Monday, 10 November 2014

PayPal - Tool to Receive and Send Payments by Email

Shopping with PayPal made easier and safe :

You can use Visa, MasterCard, Discover, and American Express with PayPal and when you pay with PayPal, you don't expose your credit card number to merchants.In India following services are offered by PayPal :

Send payments for cross-border purchases without sharing your financial information.
                                     VisaMastercardAmerican ExpressDiscover
 Receive export-related payments from buyers in 190 countries.
                                     VisaMastercardAmerican ExpressDiscover
Withdraw funds from your PayPal account to your bank account in India and via cheque.
                                     VisaMastercardAmerican ExpressDiscover
 Plus, you can send and receive payments 24 currencies.

Your export proceeds get credited with PayPal and you can withdraw it any time under the following options available :
Here's how you transfer money to your Indian bank account:
  1. Log in to your PayPal account and click My Account.
  2. Click Withdraw at the top of the page.
  3. Click Withdraw funds to your bank account .
  4. Enter your information and click Continue.
  5. Click Submit.
Pay Pal takes care of raising your INVOICES for goods and services and one can request payment from overseas via EMAIL .Your customers have just to click on the PayPal link sent to the customers while raising thr INVOICE and the PayPal takes care of the records of invoices, sales, salereturns and records of payment received.

To enable your PayPal account you have to Register your E Mail ID with PayPal. PayPal protects all your payments and ensures that you are not DEFRAUDED ONLINE by fictitious sellers of goods and services. When you register with PayPal your address ,PAN number and Bank Account Nos. are verified by PayPal online. For verifying the Bank Account Number PayPal uses a sophisticated method by sending remittances of say Rs.1.32 and Rs.1.28 (very small amounts) and to get verified you have to fill the amounts so received and submit the same to PayPal online. Once verification process is complete you can receive and send money via EMAIL without compromising the security of your Bank's Internet Banking account or Credit Card. 

While purchasing online through PayPal one is not only protected against fraudulent merchants but ATTRACTIVE Cash Discounts are also available for online shopping at .PayPal accounts can be closed and reopened at any time as proceedure below :

If you close your PayPal account, it can’t be reopened. Any scheduled or incomplete transactions are cancelled. You can’t close your account if there are limitations, unresolved issues or a balance.

To close your account: 

Log in to your PayPal account.  Click Profile at the top of the page. Click Close Account in the Account Information column and follow the steps listed.

For Complete Details visit official site of PayPal for India

While many services are free of cost but no doubt peace of mind comes at a nominal cost as PayPal charges Nominal Fees for certain transactions. 

Certain Global websites offering remuneration for online jobs also prefer to pay by EMAILID through PayPal as it is convenient to make payment to the same Email ID to whom online work is allotted.

This article is just summarised view of the official website of PayPal and in no way it replaces the official website of the PayPal. Any Questions ? Send Feedback through facebook or comments on Blog Page .

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