sandeep2120 wrote: There are many Indian users who wants to make to make purchases through paypal and can incur the cost of upgrading but are unable to do it, because of the limitations being put on the indians by paypal. So here are a few solutions to it.

1.Entropay
I think everyone is aware of Entropay being so popular in recent days.

2. Indian banks VCC
Virtual Credit Cards which are also known as VCC can be used for PayPal verification ,Online shopping,paying for hosting fees,advertisements etc..with out disclosing our credit card or debit card details.Below is the list of banks which provide Virtual Credit Cards in India.
HDFC BANK :HDFC Bank Virtual Credit Cards are well known in India,just you have to open a saving account with HDFC Bank and you can enjoy their VCC facility.HDFC Bank VCC which is also known as Netsafe cards can be used for PayPal verification,online shopping, paying hosting fees etc..You can create up to limited VCC per day if you have debit card and if you are a credit card holder then there is not limit.
ICICI BANK :ICICI Bank too provide virtual credit cards but it is not that famous as HDFC bank vcc’s because of some limitation.ICICI Bank virtual credit card (VCC) is an add-on Visa credit card issued on your primary credit card.Customers of ICICI bank can now create virtual credit cards by logging into theironline Net banking account.
Kotak Mahindra Bank : Kotak Mahindra Bank Provides a virtual credit card facility called netc@rd.I think after HDFC Bank both Kotak Mahindra Bank Netc@rd and Axis Bank Eshop cards are best.
Axis BANK : Axis Bank too provides virtual credit card which is also known as Eshop Cards.You can use this card on any site that accepts VISA cards.

But there are some limitations being put on these cards like VCC’s should be used with in given time it may be 24 to 48 hours depending upon your bank.So create vcc only when you need.

3.Credit Card
Indians can also get a credit card if you have an FD above 10000INR and above.You can simply apply for it contacting your branch. No more qualification required. 90% of the FD value can be used for making purchases.Annual fee of this credit card is just 299INR. Stae Bank of India & Axis Bank are offering credit cards for FD of 10000INR and above. When it comes to ICICI bank, this value is 20000INR

I hope this post can help the Indians get rid of this major problem.

This post helps to solve the major problems but leaves behind the risk of going bankrupt by giving full access to Indian bank accounts for making overseas purchases. Plus, it is more feasible and less costly to own a credit card than having a VCC account because to open a VCC account you have to open a bank account paying INR 10,000/- to a Private bank, but if you own a credit card, price of possessing one such is around INR 1000/- only, it leaves behind less risks. Customers can always go for a dispute if they are not satisfied with the money they pay for making a foreign purchase. They can stop overseas payment as the purchase is made first followed by the money paid later. In VCC category the money is paid instantly, so that it leaves behind no scope to go for a dispute if the Indian customer is unsatisfied. We know about such facilities, but many Indians are not aware of the risk they might face from using VCC facility. I have placed it here for further consideration.

Quote:David0089:
This post helps to solve the major problems but
leaves behind the risk of going bankrupt by giving
full access to Indian bank accounts for making
overseas purchases. Plus, it is more feasible and
less costly to own a credit card than having a VCC
account because to open a VCC account you have to open a bank account paying INR 10,000/- to a
Private bank, but if you own a credit card, price of
possessing one such is around INR 1000/- only, it
leaves behind less risks. Customers can always go
for a dispute if they are not satisfied with the
money they pay for making a foreign purchase. They can stop overseas payment as the purchase is
made first followed by the money paid later. In VCC
category the money is paid instantly, so that it
leaves behind no scope to go for a dispute if the
Indian customer is unsatisfied. We know about
such facilities, but many Indians are not aware of the risk they might face from using VCC facility. I
have placed it here for further consideration.

Hey David, actually you are right about the considerations of vcc. But let me know you first that this post is almost 2 years old & it was never ever too easy to get a credit card in India for an unsalaried or ordinary folks at that time, which in turn leaves them no other option to invest through vcc. What i thought at time was to mention all the available options so that if one doesn't work, the other can.

hai sandeep


i won some points how credit my money my account please tell me

hai
sandeep Thanks information

sandeep2120 wrote:

Quote:David0089:
This post helps to solve the major problems but
leaves behind the risk of going bankrupt by giving
full access to Indian bank accounts for making
overseas purchases. Plus, it is more feasible and
less costly to own a credit card than having a VCC
account because to open a VCC account you have to open a bank account paying INR 10,000/- to a
Private bank, but if you own a credit card, price of
possessing one such is around INR 1000/- only, it
leaves behind less risks. Customers can always go
for a dispute if they are not satisfied with the
money they pay for making a foreign purchase. They can stop overseas payment as the purchase is
made first followed by the money paid later. In VCC
category the money is paid instantly, so that it
leaves behind no scope to go for a dispute if the
Indian customer is unsatisfied. We know about
such facilities, but many Indians are not aware of the risk they might face from using VCC facility. I
have placed it here for further consideration.

Hey David, actually you are right about the considerations of vcc. But let me know you first that this post is almost 2 years old & it was never ever too easy to get a credit card in India for an unsalaried or ordinary folks at that time, which in turn leaves them no other option to invest through vcc. What i thought at time was to mention all the available options so that if one doesn't work, the other can.

I never heard that it was difficult to own a credit card 2 years back. I was using a credit card that belonged to my father, who was a retired person then. Even i could have possessed the same and transferred it in my name as I was unemployed without a permanent job. If one has money in the banks and/or capable of making payments, owning a credit card was never a problem. The issue of debit card could have been a problem because necessary bank balance should be checked before a payment is processed. I never heard any issue with credit cards. Also, its better to avoid private banks, such as Axis bank, HDFC, ICICI etc. The second post shows that opening an account requires one to have an investment of 25,000 INR, which is baseless and not acceptable to many customers from India. The non-private banks allow possessing credit cards at a much lower rate. Please check with non-private banks. At least what ever is private means stealing money takes place some what privately or secretly.

thanks for clear my dubuts...

I have debit card not credit card.how can I earn and withdraw money online.give me an idea about that please. thanx..

almost the same ..
whether to use Payza or liberty reserve???

Thanks for your information....

HI
Sandeep,

I think pay pal has only 500$ limit . for Indian

Pramod

pramodkumar7385 wrote: HI
Sandeep,

I think pay pal has only 500$ limit . for Indian

Pramod

No, its $3000.
PayPal India


And for export related payments, it has recently been raised to $10,000.

PayPal now allows Indian merchants to receive up to $10,000 in one transaction | NDTV Gadgets

Very useful information....thank you.....

Entropay doesn't works with Paypal. I have tried it and lost $6.30 or Rs400 and now they dont even let me witdraw my funds back to my bank a/c. Dont go with entropay at all..

: February 23, 2014

Thanks to JustClick from the EMS forum for the following information.
An SMS sent by ICICI confirming that ICICI Bank Debit Card can be used on PayPal for making purchases

hi ..usefull msg

Thank U sandeepji, I will follow your advice!
The info has lifted my spirits!
------------> jyosinst

Good piece of information.

Payoneer is much easier to verify your Paypal account

Hi sandeep2120,
Welcome to ClixSense Forum.
Thank you helping your mates

Paypal is good sofar. I dont think any Indians would have problems with paypal account. It is a easy to use system and is sharp in their transactions too as far as my experience is concerned.
thanks,
Anilkumar
India