Developers in India have been selling products and services online since
long and it's a pity that they can not use the popular payment method PayPal.
Though, PayPal allows Indian PayPal account holders to accept payments,
it does not allow them to withdraw money to their bank accounts.
I have been researching a lot of online money transfer services but all of them
either accepted credit card or wire transfers. Anyway, the good news is, that
there are now two services which will allow you to send money to India using
your PayPal account.
They accept PayPal payments and can send money to India as
Cash, Direct deposit in a PNB account or for residents of Delhi, Chennai
and Bangalore they have a Cash Pick up service where a bank account is not
necessary. Also, you get a free phone card for 5 minutes with every transfer.
Benefit: Their fee structure is pretty good and is
currently better than any other company that I know.
Drawback: It usually takes 3-4 days before your get
the draft and few more days for money to actually hit your account.
They accept PayPal payments and can send money to India as Cash using
Instant Cash, a global remittance company held by the US$ 2+ billion Patel
Group, has over 250 retail outlets in India. The money can be delivered
to your home or picked up at any location of Instant Cash.
Benefit: The money is available for pick-up in couple
of hours.
Drawback: Their fees is higher than the other service.
Paypal now send cheque to india posted by: jitesh ghushe on:May 4, 05 2:29 am
if u are in india and have paypal account and accepts money,then u can now withdraw money from paypal. PAYPAL will send you a cheque from citi bank in Rupees in india.But problem is that u will need minimum 150 $ in your account so that they send us cheque
Paypal 2 India (long awaited solution)! posted by: Mandip Singh on:Mar 14, 06 7:59 am
Getting your funds from Paypal/your online resources into your hands has never been an easy journey for you or your funds.
Practically speaking.. It is one of the biggest issues indian freelancers are concerned of.
without choice, either you have to ask paypal to send you a cheque/Draft, which you must tell well in advance, b`coz it takes arround 20-30 days to reach you and another 2-4 days to get your funds cleared your way.[in case, any uncle aunt of any politician had died the same day or so, to cause more delays for so called holidays in India.]
or to go for the third party transfer.(which is one and only One company existing : Xoom/Cash2India).
On practical grounds,
ACTUALLY YOU HAVE JUST ONE WAY TO CHOOSE FROM... PAYPAL CHEQUE.
Because, Cash2India/Xoom is a service FOR NRIs/AMERICANS to send money to India/ian.
So, You must be a lucky baby to have your uncle/aunt/releative or someone to be there, apply at Xoom, PROOVE and ACT as SENDER and make you RECIPIENT and then process the funds on your way giving away a nice amount of transection Fee.
In case of authentication failure.. you are where you started from.. Transection denied.
So, TRUTH is .. there is NO PROVISION, for you to get your funds in India.. in your hands from YOUR paypal account... in a short time like a day or two.. and sometimes you just need them overnight.
So, What is the solution?
there has been no solution till time for the same.
as the understanding of laws9for both countries) and all terms involved lead to a "Not a huge Profit business", which no one would like to do. specially when there is no compitition or pressure.
But a pioneer Organization Sohnio Internet and Webdevelopment Solutions has come up with the SOLUTION TO THE ABOVE.
Paypal 2 India (exclusively for INDIANS).
the solution will be on Air by the end of this month and will be up and running by first date of next month.
Although, All the details will be provided in Full documented and Easy interactive guides/FAQ along with 24 hours Support via Livechat & helpdesk, email, Phone/Fax by company.
Guidelines purposed by Sohnio IT solutions & Networks is quite simple, interesting and sensefull.
Here are the rough outlines of the solution as far as i know..
1. Company will be exclusive for INDIAN residents and Nationals only.
2. For International Transections via Paypal Only.
3. Users will need to get registered at company website.
4. Nobody in US or anywhere else is required to sponsor or represent with you.. All needed is you. So, company will simply need to get you Verified once for smooth processing.
5. User will need to request the transection using order form at company website and follow the unique link provided by company authority to you by email in reply.
6. All transection are in compliance with the followings:
*Fully Taxpaid and all Duty free as per Laws in India.
*Secure, enc rypted, confidential and cancelable till completed.
*Legal, Authorised and Approved by the Laws, including cyber laws of Both the countries involved.
* Friendly and helpful Staff in India Branch Offices at New Delhi, Gurgaon, Punjab, Mumbai, Pune and Chandigarh, to help you anytime regarding any issue.
* Reasonable low fees structure and NO HIDDEN CHARGES atall.
*All processed Billed and Invoiced and each bill made available to you along with confirmation from you on each step/change.
* Customer satisfaction guranteed.
and few more points covering all doubts..
more details will be posted here as released by Company.. along with links to pages/website of the company itself.
if you have any suggestions, comments or doubts regarding it.
you may contact the company at :
info@sohnio.com
or simply ask me using this forum or via a PM.
looking forward to hear your feedbacks.
Hureey... I am going to be their user for sure.. coz the secret is.. Fisrt few users are going to get something special..
alright friends, I am sure it is a great news for all my indian mates.
Good days are coming friends!
P.S. : Sohnio Incorp. is coming up in alliance with three more reputed companies including Websule Inc. for the whole setup, enpowered solution and it`s implication.
