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Thread: Operating PayPal A/C from India
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04-02-2004, 12:11 AM #1Junior Guru Wannabe
- Join Date
- Feb 2004
- Location
- India
- Posts
- 39
Operating PayPal A/C from India
Hi everybody,
I have created a Paypal business A/C on my compnay name for taking payment through website (selling membership services). I do not have any US bank a/c but have Visa Credit card.
Will it be possible run paypal in my website and get the payment (from Paypal) either via wire transfer to my bank-at-india or by USD-Check delivered to my office-at-india ?
Anything else I need ?
I was thinking to go for icobo, but paypal is my first choice as it is more reliable.
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04-02-2004, 05:13 AM #2WHT Addict
- Join Date
- Sep 2002
- Posts
- 134
In India you can use paypal to send money to any paypal user, but cannot transfer/receive money to an Indian bank account, Ikobo and moneybookers offer a similar type of service to paypal but iam not sure how reliable they are; In india basically to my knowledge there are three big providers, i had experiences in integrating them to my clients websites
Ccavenue.com -
Pro - Accepts processing of Credit Cards and net banking account for Indian merchants
Cons - Huge setup fees, (INR 7500 OR USD 167). Cant integrate with 3rd party shopping carts and affliate programs effectively since no postback option provided, no customization of payment pages
Transecute.com -
Pro - Customizable payment pages.
Cons - huge setup fees ( 30,000 or USD 670), Advanced integration only available, no shopping cart provided, accepts only VISA/MC.
TransactIndia.com -
Pro - Low setup fees (2500 or USD 50), Customizable shopping cart and various other scripts provided. Postback and other features supported.
Cons - Accepts only VISA/MC
When signing up with a payment processor look for these things
1. Where they are located
2. how much of % they charge on each transaction
3. is there any % of amount taken in to reserve
4. how much they charge for wire; is there is a minimum release limit.
5. what about their chargeback and refund policy, do they have chargeback fees.
Also read their TOS/Agreement before you signup
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04-02-2004, 05:32 AM #3WHT Addict
- Join Date
- Sep 2002
- Posts
- 134
In India you can use paypal to send money to any paypal user, but cannot transfer/receive money to an Indian bank account, Ikobo and moneybookers offer a similar type of service to paypal but iam not sure how reliable they are; In india basically to my knowledge there are three big providers, i had experiences in integrating them to my clients websites
Ccavenue.com -
Pro - Accepts processing of Credit Cards and net banking account for Indian merchants
Cons - Huge setup fees, (INR 7500 OR USD 167). Cant integrate with 3rd party shopping carts and affliate programs effectively since no postback option provided, no customization of payment pages
Transecute.com -
Pro - Customizable payment pages.
Cons - huge setup fees ( 30,000 or USD 670), Advanced integration only available, no shopping cart provided, accepts only VISA/MC.
TransactIndia.com -
Pro - Low setup fees (2500 or USD 50), Customizable shopping cart and various other scripts provided. Postback and other features supported.
Cons - Accepts only VISA/MC
When signing up with a payment processor look for these things
1. Where they are located
2. how much of % they charge on each transaction
3. is there any % of amount taken in to reserve
4. how much they charge for wire; is there is a minimum release limit.
5. what about their chargeback and refund policy, do they have chargeback fees.
Also read their TOS/Agreement before you signup
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05-26-2006, 05:00 PM #4Web Hosting Guru
- Join Date
- Apr 2006
- Posts
- 296
Originally Posted by dsoft@cal2
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05-27-2006, 04:31 PM #5Aspiring Evangelist
- Join Date
- Aug 2002
- Location
- US
- Posts
- 416
you can also put money to us bank account or debit card with us bank account attached