Paypal FAQs Answered For Users In India

This Post Is solution for Common Queries Regarding Paypal For Users From India. Also I request Experienced Paypal Users From Indiaa to Drop Down Their Experience and Suggestions Here.

1. For First Time Users:
You Can Register For Paypal Ofr Free Using Email Address.
You can Use Paypal without verifying your account with following restrictions:
1. Minimum Amount you can withdraw: $150
2. Maximum Amount You Can withdraw per month: $500 ($5 Will be deducted for cheque fees)
3. Total Amount You Can Withdraw: $3000
4. If You Need to send Any Amount To someone using Paypal, Total amount You can send $100.
5. If You are beginner use Primary Account However you can not get credit card or debit card payment s using this Account
6. If You are recieving Payments through cC or Debit Cards Upgrade to Premier account or Business account.
7. Convert To Business account only If you have a Business account with your bank...
For verification:
1. International Debit card Is not Usefull
2. You Need to have International Credit Card For Verification.
Add on Card On You Name will Be Ok
3. After Providing You credit card details $1.95 will be debited from your credit card.Which Will be credited in your paypal account on next withdrawal.
4. On Your Next Billing cycle of your creditcard you have to check the 4 digit number in your transaction details and provide the same to paypal only then yur account will be Verified.
Warning: If You Think Your Account will be verified instantly Please note:
It Requires a billing cycle of your credit card to get your 4 digit verification no . I had spent 20 restless days before getting my account verified.
Benefits of verification:
1. Monthly withdrawal limit increased too $2500
2. Sending limit removed.

Also Note that it takes 5-6 days for issuing cheque from Paypal
After the cheque is issued from paypal it takes atleast 7 days more to Your place.
The Cheque is Sent through indian post so you can expect a delay of more than 20 days to your place.
I had applied for cheque on 7th Spet and waiting for the cheque to reach me here in mumbai. Hope to recieve it soon.
Experienced Users Do Post Your Suggestions and Optinions For The Same

 

Well.. nice suggestions! As you have wanted to know experienced users' opinions, one can get a gCard in 2-3 days for less than $100. gCard makes it pretty easier to receive your funds from your PayPal account.

Hope this helps..

 

WHMTalK, can gcard be used for verification of paypal account?

 

I will keep sayting this wherever i see the word paypal.. www.paypalSUCKS.com

 

gCard is not available in India & Pakistan.
I wish things would have been differnt but they are not.

 

Who told you that gCard isn't available in India and Pakistan? I don't know about Pakistan but me and my friends have been using gCard for months in India and it's working fine.

 

No.. gCard can't be used to verify your PayPal account because it's a no name card. You can use your gCard Checking Account as an USA bank account to withdraw funds. Since PayPal to USA bank transfer is free, you can save too much money.

Once again, gCard can't be used to verify your PayPal account. What is your monthly online transaction? More than $500/Mo?? If yes, then you gotta verify your PayPal. Otherwise, you can withdraw upto $500/Mo using an unverified PayPal account.

 

Useful post, but in regards to this, it is alot easier if you have online banking setup and you wont need to wait for this?

 

Nice thread aakashshah123, allthough you can get it verified immediately by calling your credit card company & asking them for the 4 digit expanded use number.

 

Ahhh
India & Pakistan are in Warning zone but not is Blacklist. Sorry I over looked the file I downloaded.

BTW, If gCard can not be used to verify PayPal account then what is the main use you are doing?? I mean, from where you are transferring to gCard?

According to the main page of gCard.Com, it can be used as "PayPal payout Card" what does that mean??

 

Very nice guide aakash, thank u very much. Where to buy qcard and it costs 100$ ? is there any fee thereafter for qcard? Hope paypal starts online transfer soon ..

 

In simple words, gCard is an International ATM Card that can be used at any ATM around the world where Mastercard is accepted.

As far as the term "PayPal Payout Card" is concerned, you can transfer your PayPal fund to your gCard account and use your gCard on any ATM (where Mastercard is accepted) to withdraw your funds.

This way, you don't have to keep waiting for months to receive your PayPal check (that sometimes never reaches your door).

The graph is pretty simple: PayPal >> gCard >> ATM >> Cash in your hand

 

That means, Paypal supports to transfer fund to gCard directly??
Is that what are you saying??
Or the money needs to go to your bank first, then gCard & then where u are right now???

 

No, gCard will provide you with a US checking bank account number. You will add this checking bank account number to your paypal account as a US bank account & the funds you withdraw to it will be available on your gCard.

 

Man! How many instructions do you need in order to understand a simple stuff?

PayPal >> gCard >> ATM >> Cash <---

I don't think that it should be hard to understand now.

When you complete all the gCard verification process, they'll provide you a chequing account in USA. You'll have to add this account into your PayPal account as an USA bank account.

Once PayPal verifies that the chequing account is related to you, it'll allow you to transfer your PayPal funds to your gCard (your USA chequing account).

As soon as your PayPal fund reaches your gCard account, you can use your gCard at any ATM (that supports Mastercard) to withdraw all the funds.

Is there anything else left that you can't understand?

 

Checking account + US address + phone number + EIN = US Merchant account!!!

**smiles in evil glee**

gCard is amazing, you can do so much more with it than just withdraw paypal funds. It can be used with adsense as well!

 

Good post. It will help a lot of noobs.

Has any Indian DP member used gCard yet?

 

I'm using it.

 

I'm an Indian, if you are curious. Feel free to ask anything that is related to PayPal and gCard.

Or if you are in India, UTI bank has launched a merchant service. You can contact them. That'll make all the process pretty simple for Indians.

 

How do I setup a gCard? Fees etc? How good is it?