PAY-PAL INDIA

Q1. What is PayPal?

-----PayPal is an e-commerce business allowing payments and money transfers to be made through the Internet. PayPal serves as an electronic alternative to traditional paper methods such as checks and money orders.

Q.2 why do we need PayPal?
  ------PayPal plays an important role for the transfer of money from outside India to local Indian banks.
           for a minimum fee PayPal transfer money from abroad to India.

-------- Fee chart of PayPal for Indian Customers.........

Q3. Is it secure?

------The PayPal site is highly secure. We use industry-leading technology (such as SSL) to keep your information safe.

PayPal automatically encrypts your confidential information in transit from your computer to ours using the Secure Sockets Layer protocol (SSL) with an encryption key length of 128-bits (the highest level commercially available). Before you even register or log in to the PayPal site, our server checks that you're using an approved browser - one that uses SSL 3.0 or higher.

Once your information reaches the PayPal site, it resides on a server that is heavily guarded both physically and electronically. PayPal servers sit behind an electronic firewall and are not directly connected to the internet, so your private information is available only to authorized computers.

Q.4 Does PayPal work for India?

---Yes. You can send money by Paypal in India and withdraw them by asking PayPal to verify Indian account.

If you have a indian Paypal account, then you can add the following indian bank accounts:

• State Bank of India
• Bank of India
• Canara Bank
• Union Bank of India
• HDFC Bank
• ICICI Bank
• ING VYSYA Bank
• UTI Bank
• Standard Chartered Bank
• HSBC
• Citibank

,the money can be transferred from PayPal to India.