Saturday, 15 June 2013

All About Indian PayPal & Entropay Accounts...

Respected Indian PayPal Users,

If you didn't own a Credit Card, and if you want to make purchases with PayPal. Then you have 2 options:

1-> Open an account in ICICI Bank and use there VISA Debit Card. (Because its the only one Indian Debit Card which is accepted by PayPal currently.)

2-> Create a Virtual Credit Card (VCC).
Here is a list of VCC's that can be used in PayPal.

(i) Entropay.(https://www.entropay.com)
(ii) HDFC Bank's NetSafe Cards.
(iii)ICICI Bank's VCC.
- It can be only used if you own a valid ICICI Bank's Credit Card.
(iv) Kotak Mahindra Bank's NetCard.
(v) Axis Bank's Eshop Cards. (Stopped Supporting)
Currently Axis Bank stops supporting PayPal payments through there Eshop Cards.
Many thanks to ansh11may for reporting it.

Quote: ansh11may 
And i like to correct u, Axis bank e-Wallet Card dont work with paypal.



Please note that most of the VCC's (Except Entropay) are single time use cards which only has a maximum validity of 24-48 hrs. If you use that cards once before expiry time you cannot use the same for the second time.
Also please note that its not safe to use one time use cards in PayPal, because every time you want to transfer money through PayPal you have to generate new VCC & you have to add that card in PayPal for proceeding with transaction & PayPal will limit your account for adding more number of credit cards to it.


Quote: yaseen889
its not a good idea to use NET SAFE HDFC card. Paypal will limit our account for crossing the limit of cards to be used.


Many thanks for yaseen889 for letting us know about this issue.

Everyone please note that PayPal has a local Toll-Free customer care number for assistance.
https://www.paypal.com/in/cgi-bin/webscr?cmd=_contact-phone

1800-212-3852
(a local Indian Toll Free telephone number)

(9:00 AM IST to 9:00 PM IST, Monday to Sunday)


Here is a List Of Indian Debit Cards which works with PayPal:

1) ICICI Bank. (You can see the Proof Below)


Dear Friends,
So many people have doubt that the Axis Bank Debit Cards also works with PayPal.
Its a false information.
We can only use Axis bank Debit Cards for the verification of PayPal account.
That means Axis Banks Debit Card can be successfully added to PayPal and you can confirm it too. But when you try to pay someone or purchase something, your transactions will be declined....


Thanks to Yokeshselvan for sharing his experience with Axis Bank Debit Cards here..


Quote: Yokeshselvan Hai to all. i want to share my experience. i tried to use axis bank debit card, but it is used for only verification purpose.Axis bank is declining paypal, so dont use axis bank debit card.



Add:
Canara Bank debit card can be added to PayPal, but we cannot even confirm it.

Update 1:
Now South Indian Bank also stopped payments through PayPal.

Update 2:
Someone is saying that Central Banks Debit card is accepted by PayPal. (Not Verified)
Here is the topic: https://getsatisfaction.com/paypal/topics/indian_debit_cards_with_paypal2

Update 3:
albert1999 says that DENA Banks VISA Debit Card is also working fine with PayPal (Not Verified since i didn't get any proof from him). 


Quote: albert1999 I use my Dena Bank debit card in PayPal. It works with PayPal please update the list.


Anyway thanks to him for reporting this.


1-> Here are the steps to Link & Confirm ICICI VISA Debit Card In PayPal.

I'm creating this thread to announce that PayPal has started accepting some of the Indian Debit cards. (In My case its ICICI Bank Visa Debit Card)

To my Ultimate Surprise i was able to confirm this card too... !

Here is the Proof...

This image has been resized. Click this bar to view the image in full size.


You can see that here the PayPal has charged my Debit Card with 1.95$.

Now when i checked my Debit Card Statement online in ICICI banks website, i got the 4 Digit PayPal code there...

See the proof...

This image has been resized. Click this bar to view the image in full size.


I have entered the 4 Digit PayPal code in PayPal and successfully confirmed my Debit Card.

Now all i have to do is, Check whether this card works on processing payments to other PayPal accounts.
For that i just send 1$ to my friend's PayPal account in Australia.

To my Surprise it works very well... !!

Here is the Proof...

This image has been resized. Click this bar to view the image in full size.


See the Screen-Shot from PayPal...

This image has been resized. Click this bar to view the image in full size.


Another Purchase Proof....

I had done 3 hotel Bookings in Thailand through my ICICI VISA Debit Card linked with PayPal on 25th Jan 2013.
All 3 transactions goes very smoothly..

Screen Shot #1: (From PayPal)
This image has been resized. Click this bar to view the image in full size.


Screen Shot #2: (From My ICICI Bank Online Statement)

This image has been resized. Click this bar to view the image in full size.




So Finally I am confirming that ICICI Debit Cards completely works with PayPal.


Edit: Some Users ask me which Debit card of ICICI bank i used with PayPal.
So here is the picture of my Debit Card..






2-> Here are the steps to link & confirm the Entropay VCC to PayPal:

First of all go to https://www.entropay.com and click on 'Sign up now' link to create a new Entropay account.

After creation of your account login and there you can see your free VCC Card.
The VCC contains:
-16 digit Visa Card number.
-Valid From & Valid Through Date.
-Entropay User (You have to type in your Name-as written in your Entropay profile- instead of 'Entropay User' when entering the card details in PayPal or wherever you use this VISA Card).
-& finally CVV.

Your Entrpay VCC looks like this:


Then you should add a Payment method to Entropay account before adding this card to PayPal. For that click on Payment Methods > Add new payment method.
And add your VISA or Master Debit Card details.

Entropay will accept all VISA/Master Debit/Credit Cards.

Topup your Entropay card by clicking Manage Cards > Top-up.

Fund your Entropay card atleast with minimum amount (20$) to get it accepted in PayPal. If you try to link the Entropay card without funding it, PayPal will simply reject your card.

The entropay will charge a Fee of 4.95% extra.
That means if you are funding 20$ then then Entropay will charge you 20$ + 0.99$(Fees) = 20.99 $ from your Debit Card.

After successful funding of your Entropay card, link that card with PayPal and confirm it from PayPal.
For confirming the VCC the PayPal will charge 1.95$ from your Credit Card (Here Entropay VCC) and will send a 4 digit code which can obtained from the VCC statement in Entropay account.
It will take 3-4 days for getting the 4 digit code to appear in the entropay statement.
After successful confirmation you can use your PayPal to make purchases.

If you want to make more purchases through PayPal, then fund your Entropay card accordingly.

Alternately you can make use of your VCC directly in any VISA accepted website for making purchases.

Also you can create and destroy any number of VCC's in Entropay from a single account. 



-> Some Frequently Asked Questions about PayPal:
More Information can be found here...
http://www.paypal-apac.com/india/ (Dead Link)
The above link has become dead & they have redirected it to the homepage of PayPal.


Quote: tandong33Firstly you need an individual paypal account & you need to add a purpose code "Advertising & Market Research" in your paypal account.You also need to join your Local bank account number in india & PAN NUMBER in india to keep receiving the money from neobux to your bank account through paypal because you need to be verified before using your paypal account for online transactions, which is also a proof of legitimate income as per the laws of government of india.You can receive upto a limit of $3000 per transaction in your paypal account.The balance in paypal account gets auto withdrawn to your bank account every 24 hours regardless of its amount while you need atleast $10 in your paypal account to manually withdraw it to your bank account.

Keep in mind that it is fully secure to provide your above information of bank account & pan number to paypal as it is a very legitimate & old financial institution working for online transactions. Actually the money comes as NEFTfrom a local citibank account of paypal in India within 3 working days to our local bank account.


Thanks to tandong33 for letting us know about this...

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