🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

Hawk

 • 

Medial • 11m

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 receive payments. Wise.com previously known as Transferwise. I stumbled upon it when one of my clients was recommending me to accept Western Union as a payment method, the issue with Western union was for me to actually visit an outlet to get the money, while Wise was a instant deposit to my bank account. A rough estimate of the fee structure: If the sender sends you $100 there will be a charge of 7.64 USD which will be debited from the original $100 so you will receive $92.36 which will be converted to INR and be deposited to your bank. I had an ICICI Bank account and the money used to be deposited to my account within 48 hours.

7 replies9 likes
1
Replies (7)

More like this

Recommendations from Medial

Image Description
Image Description

Hawk

 • 

Devza • 11m

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 e

See More
4 replies10 likes
1

Sarun George Sunny

The Way I See It • 7m

TransferWise: Revolutionizing Global Money Transfers In 2011, Estonian friends Taavet Hinrikus and Kristo Käärmann faced a common frustration: high fees and poor exchange rates every time they transferred money internationally. Taavet, earning in eu

See More
0 replies6 likes
Image Description

DEVARAJ YADAV

Curious mind, relent... • 8m

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

RAKESH GAJULA

A Coding and Tech st... • 1m

Need Suggestion! Which is the best startup friendly bank to open an account.

0 replies1 like
Image Description
Image Description

Havish Gupta

Inactive for a week ... • 6m

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

BHAAVYA BAFNA

Student • 9m

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
Image Description

Aadesh Panwar

Vote 👨‍🎓Admeasy‼️ ... • 1m

Which is the Best option(Bank) to Open Current Account for Startups? Could you share your experience with the Banks if you have Current Account

1 replies4 likes
Image Description
Image Description

Akshay Chandromittal

🚀Building Wheeloy |... • 3m

Guys need help, which bank provides the best current account for startups?

3 replies14 likes

ujarla vinay

Thinker • 2m

if anyone has corporate bank account of closed startup or failed pls contact me

0 replies3 likes
Image Description
Image Description

mayur savaliya

Founder and Entrepre... • 4m

hello, can anyone suggest the best bank for a startup in initial phase we want to open a bank account, also it would be great if you give suggestions like what to do and what to not would love to hear from you guys.

4 replies2 likes

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