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Ecommerce Forum

Online payment options

10+ Year Member

Msg#: 3922 posted 7:12 am on Jun 11, 2005 (gmt 0)

I am service provider and do not have any fixed amount. The payment depends upon the work. What are the options available for this type of business?

I am located in India. I am specifically looking in terms of minimum withdrawal fund, withdrawal charges, registration charges etc.



5+ Year Member

Msg#: 3922 posted 8:20 pm on Jun 12, 2005 (gmt 0)

post this in the ecommerce forum.


10+ Year Member

Msg#: 3922 posted 5:01 am on Jun 13, 2005 (gmt 0)

hello friends! Any comments


10+ Year Member

Msg#: 3922 posted 5:18 am on Jun 13, 2005 (gmt 0)

I am using paypal regularly now. They send me INR draft now. The max limit or $2500 per month, which is ok for me. ( This is the RBI limit also )

In general, I am happy with using paypal business account, but the only drawback is that they send the draft by ordinary post, so at times there is a lot of anxiety. They do not have EFT or courier service.

Normally, i let some payments get accumulated in paypal, say about $400 or so, then request a check to be send to me.

I am not using the paypal link or button on my website. Instead I simply send an email request from the paypal website after asking my client about his paypal email id. This makes the things simpler.

They charge about 4% per incoming transaction and a flat $5 per check they send to us.

I hope this helps. :)


10+ Year Member

Msg#: 3922 posted 9:20 am on Jun 13, 2005 (gmt 0)

Thanks Sobriquet.

In which bank do u have account? Because i had an bad experience with SBI, it took about 2 months to cash the dollars. This is 2 years back story.

Do the local bank also charges for this?


10+ Year Member

Msg#: 3922 posted 4:45 am on Jun 15, 2005 (gmt 0)

hi, now i have a bad expereince with paypal. read my post above.

they have send me a misprinted check and are not responding on phone or email.

( my acccount is in citibank - takes 2 to 3 days to encash the overseas INR cheques )

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