Hi There, I am from India and have been using paypal from quite a while. So I welcome all your questions. I will be happy to assisst you. Regards
Alrighte Guys and all N00b's . Goforhunt is our Official Guide for paypal hence forth. Kudoos to him!!
Hello all , i just need to collect payment online (thru sites and people)and for that I am considering PAYPAL? so tell me which account should i go for its business purpose and are we allowed to brgin money in India? how can i transfer my money in Paypal 2 indian bank(current account). what r the charges paypal charge for all these have writtren email 2 them but the have passed me link for useragreement. or there is alimit of 500$ Pm.? does FEMA applies if i get more payment? thanks for the help in advance
Hi Buddy, As suggested by FunIndya...yes, at the moent xoom is the best option. Its reliable and very fast than asking for cheque from Paypal. Great service. Cheers!
Hi Frnd, Yes paypal is best option, as egold is not that safe,though fees of paypal is bit high for indian like verified accounts have 3.9% + $0.30 You can go for premier account and can add you Credit Card to it. To transfer money from paypal to your bank accounr www.xoom.com is the best option...they charge $8 for upto $500 and upto $2000 they charge $15. So nominal fees for converting Paypal to INR You can do more transaction per month if you have premier account. Hope this helps. Good Luck
Thanks goforhunt, paypal and xoom is clear. >>and can add you Credit Card to it. paypal or XOOM? q-->what does that actually means? q-->that is need to submit my credit card details? q-->and if yes do they deduct any money from it? 3.9% +$0.30 thats clear.. then i tansfer my money to xoom q)-->do they charge for this transfer? and xoom will charge $8/$15 for transfer 2 my bank account this is clear. thanks once again for the reply..
Your welcome buddy. Credit card is to be added to paypal to increase limit on ur account. yes they will deduct 1.95$ and u wud need to enter the transaction number which will appear on ur CC statement and they will give u refund of $1.95 on your first transaction. Regards