Use ICICI Bank Credit Card With Paypal (India)

Why do Indian citizens need a Credit Card for Paypal?

For Indian Paypal users, it is impossible to transfer money to someone else's account or make a payment online using your Paypal account without a credit card. This is due to a regulation enforced by RBI (The Reserve Bank of India) around April this year. Without a credit card, Indian Paypal users can only receive money (funds) from others and can't purchase anything online with their Paypal balance!

ADD HDFC DEBIT CARD NETSAFE VCC TO PAYPAL ACCOUNT

Currently the easiest way for Indian Paypal users to do online transactions is by adding a debit card or credit card to the Paypal account. According to RBI regulations, Indian Paypal users can't spend their Paypal balance directly. Most Indian ATM/Debit cards cannot be used with Paypal, for example SBI VISA Yuva International Debit/ATM card and SBI Maestro ATM/Debit card. These cards have the phrase "For Electronic Use Only" written at the top.

ADD SBI ATM/DEBIT CARD TO PAYPAL

IMPORTANT NEWS REGARDING INDIAN PAYPAL USERS:

Paypal has been making drastic changes to its policies after tightening of regulatory directives by the RBI (Reserve Bank of India). So, please make sure you do the following as soon as possible:

1.Seriously start looking for other money transfer alternatives. 
A very reliable one is:

• Moneybookers : http://www.moneybookers.com/

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I'm Samir. A blogger, freelance writer, stock market trader, amateur nature photographer and pensive philosopher.

Currently I'm blogging about Technology as a resident writer at DragonBlogger.com

Here are a few of my blogs:

Earn Online Free - Free MMO Tips and Strategies, especially for Indians - freelancing, writing and other methods.

Indihow Photography - Nature Photography in Eastern India.

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