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Something like payoneer - For Indians.

Discussion in 'BlackHat Lounge' started by jp_smith86, Aug 9, 2013.

  1. jp_smith86

    jp_smith86 Senior Member

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    Hey Guys..

    So As we all know payoneer has stopped their services in India. Is there any other websites available to get Credit Cards...

    Basically I have an Indian Paypal account. I want to attach a card with that. But i want to transfer all the payments in $ into my card. So if i attach an Indian bank account they will transfer the money in Indian Currency. But i want it in USD. Because i need to make purchases online by using that card.

    If i use Indian card to make purchases online they charge Current currency rate + Currency conversion charges. So if today $ price is 57 INR then they will charge 61 INR for 1$..


    Can you suggest me something in this case to avoid that extra currency conversion charges.
     
  2. SkyrocketSEO

    SkyrocketSEO Jr. VIP Jr. VIP Premium Member

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    So, you must be planning to send millions of dollars since you don't wanna pay currency conversion charges?
     
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  3. jp_smith86

    jp_smith86 Senior Member

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    No.. It's not like that.. Actually.. I charge customers to buy their products and leave positive reviews. When they pay me in $ i get that in INR..

    For example: if product cost is 15$ they will pay me $20 to buy product and leave review. Out of those $20, $1 and something will be deducted by paypal.. So I will get $18. $18 will be converted into INR ( according to 57 = 1$) = 1026 INR. and when i will go to buy their product which is 15$, They will charge me 15$ that means 15*61 = 915 and i will earn 111 INR means $2 only.

    I can manage in small orders like $15 or 20$.. but when it comes to $80- $100 .. Then it makes a huge difference in my savings...


    Thats why i asked...
     
  4. jp_smith86

    jp_smith86 Senior Member

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    So Anyone?
     
  5. SkyrocketSEO

    SkyrocketSEO Jr. VIP Jr. VIP Premium Member

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    You should think about creating something where your margin won't be $2, you won't find no-fee option. No point working for peanuts, you're not an elephant. Think about it man, other people are taking the cash while your sweating for pennies.
     
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  6. Web Echo

    Web Echo Regular Member

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    AFAIK, there is only one choice - paxum.

    BTW, don't attached your main bank with paxum... just to be safe.
     
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  7. jp_smith86

    jp_smith86 Senior Member

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    Yes.. i'm totally agree with you.. I'm increasing my rates.. But I have few old clients those are ordering in bulk so I cannot do that with those....

    Thanks a lot for your reply...
     
  8. jp_smith86

    jp_smith86 Senior Member

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    Yes.. i know that.. I never use my main bank account... Thanks for your suggestion.. I'm surely going to look into this...

    Thanks
    Pal
     
  9. jp_smith86

    jp_smith86 Senior Member

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    Okay. I got another Idea. Please give me your suggestions on this Skyrocket.

    I have one Malaysian Paypal stealth account. I purchased that from secondeye. So i have all the information about that account. and even i can get the documents in future if i need. So Now my question is: if i use those details to get one account on payoneer and then i attach that payoneer card with that stealth paypal account. I can get rid of currency conversions Right??

    All i want to ask is, I know its tricky and also very risky... But do you see any lope-falls?
     
  10. SkyrocketSEO

    SkyrocketSEO Jr. VIP Jr. VIP Premium Member

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    You're doing it wrong again, tell those old clients that the price is not the same anymore, because your costs went up. They don't wanna work with you anymore? Great, you'll have more time to find better clients!
    That's how I do,and it is working out great for me, there is no reason for stealth accounts and getting into trouble.

    I had a great client, we delivered thousands of articles to him but at one point I told them that we can't work with them anymore (even though their rates were good). I knew that I can use that time I am wasting with them to find a better deal. 99% of the people wouldn't do that cause they wouldn't look at it as time wasting, because they are ordering every day and they are paying. BUT, I was busting my ass every day (and weekends) for what?
    Think about it
     
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  11. jp_smith86

    jp_smith86 Senior Member

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    Hmm... You are right... Even This is the same story here.. To complete their orders i do work on weekdays as well.. thanks a lot for your suggestion.. I'm gonna do this... I'm gonna find new clients...

    Thanks
     
  12. imserious

    imserious Senior Member

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    There is no choice but to swallow the currency conversion charges which are a lot.....
    Stealth paypal comes with risk of losing all the money in it. If you think its worth taking, then go for it or look for some means to increase your margins.