help!wht is paypal?
By umavarma1
@umavarma1 (926)
India
December 21, 2006 11:14pm CST
hi wht is an paypal account,how to open it?how much does it cost?how can i take money from that account if the money is redeemed from mylot?i am from india, can anyone please guide me?
which account should i open?personal?or the premier one?
4 responses
@shi_2000_21 (2680)
• India
22 Dec 06
yeah paypal is available to indian residents but can withdraw only by cheque for that you should have minimum 150$ in your acccount. you can open paypal account for free.
1 person likes this
@umavarma1 (926)
• India
22 Dec 06
tnk u so much 4 responce.now 4 registering does it cost me?
n how will i get checks?
is there any other way through which i can redeem n get the money wht i have earned in mylot?
@grbnrj (105)
• India
14 Jan 07
hi uma!
i am also from india. i am from kolkata. i had also the same question like you. but after going through the faqs i came to know that we the indians can withdraw money from paypal account via requesting a cheque from them. but we should accumulate minimum $150 to withdraw from paypal. perhaps ( i am not sure) $5 will be taken by them as the processing fee and moreover in india other taxes and currency conversion charges may have been charged.
1 person likes this
@kokopelli (4842)
• United States
22 Dec 06
paypal account is the medium used to send or receive money. i don't know if it covers india but you can open at least the basic for free, depending on the extent of usage you'd like it to be. you can go to www.paypal.com for more info and details.
