In case of Western Union Money Transfer, there are many agents situated all over India..Money can be received through these agent locations, In India, Western Union has liaison office situated in New Delhi but do not have a permanent office. The main objective of the liaison office is to give out the Western Union software to its agents in India through which they will be able to collect the money sent from other countries. In India, Western Union can only receive funds but cannot send money elsewhere.
MoneyGram also works on the same principle. You can send or receive money thorough agent locations. They have been around for some time.
I tried doing it with my new "ICICI Instant card", but it didn't work. . It used to work when I had an "Easy Deposit Card".
To all those who thinks RBI is the culprit pls go through this http://techie-buzz.com/tech-news/paypal-rbi-guidelines-flouting.html
RBI's move has been slapped over Indian buyers as they can't buy anything from PayPal balance. If some has to pay for service or goods then he has to pay using CC. This is just favoring the banks to levy exchange rates and service charges for foreign goods.
In the given list Propay is very new, Google Checkout is only for US based users and still not applicable for Indian users ( this data is as per my experience and knowledge and its true till today, if its not let me know ), ccnow also stopped indian processing. Ikobo, Ejunkie, Xoom are money transfer companies which requires lot of procedures, paypay says no such site exists. Propay operated by kids and newbie in my experience. Direcpay is too costly and they supported limited type of companies. Fastspring is excellent, their support is good and also they process nicely, no headache company, other than this Indian processors are far better like ebs.in and ccavenue. This all companies we tried in our work and this is what we know, please correct us if we are wrong in our view expressed.
Its not RBI issue... All countries even usa has a security check and identity tied to paypal. In india paypal didnot had identity tied and people were running away from taxes.... Thats the real reason for all this paypal issue, As time goes..people will get used to the new rules and things will be smooth.... With every change, in short time things around it gets used to it...
But yeah coming back to the main topic of this thread... what are other easy alternates to paypal... any suggestions... Money brookers? ( need something which can be plugged in website to take credit card payments, )
Thanks for the information,but in Google Checkout - Terms of Service, they provide services for India too. Also I don't think Ikobo is available for Indian users.
Hi...one doubt..Does this RBI regulation affect/applicable only for Paypal or other Payment Gateways as well? I heard its applicable to all.
As of now Paypal and Plimus, Digital river products got affected due to the regulations of this, others are working fine.