🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉
Login

Back to feeds

Hawk

 • 

Devza • 5m

Some Information about Paypal - India - You can’t use Paypal balance to pay anyone, the balance auto-withdraws to your stored bank account at the end of the day. - Pan card must be added to your Paypal account - Account purpose should be chosen to ensure that the Paypal payments are processed. This information is shared with the regulator (RBI). - Paypal only supports International payments for Indian users, means that you can only pay or receive funds from international users and can’t do domestic payments and you can only do Goods and Services payments. - Paypal charges 3% currency conversion fee above base exchange rate, certain currencies can incur a fee of 4%. There is no withdrawal fees to bank account - Receiving and sending funds involves a certain fee too. This information is subjective to my knowledge only, it can vary or be updated if any rules are updated. You can read more about the fees here:

4 replies10 likes
1
Replies (4)

More like this

Recommendations from Medial

Mahendra Lochhab

Stealth • 4m

Mukesh Ambani's JioFinance goes international; Indian travellers can now make digital payments in Paris

0 replies3 likes
Image Description
Image Description

Havish Gupta

Stealth • 15d

Wise, the Simplest Way to Make International Payments! Founded in London by Taavet, one of the first employees of Skype, and Kristo, a Deloitte consultant, Wise is the simplest and cheapest way to make international payments. Imagine you want to tr

See More
7 replies2 likes
Image Description
Image Description

Hawk

 • 

Medial • 5m

Paypal Alternative - Wise/Transferwise Hi there! Since many of you must have already read my Paypal post yesterday and have already learned most of the pros and cons of working with Paypal. I would like to introduce you to an alternative for you to

See More
7 replies9 likes
1

Avriti India

Stealth • 1m

Exciting Update! We are thrilled to announce that we have successfully developed a Service Payment Link feature on Avriti! Now, freelancers can accept both international and domestic payments in multiple currencies, including dollars, euros, and rup

See More
0 replies9 likes

Kaustubh Bhatter

Stealth • 3m

Hey everyone! Bootstrapping is FML difficult thing but surely rewarding if it helps society! All edtech platforms charge some fees to teach you in the name of course fees, registration fees, booking fees or even seriousness fee. Our platform, Sharpe

See More
0 replies2 likes
Image Description

Ayush K

Stealth • 7m

LeRemitt- Your trusted inward remittance platform. Are you an Exporter of Goods/Services? I understand that navigating international payments can be cumbersome, especially for small and medium-sized enterprises. Our LeRemitt platform is designed to

See More
1 replies3 likes
Image Description
Image Description

Vishnu

Stealth • 1m

How can I find information about new events, such as hackathons, meetups, and conferences conducted by various companies in Bangalore? What are the best platforms or resources to stay updated on such events?

7 replies
Image Description
Image Description

Jaswanth Jegan

Stealth • 5m

“How Zerodha disrupted stock broking industry ” Disruption Diaries #1 Zerodha was founded by two brothers Nithin and Nikhil Kamath in 2010.Nikhil began his career as a trader at a young age,he faced high brokerage fees,complex processes,outdated tr

See More
18 replies18 likes
Image Description

DEVARAJ YADAV

Stealth • 3m

TransferWise (now Wise) was founded in 2010 by Kristo Käärmann and Taavet Hinrikus as a solution to the high fees associated with international money transfers. The company's innovative peer-to-peer model quickly gained traction, leading to substanti

See More
1 replies4 likes
Image Description
Image Description

BHAAVYA BAFNA

Stealth • 3m

Need your suggestions So, I provided some services to a foreign client for which I charged them. But I don't know how can they send the payment from USA to me in India? PS: Tried using mine and friend's PayPal account. It's showing Requester accoun

See More
10 replies3 likes

Download the medial app to read full posts, comements and news.