Best way of receiving money online in India

Discussion in 'Payment Processing' started by Theozard, Dec 1, 2006.

  1. #1
    I am currently working on a project for a client in the U.S and im wondering which is the best method to receive money from him in India. Is it paypal or something else? doesnt paypal give it after 20-30 days after asking for it?
     
    Theozard, Dec 1, 2006 IP
  2. Freewebspace

    Freewebspace Notable Member

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    #2
    There are two

    1)Paypal

    2)Xoom

    You need an credit card for the paypal verification and it will usually take 20-30 days for an Paypal check to arrive in India

    But you can send the money via Xoom it will take only 6-7 days

    The important thing is that you should give a foreign address for Xoom account (you can fund Xoom account via paypal)
     
    Freewebspace, Dec 1, 2006 IP
  3. khin007

    khin007 Banned

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    #3
    hi but tell me more about Xoom . what about the address? should i need to provide real address
     
    khin007, Dec 1, 2006 IP
  4. avkinfo

    avkinfo www.senpai-it.com

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    #4
    Moreover, you should also, have a non-indian, verified Paypal account.
     
    avkinfo, Dec 1, 2006 IP
  5. Zafar Ahmed

    Zafar Ahmed Active Member

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    #5
    Or you can use Western Union.
     
    Zafar Ahmed, Dec 1, 2006 IP
  6. Theozard

    Theozard Active Member

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    #6
    how much % brokerage does western union take?I want the percentage as low as possible. Which will be better?Paypal or western union?
     
    Theozard, Dec 1, 2006 IP
  7. agnivo007

    agnivo007 Peon

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    #7
    PayPal at all costs. Just get a CC or a virtual CC to verify your paypal account. Check reaches me within 20 days from the date of request.
     
    agnivo007, Dec 1, 2006 IP
  8. Theozard

    Theozard Active Member

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    #8
    ok amazing. Thanks a lot for the information
     
    Theozard, Dec 1, 2006 IP
  9. ht125

    ht125 Notable Member

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    #9
    i think IKOBO.COM will help you since its well known in asia
     
    ht125, Dec 5, 2006 IP
  10. avkinfo

    avkinfo www.senpai-it.com

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    #10
    Can you please PM me if you know of any virtual CC to use with Paypal.
     
    avkinfo, Dec 5, 2006 IP
  11. ReadyToGo

    ReadyToGo Peon

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    #11
    Paypal is probably the safest route.
     
    ReadyToGo, Dec 5, 2006 IP
  12. acers

    acers Peon

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    #12
    well i usually ask all clients to pay via xoom. Just provide the bank ac number(they cover all major Indian banks) and ask your client to transfer directly to that. Its fast and the costs are way lower than western union.
     
    acers, Dec 5, 2006 IP
  13. keatsian

    keatsian Peon

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    #13
    Hi,

    But is Paypal quicker with State Bank of India?
    At the maximum how many days will it take?
    If not SBI which bank is the best to credit a paypal cheque?
     
    keatsian, Dec 5, 2006 IP
  14. khin007

    khin007 Banned

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    #14
    any bank will do .. Collection charge may vary according to different bank
     
    khin007, Dec 7, 2006 IP
  15. bilalinamdar

    bilalinamdar Well-Known Member

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    #15
    A Indian Resident.
    Answer this question
    Registration address
    Situation 1
    Paypal Indian Verified
    Xoom Indian
    Can't transfer Am i right ?

    Situation 2
    paypal Indian Verified
    xoom usa
    ??????? Answer this

    situation 3
    Paypal foreign verified
    xoom india
    ????? Answer..

    can this happen without changing my Paypal Account Info.

    How to transfer funds to india by operating in india.
     
    bilalinamdar, Dec 12, 2006 IP
  16. arvind_srivastava

    arvind_srivastava Well-Known Member

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    #16
    Wanted to know how to get a virtual CC
    Any sites etc???
     
    arvind_srivastava, Dec 12, 2006 IP
  17. franke1

    franke1 Guest

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    #17
    The only safest way to withdraw money for Indian is requesting check from paypal. But, you can request only after your balance reaches at $150.
     
    franke1, Dec 12, 2006 IP
  18. Freewebspace

    Freewebspace Notable Member

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    #18

    For situation 1 you cannot transfer

    But for situations 2 and situation 3 you can transfer the money

    Today I got a email stating that the Xoom transaction has been completed

    My address is singapore

    But I registered with an Indian address and then changed to Singapore


    Now I have no problem
     
    Freewebspace, Dec 12, 2006 IP
  19. elavenil

    elavenil Peon

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    #19
    xoom is very good option, i received money with in one hour.all you have to is find xoom collection center (pickup location) near your place.
    https://www.xoom.com/locations?co=IN
    then tell your client to select that pickup location.You have to show one photo ID like voters card or driving licence .you will receive the cash instantly.
     
    elavenil, Dec 12, 2006 IP
  20. DP Most

    DP Most Well-Known Member

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    #20
    Can I receive payment Cheque from pay pal without verified account?
     
    DP Most, Dec 12, 2006 IP