how does paypal work?

@calvin222 (1606)
India
November 18, 2006 8:08am CST
could someone tell me how paypal works? I have an account but cant figure out how i will receive the money in India. thru bank or by cheque. incase of bank where do i register my bank details. is a personal paypal account good enough or do I have to upgrade to premium.
4 responses
@mvsrao (4365)
• India
18 Nov 06
A premium paypal account is prefered for mylot . one can get cheques from paypal . What is a PayPal account? A PayPal account enables any individual or business with an email address to securely, easily and quickly send and receive payments online. PayPal's service builds on the existing financial infrastructure of bank accounts and credit cards and utilizes the world's most advanced proprietary fraud prevention systems to create a safe, global, real-time payment solution. see more details : http://www2.mylot.com/o/affiliate.aspx http://en.wikipedia.org/wiki/Paypal
1 person likes this
@calvin222 (1606)
• India
30 Nov 06
thats informative thanks. .
@ilunice (946)
• Netherlands
20 Jan 07
There is just a good news that Paypal is opening a branch in India soon. So don't wory about your money. You will be able to do it. Check for more info on the net.
@lesterdsa (1638)
• India
30 Nov 06
there's no need to register ur bank account to recieve money in india, u only must be a verified to get verified u should have a credit card,
@lsen06 (4998)
• India
20 Jan 07
i am also in the dark about it.