I wish to verify my paypal account so that I could pay for hosting services via paypal.
From Paypal "Debit Cards (also called check cards, ATM cards, or banking cards) are accepted if they have a Visa or MasterCard logo. "
I am about to make an account from a bank listed on the VISA Site as one of the 39 affiliate banks in India, so that I can verify my account.
But I saw some posts here stating that Global Debit cards are of no use for verificaton .. But it says right here in the PayPal site that Debit Cards are accepted if they have a Visa or MasterCard logo.
Has anyone done this before? Please help!
Also, if I request a check from PayPal , will it be just a 5$ fee or an additional 2.9% of the amount requested too?
The check withdrawal fee for your account should be shown under the "Withdraw" section of your account. As far as I know, it should be a flat fee and not a percentage. (I think you were looking at the 2.9% that is charged to sellers for receiving a payment, and a check withdrawal does not have the same fees.)
I don't know if this works in India, but in the U.S. you can verify a PayPal account by using a bank account rather than any kind of a card. Some people open a separate account for this if they don't want to give out the information to their main bank account. I've gone this route and have never had any trouble with it.