FAQs
You first need to add your Indian bank account to your PayPal account. To confirm your bank account, we'll deposit 2 small amounts (each between 1.01 and 1.50 INR) to your bank account. These amounts will show on your bank statement within 5 business days.
Which bank account is supported by PayPal? ›
You will need an FNB Online Banking profile. If you don't bank with FNB you can create a free FNB Online Banking profile and link your PayPal account to your South African bank account. A withdraw from a PayPal account takes 3 to 5 business days to reflect in your linked South African bank account.
Does SBI support PayPal? ›
Since PayPal transactions are of international nature, this is an additional security feature provided by SBI. SBI customers can open a PayPal account only after international usage is activated on their debit cards.
Can I get payment through PayPal in India? ›
For your account security and compliance with India's financial regulations, you'll need to confirm your email address and your identity before you can receive PayPal payments and withdraw funds from your PayPal account.
Can I transfer money to India with PayPal? ›
With PayPal, you can send money internationally to another PayPal account just like you would domestically. Xoom, a PayPal service, offers more delivery options like cash pick up, bank account transfer, and more. Xoom also serves additional countries to send money abroad to friends and family such as India and Mexico.
Is PayPal legal in India? ›
Yes, you can make an account and use PayPal in India BUT PayPal can only be used to make or receive international transactions, as they have announced that they stopped domestic transactions in India. So if you are Freelancer or you are using a website that pays you from outside of India you can use your PayPal.
Can I use PayPal without bank account in India? ›
You may be able to use PayPal to receive money without adding a bank account or card. You'll simply need to verify your email to get your payment². However, as the usual way you verify your account is by adding your bank, credit or debit card, you might find that your access to some services is limited in this case.
What bank sponsors PayPal? ›
The PayPal Prepaid Mastercard is issued by The Bancorp Bank, N.A. Member FDIC, pursuant to license by Mastercard International Incorporated. Netspend, is an authorized representative of The Bancorp Bank, N.A.. Certain products and services may be licensed under U.S. Patent Nos.
What bank can I withdraw money from PayPal? ›
The PayPal Debit Mastercard® is issued by The Bancorp Bank, N.A.
Can I link my Indian bank account to PayPal? ›
Step 1: First you need to go to Payment Methods. Step 2: Click Ready to confirm on the bank account that you're going to confirm. Step 3: Now enter the exact amounts of the 2 deposits. For example, if the amounts you received are 1.12 and 1.07, enter 1.12 and 1.07.
To open a personal PayPal account in India, you will need a valid phone number and email address. Next, to make purchases, you will need to link a debit or credit card, or a bank account to your PayPal account. And make sure your bank account allows for international transactions.
Does Canara Bank support PayPal? ›
I've added ICICI, AXIS, HSBC, CITI & Canara bank accounts on PayPal n it works great! debits are accepted too.
Does PayPal need bank account in India? ›
To open a personal PayPal account in India, you will need a valid phone number and email address. Next, to make purchases, you will need to link a debit or credit card, or a bank account to your PayPal account. And make sure your bank account allows for international transactions.
Which account is best in PayPal? ›
We offer two types of accounts to meet all of your needs, Personal or Business accounts. If you just need to make purchases and send money to family and friends, a Personal account is probably for you. We recommend Business accounts for online merchants who operate under a company or group name.
What bank is associated with PayPal? ›
The PayPal Debit Mastercard® is issued by The Bancorp Bank, N.A. (“Bancorp”) pursuant to a license by Mastercard International Incorporated and may be used everywhere Mastercard is accepted. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.