Hey guyz, I'm a newbie to PayPal and I have many doubts. Firstly, I'm from India so obviously I'm having Indian debit card, is it compatible, secondly, I am gonna recieve payments in USD, so will it stay in USD or get directly converted into INR, if no, then can I keep the USD in my PayPal account, because I'm gonna use it to but some laptops overseas. Lastly, if it gets converted into INR, then can I buy things priced in USD with my INR. Thanks.
I think when you apply for paypal, when you get to choose your currency, if you chosen INR, the money will be converted into INR if you receive it via other currencies. But you can still buy stuff with USD but then paypal will convert it from INR to USD. The conversion rate is determined by paypal I think.
I'm in the UK and when I buy things from a US account, it always converts it. So I'm thinking it will be the same.
Your answer - 1 . INDIAN DEBIT CARD NOT WORKING IN PAYPAL. ONLY CREDIT CARD WORKS . 2. U CANT OPEN INR BALANCE IN PAYPAL . YOUR BALACE WILL CONVERTED IN TO INR WHEN YOU WITHDRAW YOUR FUNDS TO BANK ACCOUNT. 3. YOU CANT USE PAYPAL BALANCE ( TO SEND SOMEONE OR BUY ANYTHING ) YOU CAN ONLY WITHDRAW IT TO YOUR BANK ACCOUNT . I hope U get all your answer . thanks.
Hey, I think you didn't get what I was asking for, Here are my responses to your reply 1) PayPal accepts debit cards 2) I am gonna recieve payments in USD so will they automatically convert or stay in USD until withdrawn. 3) by PayPal balance, I meant to say those dollars above, that were not converted But I'm still confused
Here are my responses to your reply 1) PayPal accepts debit cards:- debit cards do work, but most have reported that debit cards only from ICICI bank seem to be working. Read this forum thread - https://forums.digitalpoint.com/threads/what-indian-debit-cards-are-getting-accepted-by-paypal.2668572/ 2) I am gonna recieve payments in USD so will they automatically convert or stay in USD until withdrawn.:- they will be automatically converted to INR. PayPal will also charge a currency conversion fee. They claim it to be 2.5%, but I have often noticed it to be around 3.25% 3) by PayPal balance, I meant to say those dollars above, that were not converted:- paypal balance will be in USD. it will be the transient daily balance that will be auto-withdrawn every night. You can't make payments using that balance, it is only meant to be withdrawn. If you wish to buy stuff and make payments via PayPal, then you would need to use your credit or debit card.
Hey I have a question, say if I add a debit card in PayPal account, will someone else be able to take out money from it without my permission and like if link bucks sends me some dollars and I want to recoieve in USD, then what should I do???
-) USD will be converted into INR at the time of receiving. -) It may be possible to take out your money without your permission.This is your responsibility to protect your paypal account.
There is no paypal account number. Accounts are tied to email addresses and yes, you would need to give them to the person who wants to transfer the money over to you.
I think in india there are some restrictions with paypal. A lot of my internet marketing friends are having problems with paypal. So i don't know if in india can be an alternative to paypal, you can try skrill or paxum, i think will work better.