Indian hosting company
By abhi_bangal
@abhi_bangal (3686)
India
June 26, 2011 12:53pm CST
Hi friends
I am thinking of registering my own domain name and stop relying on the blogger platform. But as the PayPal rules are strict for Indian users, I can't keep money in my PP account for more than 7 days. So, I am held up with my job of registering. For that sake, is there any other alternative for PP?
These are really important questions for me. Please help me.
1) If I go for that and use the same bank account that I have joined with PP, will that be fine for PP? B'coz I don't want to go for another bank account just for this sake.
2) If I make some time adjustment and remain with PP, will it be helpful in the long run? What if I have to recharge my domain account and I have noo funds in the PP account 
Please tell me if any Indian hosting company accepts payment through NEFT so that I can manage it domestically?
Please tell me if any Indian hosting company accepts payment through NEFT so that I can manage it domestically?1 person likes this
2 responses
@SpikeTheLobster (6403)
•
26 Jun 11
I don't know about Indian hosting companies but doesn't Paypal automatically draw funds from your bank if your PP balance is zero (or not enough for the bill)? I know they do that here in the UK. If they do, you don't need to worry: you pay via PP and they suck the money out of your account (sort of like a financial mosquito...) to cover it. Worth checking, I'd say (although it sounds like they have special rules there, so it might not work like that at all).
@abhi_bangal (3686)
• India
27 Jun 11
Hi
I am hearing this for the first time - PP automatically pulling funds from banks. I never knew that even if it is in place. See, as far as these 'special' rules are concerned, what I had heard was that, Indian users cannot keep their bucks in the PP account for more than seven days. However, I did not go into more details like, if they keep it that way, what happens next.
1 person likes this
@SpikeTheLobster (6403)
•
27 Jun 11
That's a good question... I wonder what they do? 
It sounds like it'd be worth checking their local terms of service.
As for the automatic money-sucking, it definitely works in the UK. Say I have £5 in my Paypal and want to spend £7.50. The system lets me spend it, takes £5 from my Paypal balance and debits my bank account for £2.50 to make up the difference. Very neat, though obviously you have to be careful not to empty your bank account!
It sounds like it'd be worth checking their local terms of service.
As for the automatic money-sucking, it definitely works in the UK. Say I have £5 in my Paypal and want to spend £7.50. The system lets me spend it, takes £5 from my Paypal balance and debits my bank account for £2.50 to make up the difference. Very neat, though obviously you have to be careful not to empty your bank account!
@sunny4691 (546)
• India
27 Jun 11
Hey I don't think paypal have implemented that rule as I have some money sitting in my paypal account from many days, but if they have implented this rule recently please let me know.
@abhi_bangal (3686)
• India
27 Jun 11
I had first heard about this rule in the month of February, if I am not mistaken. I did not make any experiment to check out what happens if the period is passed. Nor did I try to find out the reasons behind it. But I had heard it was something about the RBI policies. Another reason I did not go deep in was I did not much need the PP system then.
