Payment processors that supports withdrawal to Indian Banks

Discussion in 'Payment Processing' started by MaX., Nov 12, 2009.

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  1. #1
    am currently using paypal. is there any other alternative payment processor which supports withdrawal to Indian banks?
     
    MaX., Nov 12, 2009 IP
  2. slash84

    slash84 Active Member

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    #2
    The only other payment processor that i have personally used other than paypal is Moneybookers, and it supports withdrawal to your credit card and Indian bank account.
     
    slash84, Nov 13, 2009 IP
  3. Gasen

    Gasen Member

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    #3
    Hi Max

    AlertPay does. This is the fees on PersonalPro and Business accounts

    WITHDRAW MONEY
    Credit Card $5.00 USD
    Bank Wire $15.00 USD
    Check $4.00 USD

    Hope this helps
     
    Gasen, Nov 13, 2009 IP
  4. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #4
    Paypal and Moneybookers both are good payment processors and they both supports withdrawal to indian bank accounts as well.

    DON.
     
    deluxdon, Nov 13, 2009 IP
  5. MaX.

    MaX. Active Member

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    #5
    can i withdraw to my bank from moneybookers just like paypal?
     
    MaX., Nov 13, 2009 IP
  6. Digital_shubhi

    Digital_shubhi Illustrious Member

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    #6
    Ya, you can withdraw it.
    There won't be any problem. :)

    - Digital -
     
    Digital_shubhi, Nov 13, 2009 IP
  7. chandan123

    chandan123 Prominent Member

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    #7
    actually the op wants to withdraw money to his indian bank alertpay still not supports that feature for indian bank ( direct withdraw )
     
    chandan123, Nov 13, 2009 IP
  8. jackisback

    jackisback Peon

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    #8
    according to me pay pal and money Booker are best for indian banks this are support Indian banks
     
    jackisback, Nov 13, 2009 IP
  9. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #9
    Yes you can. But for that you need to know about SWIFT Code of your bank just like IFSC Code in paypal to withdraw from MB to Indian Bank Account.

    DON.
     
    deluxdon, Nov 13, 2009 IP
  10. Nikola_6

    Nikola_6 Peon

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    #10
    Moneybookers is your cheapest alternative ;)
     
    Nikola_6, Nov 13, 2009 IP
  11. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #11
    In terms of withdrawal paypal is cheaper because its free of charge for more then 7k INR withdrawal.

    DON.
     
    deluxdon, Nov 13, 2009 IP
  12. Bohra

    Bohra Prominent Member

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    #12
    Even alertpay allows i think and maybe even webmoney never tried webmoney though
     
    Bohra, Nov 13, 2009 IP
  13. gsv13

    gsv13 Well-Known Member

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    #13
    Moneybookers charge 10-15% of amt because they don't support Transfer to Indian Bank directly. Use third party transfer instead.
     
    gsv13, Nov 14, 2009 IP
  14. warrior034

    warrior034 Active Member

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    #14
    moneybookers is cheapest and you can withdraw it to bank account or credit card. fees are much smaller than paypal fees. and alterpay i still didnt used
     
    warrior034, Nov 14, 2009 IP
  15. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #15
    Are you talking about transaction fees or withdrawal fee ?? As above 7k INR withdrawal there is no fee in paypal and below that you need to pay 50 Rs. INR fee.

    DON.
     
    deluxdon, Nov 14, 2009 IP
  16. Moses8595

    Moses8595 Peon

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    #16
    I think he meant "withdraw fee"...But as far as i know, paypal is cheaper than MB :)
     
    Moses8595, Nov 14, 2009 IP
  17. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #17
    Obviously paypal is better for withdrawal in terms of fee as MB has a flat fee for each withdrawal.

    DON.
     
    deluxdon, Nov 14, 2009 IP
  18. Padalda

    Padalda Banned

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    #18
    I don't use that much of a/cs for withdrawal , I only use Paypal , safe & secure.
     
    Padalda, Nov 15, 2009 IP
  19. ravee1981

    ravee1981 Active Member

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    #19
    Almost all payment processors wire the money to you if the volumes are good. You just need to mail them as they do not advertise this as a part of their product, but would do this as a special service for you
     
    ravee1981, Nov 16, 2009 IP
  20. Digital-Indian

    Digital-Indian Member

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    #20
    I Completely agree with deluxdon

    Paypal is the cheapest and the best.. I personally use Paypal since a long time for withdrawing money to my indian bank account (SBI) and I am very happy with it. :)
     
    Digital-Indian, Nov 16, 2009 IP