Paypal - Just found something new - Withdraw to your Card !

Is anyone willing to send me 1$ to my PayPal account?

I think I just may had a little orgasm! I'm finaly allowed to accept funds to my PP account! Yay! I don't know what's the deal with personal accounts because I don't have a credit card, I've purchased VCC some time ago and I want to test it out, just to be sure. So, is anyone willing to send me 1$ via PayPal? Please reply here or send me a PM.

 

Did anyone got the funds directly using this new option

 

Yes you are right. Corporation Bank Debit card is a valid card as per paypal terms but Corporation bank is not allowing to use this card for Internet payments. I have had a same issue. I have contacted them and they have told me this reason. so you can't use Corporation Bank Debit card for Internet payments though it is having VISA logo and CVV number.

 

Maybe, but VMI still does have some advantages in speed, security, etc. I guess it will depend on the user's preferences.

 

This is good news for me. This came earlier than I expected.

 

VMI is best option in the long run. Very secure and will be around for much longer time period than all the others. Good Luck.

 

Now paypal will rock more than earlier & it is easy as we can spend on our CC & pay the dues from pp a/c doesnt it sounds interesting But has anybody used this??? I m Indian can i use it for Indian CC ??

 

Some Bad NEWS :

Visa Money Transfer will not work !!!! Because VMT allows transfer of funds within india only. which means I can transfer or recieve money only from cards or people issued or residing in india. I hope a credit card will work to solve this problem but don't have one to try. If anyone tries using credit card to withdraw money please let me know tooo !!!

If I am wrong then please update with the steps to withdraw to card.

 

yes, I think you are right.

I have tried using ICICI banks VISA debit card (International), But PayPal didn't accept that.

 

Great find, maybe its about time I should apply for a CC. I do have a DC though, I had withdrawn a few days back, so cant try it

Waiting for someone to try it - Indian Citizen.

Thanks.
Best Regards,
Kulwinder.

 

hey guys, open ur eyes

Before applying for any new Credit Card or Debit Card go to your bank or call your phonebanking support to know if International Visa Money Transfer is available to you or your bank. If not........ buying any new Debit Or Credit Card (Intrenational) won't help.

Last night I kept awake just to check that. I tried three cards from three different banks but it wont work

Looks like the indian goverment (RBI) is still to wake to "Progress" which banks in other countreis have already achieved

 

I just tried to HDFC debit card for withdrawing pp fund.But its not working ?

 

SANEEPREE:

Did you use the Netsafe HDFC Visa Debit Card for withdrawing 900 US$. ?What is the latest position ? I mean did you receive the funds to your account, Have you checked with HDFC Bank people regarding the status ? Please reply.

Priyacochin : Did you use the same card I have mentioned above?

Thanks

gopal

 

Hi,

I am from India.
After going through the various options it seems :

1)The amount can only be transferred to "Visa" Cards and not "Master" Cards.So Cards with logo VISA will only work.

2)Indian Debit Cards of all banks,forms,sizes are not working.I have tried atleast 4 out of them 2 Gold Debit Cards.

3)Adding a Credit Card and getting your account verified 1st and then add another Debit Card to transfer funds sounds difficult to me as posted by someone who has done it.If the Debit Card on the 1st place is not accepted then how can it be added later also for withdrawing or transferring funds?

4)For the time being it seems we have to live with the fund withdrawal only by Cheque mode and that also receiving the cheque after 4-8 weeks of despatch from Paypal.

 

Yes Using debit card is difficult. It depends on the issuing bank. And paypal has clearly mentioned it i think.

See this mail sent to me by paypal today morning.

Dear XXXXXX,

New Withdrawal & Receiving features are
now available!
Withdraw Funds to Your Debit or Credit Card
We're pleased to announce the launch of a new
withdrawal feature, allowing you to transfer funds
from your PayPal account to your Visa branded
debit card or credit card1. Learn how to get
convenient access to your funds now.

Receive Money in Indonesia & the Philippines
In addition to the existing sending money capabilities and
the new withdrawal features, registered members in the
Philippines and Indonesia can now receive funds from
190 markets and 17 currencies.

Important: You'll need to be a verified member to use the new
withdrawal feature.


1. Eligibility to withdraw funds to a Visa credit/debit card may vary based on the issuing banks guidelines.

 

can any onr tell me what this concept of VMI is. How do they work. I have not used them yet as i dont know much about it.

 

Yes, I noticed that yesterday but didn't try it just yet.
Seems like a nice feature

 

Hi,
Even if you are a verified member paypal is not allowing to add a debit
card as a second card. You can only add another credit card VISA or
MASTERCARD and go through the verification process again.

Did any Indians withdrew funds to their credit cards?

Would love to hear the results?

 

I tried adding my HDFC Gold Debit card.
But I am getting the following error message:


Why Indian Debits cards are not getting added?