How do we Create and Verify Paypal Account in India :- When you start working online, you need a mode to send and receive payment. Usually you can use your credit card or debit card to make payment online but to receive Payment, you need to take help of services like PayPal, Google Wallet.
PayPal has been one of the oldest and trusted service to send and receive Payment. Especially if you are from India or United States you will find PayPal service to be the best when it comes to receiving Payment from overseas.
If you have a PayPal account, open in India, you immediately (after connecting with your credit card) payment can start sending, but the payment to your bank account to link your PayPal account required is,. If you withdraw money from the bank account to PayPal will remove the limit, and you can withdraw money from your bank account to your PayPal account will be able to.
Indian user of PayPal Here are some important things about being who you should know:
. Buying goods online and send payment in advance for using money from the PayPal account, PayPal and there was no such limitations on Indian PayPal users but in 2010, the Reserve Bank has imposed a new set of rules on PayPal, and now the bank you can withdraw money from your PayPal account to the account. (Online purchase or payment to you directly can not use the money to PayPal). At this time there is no solution to it. You have no relatives outside India, for which you have a PayPal account, PayPal Account is to help you without any limitation or restriction can use.
. An Indian PayPal user can’t send or receive money from other Indian PayPal user.
Advantages of using PayPal account:
. You will be able to make online payment without exposing your credit card details.
. You can use Debit card to make payment. This helps many who don’t have a credit card.
. You can receive Payment from overseas account. (Such as client, advertising payment).
. Many online services charge recurring payment. When you pay with Paypal, you can anytime cancel the recurring payment. Here is a tutorial for the same.
. You can send mass payment using Paypal.
. You can create and send invoice directly to your client.
Steps To Create your PayPal account:
First of all head over to PayPal.com and click on to get started to create your PayPal account. On the next page you have an option to select between “Personal and business account“. For bloggers, I would recommend you to start with personal account and if you ever need a business account, you can instantly upgrade it from PayPal dashboard.
Filling out a form on the next page, you enter your credit / debit card details can sbmit can leave it for later or send payment. If you have a PayPal account in India to open a PayPal account is limited. You can use your credit or debit card can use it to send payment to anyone, but to receive payment, you need to complete these 4 functions:
. Add your PAN Card.
. Confirm your email (if you sign up, you have to confirm your account will receive an email from PayPal)
. Add a bank account
. Purpose code (long list, you will receive payment on your PayPal account are, select the Purpose)
Your Pan Card name should be same as your PayPal account name. If you are a minor without a Pan card, you should open a PayPal account in the name of your parents.
Bank account to link to your Paypal Account:
This process may take about 2-3 days if you begin now, I would like to suggest you start advertising company in the future so you can make money online or from your client. Front to click in the Add bank account so you will be able to next page where you need to fill in the following information to your bank account.
. Your name
. Your bank account number
. Your bank IFSC code. (If you do not know your IFSC CODE you can search by visiting the website of your bank account . Or Google also can search by typing the name of your Bank and branch)
Once the bank account after add PayPal to your bank account is in the Payment after approaching 2 small deposits send you paypal account is logged on, click on the link and verify that the above would have to enter to complete and amount for verification.
Add PayPal purpose code:
The next step after the transactions in the account of the purpose code add your affiliate commission or you will have to do is receive payment from advertising “Advertising and market research” or whatever you choose to do that, be sure to select it If you default purpose code.
Note: Indian Paypal account your money is automatically withdrawn every day, and you can also manually withdraw, Paypal takes 5-7 days till the money is in your account.
Linking Credit Card/Debit card with Indian PayPal account:
When you are linking a credit card to your PayPal account you will face no issue. You can always add a new one, edit old one or remove old one by going to Profile > Link/edit credit card. Debit card from selected bank works fine with PayPal and according to users comment, these are the Indian bank debit cards that I’m aware of which works fine with PayPal. (If you know of other bank Debit card, let us know via comment).
. Axis Bank
. ICICI Bank.
. HDFC Bank Platinum Chip Debit card
. CITI bank
While adding ICICI bank debit card if you see this error:
“The bank that issued your card didn’t approve this transaction. Please contact the card issuer’s customer service department if you have any questions. Or you can add a different card now to continue.”
You can call the bank customer care number to enable the international online transaction should talk about or can SMS in INTL to 5676766 from your registered mobile number.
For other bank debit cards, in most of the cases they will say it’s an international debit card, which works fine when doing a transaction at ATM, but you need to ask customer care if you can use the card for online transaction without 3D secure pin verification. If not, ask them to enable it. If they can’t, it’s time to change your bank.
Alternate methods of activating your PayPal account:
Many bank issues credit card in lieu of fixed deposit. For example you can open a fixed deposit of 40K and you will get able to get the credit card with limit of 32K. Especially if you are building a career online, you should have a credit card.
When you add a new bank account or a credit card, you also need to complete the verification by the method given below. It’s easy & increase your PayPal limit.
VCC (Virtual Credit Card) :
Few bank like HDFC issue VCC, Kotak issue Kotak Netc@rd, you can use that too for activation of your PayPal account. You need to ask your customer service or check in your bank official website to see if they offer VCC or not.
If you are aware of Entropay works for Paypal, let us know via comments.
Create your free PayPal account
I hope this guide helped you to know everything about creating and verifying your PayPal account. If you have any query or want to share more tricks related to PayPal, let us know via comment.