.
    I dont have Credit card , Just SBI bank account and ATM card.

    also i want to ask 1 more thing , if i get a payment in my paypal account , will that money gets transfered to my bank account automatically ? (got one mail from pp when i was registered with pp that says ur money will get transfered to bank automatically , maybe that was before verification , but dont know exact)
     
    nikhilkdipsar, Jun 14, 2012 IP
  2. rajanurs

    rajanurs Well-Known Member

    Messages:
    268
    Likes Received:
    11
    Best Answers:
    0
    Trophy Points:
    110
    #2
    - You need to add credit card as funding source

    - Yes your PayPal balance with get automatically transferred to your bank account
     
    rajanurs, Jun 14, 2012 IP
  3. alamlinks

    alamlinks Well-Known Member

    Messages:
    992
    Likes Received:
    8
    Best Answers:
    0
    Trophy Points:
    140
    #3
    you can get money from other and you can transfer the money to your bank account, no problem. But to pay some one from your account you need to have credit card.
     
    alamlinks, Jun 14, 2012 IP
  4. nikhilkdipsar

    nikhilkdipsar Peon

    Messages:
    11
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #4
    ok i got the first part that i need CC to add funds ,

    about second part is it possible to prevent automatic transfer of funds from my pp acount to bank (because if this happens there will be no money in my account to buy anything , the whole purpose of pp is lost in that case)

    and yes can i use Webmoney or moneybookers instead of paypal to add funds with just bank account or SBI ATM card , I really need some source to buy games from Online Steam store and i dont have CC
     
    Last edited: Jun 14, 2012
    nikhilkdipsar, Jun 14, 2012 IP
  5. Digital_shubhi

    Digital_shubhi Illustrious Member

    Messages:
    11,524
    Likes Received:
    760
    Best Answers:
    12
    Trophy Points:
    405
    #5
    Even if you have balance in PP you can't use it to buy anything. You need a CC or a VCC to buy things via PP.
     
    Digital_shubhi, Jun 15, 2012 IP
  6. nikhilkdipsar

    nikhilkdipsar Peon

    Messages:
    11
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #6
    I dont think so , balance in PP is like balance in visa , u need CC to add funds to PP thats all

    If u r right , and CC is needed to buy things via pp then wats the point of using PP at all
     
    nikhilkdipsar, Jun 15, 2012 IP
  7. dp2011

    dp2011 Greenhorn

    Messages:
    43
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    16
    #7
    You can buy things with your paypal balance for sure
     
    dp2011, Jun 15, 2012 IP
  8. Digital_shubhi

    Digital_shubhi Illustrious Member

    Messages:
    11,524
    Likes Received:
    760
    Best Answers:
    12
    Trophy Points:
    405
    #8
    Looks like you are not updated with changes made in PP. Indian govt won't let you do this.
    And you use PP for online business mostly otherwise there are not much Indian sites which accept PP if you need to buy something.
     
    Digital_shubhi, Jun 15, 2012 IP
  9. nikhilkdipsar

    nikhilkdipsar Peon

    Messages:
    11
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #9
    Bro m new to PP , and i want PP for 2 things
    1 . to buy some games from steam store online
    2. To transfer funds to non Indian Gamers in exchange of game keys
    Pls have a look at my other thread
    http:// forums.digitalpoint.com/showthread.php?t=2498383#post17762404
     
    nikhilkdipsar, Jun 15, 2012 IP
  10. Digital_shubhi

    Digital_shubhi Illustrious Member

    Messages:
    11,524
    Likes Received:
    760
    Best Answers:
    12
    Trophy Points:
    405
    #10
    And for both these things you would need to have a credit card. Paypal balance won't work.
     
    Digital_shubhi, Jun 15, 2012 IP
  11. rajanurs

    rajanurs Well-Known Member

    Messages:
    268
    Likes Received:
    11
    Best Answers:
    0
    Trophy Points:
    110
    #11
    As per RBI regulations Indians are not allowed to keep money in PayPal balance and use it to make payments. It has to be withdrawn to your bank account ... then you can pay your credit card to increase the spending limit which can be again used to make payment through PayPal.
     
    rajanurs, Jun 15, 2012 IP
  12. nikhilkdipsar

    nikhilkdipsar Peon

    Messages:
    11
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #12
    Bro i didnt get u , if we cant keep money in PP then how can we make payments thru it ?
     
    nikhilkdipsar, Jun 17, 2012 IP
  13. Digital_shubhi

    Digital_shubhi Illustrious Member

    Messages:
    11,524
    Likes Received:
    760
    Best Answers:
    12
    Trophy Points:
    405
    #13
    Why to keep money in PP when you can' use it to make Payments?

    Don't repeat same question in a different way. Just get it clear that you can't use your Paypal balance to make any payment. You can do so by using a CC only.
     
    Digital_shubhi, Jun 17, 2012 IP
  14. rajanurs

    rajanurs Well-Known Member

    Messages:
    268
    Likes Received:
    11
    Best Answers:
    0
    Trophy Points:
    110
    #14
    You cannot make payments using the balance in PayPal because Reserve Bank of India does not allow you to make payment from the money received in PayPal. It is also not possible to add funds to PayPal.

    You have to add a credit card as funding source and when you make a payment the credit card will be charged.
     
    rajanurs, Jun 17, 2012 IP
  15. nikhilkdipsar

    nikhilkdipsar Peon

    Messages:
    11
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #15
    can i use Debit card Instead of CC , and can i send money to other users PP account using Debit card ?
     
    nikhilkdipsar, Jul 4, 2012 IP
  16. Digital_shubhi

    Digital_shubhi Illustrious Member

    Messages:
    11,524
    Likes Received:
    760
    Best Answers:
    12
    Trophy Points:
    405
    #16
    Yes, few banks like HDFC allow you to make Virtual credit cards. You can use them to send money to other PP users.
     
    Digital_shubhi, Jul 5, 2012 IP
  17. nikhilkdipsar

    nikhilkdipsar Peon

    Messages:
    11
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #17
    HI , I applied in my SBI bank , my friend said they give VISA debit card , so can i use that ?
     
    nikhilkdipsar, Jul 5, 2012 IP
  18. andrekhrisna

    andrekhrisna Active Member

    Messages:
    191
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    53
    #18
    You should read all the instructions in PayPal website.
    You better ask PayPal CS rather than asking here.
     
    andrekhrisna, Jul 5, 2012 IP
  19. Digital_shubhi

    Digital_shubhi Illustrious Member

    Messages:
    11,524
    Likes Received:
    760
    Best Answers:
    12
    Trophy Points:
    405
    #19
    No, only credit cards work in PayPal.
     
    Digital_shubhi, Jul 5, 2012 IP