Withdraw your PayPal funds to your Indian Bank Account

There are many Indians who are reluctant to use Paypal as they have problem getting the real cash from their Paypal account. I recently got all my Paypal money transferred to my account Axis Bank Account using this feature in just 4 days time. I got good conversion rate too. You need to set up your bank account details for this. You will also need the IFSC code of your bank which you can find on the cheque book of your account.

First you need to go to your PayPal account

Once you login, you will see the link “Withdraw” Just click that and go to the next page

In the image shown below, just click on the “Withdraw funds to your bank acount”

Enter the Amount that you want to withdraw and select the bank account. I have a bank account already selected so I see a drop down list which I can select from or I can add a new account

For adding a new account, just select the bank. The banks which are accepted for this are

HBSC BankYou need to enter your account number and the IFSC code of your bank, which you can find on the check leaf or you can get it from you bank

Thats it, in next 4-7 days, the money is in your bank

This is real money business. If you do not have a Paypal Account, just sign-up for a free account

Alertpay, a paypal alternative

Many bloggers and affliliate managers are diched by Paypal, they either put the account on hold saying that there was a security threat by your account and your account is disabled for the time being. You cannot make any payment or receive any payments during this period.

This kind of emails are often received by small business accounts and I have received it twice. It take arount 1 month to this this sorted out.

There are many alternatives for paypal and one of them is Alertpay.

Account types in Alertpay

There are two types of account

• Personal Account
• Business Account

There are some limitation in personal account so for a blogger who want to use this for his business and get payments, its advisable to go for a business account

In a business account, you can do transaction under your business name, receive payments, send payments, use shopping cart, accept credit cards, use buy now buttons and IPN is also provided

Mass payment and unlimited emails are also associated with business accounts

Paypal, your payment processor

If you are running an affiliate program and you need to process the payment, then you need to have a shopping cart. You do not need to create one yourself, but just need to sign-up for an account with such service providers. Payments will be processed at their secure website and transferred to your account.

Paypal is one of such service provider and is the most popular one. To create an account just sign-up for free and verify your account using your credit card.

To start off

Go to Paypal website and sign-up using correct information. Your email is very important as the payments are processed using your email. You can add multiple emails after you create your account. You need to verify the emails before you start using it.

Once you create your account, you can login and view your account control panel

Here you see tabs like Send money, Request Money, Merchant services etc.

To use the shopping cart, you need to go to the Merchant services

From here you can select the right button or cart as per your need. You will find all the help and support at the website itself and its not to hard to set it up.

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