paypal - www.paypal.com

[ryuken]

I see that paypal requires manual quick money transfer some of the days. However, they can also autowithdraw to the account if we don't do it. this sort of feature is not bad at all. worth using for sure.

 

[Decub]

You mean PayPal has a feature where the account holder's funds gets to his bank account without him requesting for bank withdrawal. The would have been over doing it because the user might just international want his funds to remain there for some obvious reasons.

 

[ryuken]

Yes that feature is known as autowithdrawal. I am sure you know some of the time, it would be worth having the funds for the paypal to process, most likely the funds which are processed from the senders confirmation is easy to take care of.

 

[sindarin]

I think that feature only for Indian Users or Business Account users, or even that users must be Indian Users + have Business Account also, as for Indonesian Users i never see any feature like that in my premier account, so i can concluded that in my country there isn't something feature like that for paypal, we only can withdraw the money to the bank manually.

 

[Decub]

Personally, I even see it as something that is not ideal because you are simply telling the person where his money should be even when he might be reserving it for something else. Unless, however it could be activated and deactivated at will. If it is for some region or for some account types, then it means there should be a provision for same.

 

[ryuken]

I have premier account and i guess that feature is enabled because we are not allowed to keep the balance in the paypal. so the feature is country specific where the countries don't allow the paypal to hold the money. that is one i have noticed so far.

 

[sindarin]

I have premier account and i guess that feature is enabled because we are not allowed to keep the balance in the paypal. so the feature is country specific where the countries don't allow the paypal to hold the money. that is one i have noticed so far.

So, this means Paypal auto withdrawal is for Indian or some countries that allowed by paypal to do something like that, i also find some forums that talk about this things and i found out that they are Indian Users which means my assumption later was right.

 

[ryuken]

Yes, that is the case. that way they are regulating the paypal and the people who do the transaction within the country. something i guess every country should do and that is one of the ways paypal can be used without having to store the money for 0 interest.

 

[sindarin]

Yes, that is the case. that way they are regulating the paypal and the people who do the transaction within the country. something i guess every country should do and that is one of the ways paypal can be used without having to store the money for 0 interest.

If i don't make any mistakes, Paypal has sister payment processor that also owned by paypal, right? maybe because of India have such a huge potential users so that is why ebay created those thing, but it seems that paypal also still used by Indian members even it has some issues with it.

 

[ryuken]

As far as I know there is no sister company of paypal. As paypal is now part of the ebay. there is only single payment network that is being controlled by the ebay US company. as for the india the rules are added by each country are to be followed by the paypal in order for it to work

 

[sindarin]

As far as I know there is no sister company of paypal. As paypal is now part of the ebay. there is only single payment network that is being controlled by the ebay US company. as for the india the rules are added by each country are to be followed by the paypal in order for it to work

They have for sure , i don't know if you are regular buyer in India Ebay, but there is a payment processor for India Ebay which called PaisaPay which is owned by Ebay itself, exclusively for Indian users who want to buy in Ebay, so that is why i said PaisaPay as paypal sisters. For outside people Paypal still the best , and for me too, so far they only lack of fee and withdrawal convertion rate, but for withdrawal fee they are the BEST.

 

[Decub]

Yes, I know there's Paisapay and if I'm now. wrong, exclusive to Indians and owned by eBay themselves which doubles to own PayPal as well. In any case, it might not be out of place to assume that PayPal has a sister payment processor.

 

[sindarin]

Yeah it is exclusively for Indian, but they are from the same company called Ebay which also owned Paypal, so i think we can assume them as paypal's sister. Aside from that thig Paypal is quite complicated in India , makes some paypal's users in India feel it is quite hard to use them and want to earn bigger with Paypal.

 

[Decub]

Yes, most probably, you know, sometimes, PayPal can just have some laws to some group of people or some countries just as the case where fees are charged according to the destination country the receiver is from. I guess they are they only processor doing such because I'm yet to find a payment processor that does not charge a uniform fee for transactions.

 

[sindarin]

Yes, most probably, you know, sometimes, PayPal can just have some laws to some group of people or some countries just as the case where fees are charged according to the destination country the receiver is from. I guess they are they only processor doing such because I'm yet to find a payment processor that does not charge a uniform fee for transactions.

What kind of transaction that you mean here? because as far as i know for internal transaction Paypal has quite big fee and also if someone pay our goods from CC and we receive the money in our Paypal account, we will get a lot of fees from it.

 

[Decub]

But you know too well that PayPal fees for for sending money (or the recipient) varies according to destination and the much I know is that there are some countries where their charges become higher than others. And I feel that if you are sending within US, that is, US to US, very minimal or even no fees.

 

[sindarin]

But you know too well that PayPal fees for for sending money (or the recipient) varies according to destination and the much I know is that there are some countries where their charges become higher than others. And I feel that if you are sending within US, that is, US to US, very minimal or even no fees.

There are so many factors about paypal internal transaction, but for US it still have huge fees if you ask me to compare it, but everyone in the country can do no fees transaction which called as personal payment, but if you abuse it, paypal will be suspicious of you and sooner will limit your account

 

[Decub]

I was thinking it's the gift kind of transaction where the sender sends the money as a gift to the recipient so that he or she doesn't pay the transaction charges. I also thought that service is available to all countries irrespective of where you are.

 

[sindarin]

If you ever use paypal i am sure you already know about this thing, this personal payment is what so many paypal users like even for the business users, but for premier users usually they will think twice of it, because it could bring loss to them too.

 

[anosocialnet]

This Payment Processor is one of the best Payment Processors online, because it has many Advance features which can make users to have a mazimum useage with it then most other Payment Processors, though Payza is competitor . But currently, that is the likely only option for the US in terms of doing online transactions. Only if they can start serving the World too.