Paypal related questions

I had a unverified paypal account, today when i tried sending money through it, it said that i have to use credit card to verify the payment.

So why the card is necessary?
What if i applied my card on it, will it effect the card?

The verified paypal account i used wasn't mine, but i need help on these questions related with unverified paypal account.

 

Are you from india ?

 

Yes, I am.

 

K then you need a cc to verify paypal.With effect from march 1 paypal has restricted indian users to use paypal for online transaction since facing pblms with RBI.So now it is a hard time for all indian paypal users who don't have a cc.

 

Even if we have CC we can;t transfer funds available in our paypal account. We can able to send directly from our Credit or Debit card. I don't know why RBI restricting small transactions.

 

It means a indian paypal made account can't send any money now?

 

Use vcc to verify your card.

 

Yep,no money from can be sent via the paypal balance...
But if you had credit card attached to it,then you can...(but not from paypal balance though)

 

Yep,not from the balance...

 

Yep,not from the balance...

 

Wow, i got a lot in my unverified paypal account, i really need a way to spend that money.

 

I've lost about a dozen paypal accounts in the last year. They were all email verified but I did not link them to a bank or CC. They all had fake info to dummy emails. I only used those paypal accounts to buy software to share. My only advice is spend that money quickly in your paypal accounts in case they ever put a restriction on it and demand you prove your info :35:

 

Then open a new bank account, verify your account. Paypal send you 2 small payments to your bank account. If you enter it correctly then your account got verified. Transfer your funds to that bank account. After all your funds got transfered, close that bank account.
But make sure you not produced your PAN card while opening your bank account.

Hope it helps...

 

+1
But why to close the bank account?!

 

Just got a new idea, What if i..

Refund all money of this account to the senders(they are daily active) and then tell them to send on the verified acc of any other country which i will buy.

I think it will work, what you think?

 

it may work but very risky.. try getting an online US bank account. it may work,.

 

Just to avoid TAX and getting caught.

 

Hey - My PP is linked to HDFC bank. Can I get it verified through it? I am not sure if bank confirmations work for Indian accounts. Can anyone help me on this? Can I remove limits via an HDFC bank verification? Has anyone done this before?