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- Is PayPal Legal in India?
Is there any legal, Govt./RBI approved way of transfer of money from PayPal account to any Bank account in India?
I also have lots of queries regarding how to use PAYPAL account here.
I opened a PAYPAL account as it was required after i signed up for some pay to post site. But neither i am getting dollars in the pay to post site nor do i know about using pay pal account .
If some one have experience in using PAYPAL account please share info.
THANKS 8)
Two days back, I receive the following message from paypal
“Now you can add your Indian bank account to your
PayPal account, so you can withdraw your money
directly to your bank. It saves you time and gives
you faster access to your PayPal funds!
Plus, there is no charge to withdrawal amounts
over INR 7000*. So, go ahead and add your bank account today! “
I hope that it will be legal since it seems that the Indian banks are accepting that transaction.
Some one please confirm it.