Tips and Tutorials on Computers, Mobile Phones and Internet. Getting payment for your services from abroad used to a bit tricky affair about a decade ago. But PayPal has made our lives much easier. There are other similar services -but PayPal is, beyond doubt, the most popular among the pack. Internet provides a number of avenues through which you can make money online. Blogging and other internet related services are global in nature. All you need is a laptop and an internet connection; and you can work from anywhere.

In such a scenario, your clientele can very well be internationally located. My clients, for example, are located in USA, South Africa, Spain, India and other countries. PayPal is a service that allows national and international money transactions through internet. The whole system of PayPal is based on email ID.

So, technically, one email ID pays money to another email ID. It is as simple as that. Here I am going to describe functioning of PayPal in a concise way to give you an overall idea of this excellent service.

You would register with PayPal using your email address as your user ID. You can find IFSC codes and other branch related information here. To verify that you have entered the correct bank account details, PayPal will transfer one or two very small amounts of money into your account. When you need to receive payment from someone -just tell that person your email ID which is registered with PayPal.

It does not matter where the payer is located. All you need to tell her is your registered email ID. When your payer has transferred money to your PayPal account -you will get an email informing that you have received this much amount from so-and-so person.

However, some countries, like India, do not allow you to keep money in your PayPal account.

Selecting payment methods

At present PayPal takes 3. You can use your PayPal account to send money as well. You can transfer money to anyone who has a verified PayPal account. Then go to your PayPal account and send the required amount to that email ID. PayPal will withdraw that amount from your bank account or charge it to your credit card.

Then PayPal will cut its fee and transfer rest of the money to the payee.

Payer and payee should negotiate in advance as to who will pay the transaction fee of PayPal. No, PayPal is not a bank. It is a service that acts as a middleman in transactions of money among banks.

Some people say that it is even more safe and secure than online credit card transactions. PayPal uses HTTPS throughout their website. PayPal charges a transaction fee -either payer or payee has to bear this cost. The other party does not need to pay anything. Well, although PayPal also earns by charging a transaction fee but I guess their major income source is the interest on funds they hold.

As I mentioned earlier, you can keep money in your PayPal account. PayPal earns interest on this money. You can very well setup your business and use PayPal for online sale-purchase. This method of monetary transaction is hassle-free if compared with online credit card transactions. For accepting payment through credit card, you would need to setup a payment gateway, acquire and renew SSL certificate etc.

But for PayPal, all you need is an email ID. Yes, you can do personal transactions also. Yes, a large number of charities accept donations via PayPal. As different countries have different laws and policies, PayPal imposes certain restrictions on its standard way of operation. You should check PayPal website for more details on restrictions. Transfer of money from PayPal to your bank account typically takes working days depending on processing speed of the bank involved.

This is absolutely incorrect and not possible. Email IDs are used as identities in PayPal accounts. That is why it is sometimes said that money is going from one email ID to another email ID.

It is important that the transacting parties decide beforehand about who will pay the transaction fee. If the sender has to pay -then the sent amount should include the PayPal fee. Please note that I have written this article as a general guide for new users to make them aware of how PayPal works. For bloggerscontent writers etc. PayPal is very convenient.

Securely Send Money Online & Money Transfer with PayPal

Do let me know if you have any questions. Also point to any error in this articles because over a period of time policies keep on changing. I would be thankful. Tips for Success in Blogging. June 20, at 4: June 21, at March 30, at 9: April 5, at Any e-wallet service is like your electronic wallet. You can spend from e-wallet only if you put some money in it. January 25, at 4: Information provided by you is is very transparent.

Easy to know working process of PayPal. January 15, at 1: So, does PayPal take commission even for bank transfer. January 17, at December 23, at 2: December 20, at 1: If i want to create multiple PayPal accounts, should I need different PAN cards or can I create multiple accounts with single PAN card?

August 23, at 7: July 29, at I live in India currently.

July 30, at June 10, at April 21, at 4: I do a small consulting business in Bangalore, India. I have customers from different countries. Shall i use pay pal for my customer to pay consulting fee to me. Do i need have personal account or business account? April 22, at 2: Yes, you can receive your consulting fee through PayPal.

You can use either personal or business account. April 29, at Dear Lalit, We had started a new portal which provides a marketplace for Musicians. Do you know of any service that lets me hold money in an online account and pay vendors on completion of jobs or return the money back to the buyer. The reason I need to hold money in the account is so that the vendor is assured of his payment. I am hoping to add a service where he receives an SMS of payment received in his account.

Do let me know the best option. April 29, at 7: If you come across a suitable online service, please let us know too! It would be good to know about it. August 17, at 6: August 21, at So far, I have not tried Amazon Payments.

How to Access Money After Selling an Item on eBay

February 23, at 4: Dear Lalit, I have started some online jobs. But something is not clear to me. Hello InnoCurrent Member, Your request for Paypal USD Cashout has been successfully delivered. Please do share your payment as proof to help our community grow.

Thank you for Choosing InnoCurrent Services, InnoCurrent Staff http: How much time does it take for money to get transferred in my bank account? I will wait for you reply.

February 24, at You should report aberdeen emerging markets stocks and shares isa matter to PayPal customer support.

January 16, at Thus happened with multiple customers. When I called PayPal customer support they were of no help. They said it is an issue at the customer end.

Please help as all my transaction not getting processed and have error message as mentioned above. January 19, at PayPal customer support is usually less than helpful. I can only suggest that you talk to you bank which has issued you the fft forex indicator in question. Probably the card itself is not valid for certain transactions.

January 12, at 3: Sir how can i change the pricing module of PayPal from USD to INR if it is not possible can you suggest me some other payment gateway. January 10, at 1: I am how long does it take to get money from paypal through ebay a saving account as well as current account with SBI. I want to buy a binomial tree call option pricing model excel on UDEMY.

But it only supports payment with paypal account or credit card. December 25, at Hi Bro, is creating a PayPal account free?

Do they charge any monthly or annual fee for having account? I have zero balance bank account and I have started to earn through online job portals.

December 25, at 2: PayPal account can be opened for free. They do not charge any monthly or annual fee. PayPal only takes commission when you send or receive money through your PayPal account.

December 9, at 4: Hi I intend to offer online service to clients in USA and other parts of the world. Options futures test bank 18, at December 4, at 5: Arbitration stock broker, I am planning to open a supply chain software how to make money on rfid and a blog and become a video publisher on YouTube as well.

I get that PayPal is used to transfer money between two individuals or organizations but what about blogs and websites? I mean a lot of people visit them and I am supposed to get paid for every visit, right. So how will I get money for my website, blog and videos. I have to use credit card to open my website and blog.

Does it have anything to do with payment? December 7, at Hi Amy, I am sorry but I could not get your question clearly. However, I guess what you are asking about is integration of a payment facility in your website. For this you would need a Payment Gateway that operates in your country.

As for YouTube, Google transfers your earnings right into your bank account. December 3, at 5: I am starting a mobile application to cater to small automobile service providers. As most of these persons do not have a bank account, please advice how can they be integrated with the payment gateway and how online payments can be given to them. December 4, at Hi Rajan, I think in such cases you should explore the possibility of using online wallet services like Paytm.

November 29, at 3: November 29, at 5: There is no direct way to transfer money from PayPal to Payza or Fx trading hours christmas to Paytm. However there are exchangers services available which you may use to make such transfers.

For this service, edinburg livestock auction market report charge a fee.

Also be careful in selecting a good exchanger. September 11, at 2: I would like to create a new website for my personal. And i like to give the website design work to Brazilian. September 15, at Hi Ahmed, you can send money to the Brazilian developer through PayPal. As moving average trading system forex charges, I would suggest that you speak with the PayPal Customer Care for this.

September 3, at 5: Thanks for the information about PayPal its really very useful for beginners. But I have one more question in mind. How much money transaction is approved in PayPal? Can forex alberta edmonton ab send or receive large amounts of money through PayPal for business or personal purpose.

September 4, at 7: As for sending money through PayPal, you will have to upload money from your bank account into your PayPal account and then give it immediately to the receiver. You can not keep money in your PayPal account for long. RBI does not allow this. June 29, at June 30, at 7: Hi Marion, it should be possible. But you would need to speak with PayPal customer support.

Probably, website will not allow you to change a PayPal Business Account into a personal one. June 26, at I have created a paypal account but did not verify via debit card or bank account. Meanwhile my client sent money to my account but i couldnt receive it. Then i verified my account with debit card and even then my balance shows zero.

How can i confirm if my client really sent money? June 29, at 7: June 2, at 7: Hello I just need to know that is it possible le to withdraw back the amount myself once I have sent the amount from my PayPal to others PayPal account. June 3, at 5: No, once you have sent the payment, you can not call it back.

You will have to speak with the receiver and ask for a refund. May 2, at 3: Hi Lalit, Can I send money from my Indian account to an overseas account to a country like Australia using PayPal? May 2, at 5: Sanjay, you can send money from one PayPal account to another. The receiving and sending parties may have those PayPal accounts connected to any bank account anywhere in the world. April 30, at 7: Hi I am based in Dubai.

May 1, at If your supplier is a well established business, then you can trust the transaction via PayPal. Every PayPal account is connected with a real bank or credit card account. Therefore, there will be a trail which can help you in the event of taking the case to the courts. Praveena K V says. January 20, at I created my paypal account and bank verification is also completed then where I have to enter a small ammounts? January 21, at 6: This will verify your bank account with PayPal.

Because i dont have pan card to create paypal account. Hi Prashanth, PayPal will have no problem in your receiving money. Technically the money will belong to your brother.

And it will be added to his income for tax purpose. January 3, at 2: Hi Lalit, Thanks for giving such important information.

I live in Delhi and want to start a my travel consultancy website. Can i get payment from my Indian customer using Paypal.

January 4, at 4: January 4, at 3: Your email address will not be published. Notify me of follow-up comments by email. Notify me of new posts by email. The content is copyrighted to Lalit Kumar and may not be reproduced on other websites. TechWelkin displays Google AdSense ads. See how Google uses data when you're on TechWelkin Privacy Policy. TechWelkin Tips and Tutorials on Computers, Mobile Phones and Internet. Best Mobile Phones Success Story Make Money MS-Excel MS-Word AdSense Tools.

PayPal is an easy and safe way of transferring money internationally. PayPal is easy and safe. How does PayPal Work? More Useful Articles on TechWelkin: Why You Should Use It Blogging Rocks! Earn Money from Freelance Writing How to Change Your Mobile Service Operator Google AdSense: PIN was not Received.

Lalit Kumar is a web explorer and founder of TechWelkin. He loves finding useful things on Internet and knows how to put them together to create a bigger solution.

He is passionate about technology, languages and literature. Sign-up for email newsletter for receiving technology tips. Comments Tsombere Tshankie says June 20, at 4: Can I use or subscribe to PayPal. As long as you have a bank account, you can use PayPal.

What is the different between PayPal and e-wallet? Yes, PayPal takes its commission before transferring money to bank account. Has anyone used Auction Essistance for PayPal services? Yes, you must attach a bank or card account in order to receive money through PayPal. This is very helpful. Thanks for sharing this valued information. It is one of the secure transaction service I find.

Hi, I do a small consulting business in Bangalore, India. Hi Lalit, I want to sell my web designs themes, templates etc. For this i have designed a website. I want to get payment in my personal account.

Kindly suggest which one is best for me Paypal or Amazon Payments? Below is a mail that I have get. Click the button below to get started.

Accepting and Sending Payments on eBay - How to eBay

Help Center Resolution Center Security Center Please do not reply to this email. To get in touch, go to the PayPal website and click Help. May be PayPal customer support can help. Did you speak with them? Hello Sir, Very informative post. I have a question related to SBI and Paypal. So please guide me how do I pay them.

I am having a Saving account and current account with SBI. Hi Lalit, I am starting a mobile application to cater to small automobile service providers. Sir Can we transfer money from PayPal to Payza account? Hi Lalit, I would like to create a new website for my personal.

If so, what is the charge for transaction? Is it possible to change a business PayPal account to a personal PayPal account. In such a case, you should immediately call PayPal customer support. Hi bro, i have a question that can i use my brother paypal account to receive money from chitika account. Hi Lalit, Thanks for the reply Regards, Dipanshu. Leave a Reply Cancel reply Your email address will not be published.

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