Question:

How popular is PayPal in India?

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And what other similar payment methods are popular for people buying online?

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3 ANSWERS


  1. Paypal has very negligible presence in India. And the people using online payments options are not even enthusiastic about it.

    Alternatively, Internet based national Banking with a unique bank account number valid throughout India, credit and debit card payments through bank's secure sites are two major channels to receive online payments from people in India. The national banking facilitate anywhere cash deposit, at par cheques credit, local and national transfers through clearing and ECS with no or minimal charges are popular modes of receiving and remitting payments even with SMEs. Bank transactions are much safer, reliable, traceable, speedier and cost-effective.

    Credit and debit card payments online are also getting popularity, particularly where they are associated with leading banks in India providing secure platforms for the payment purposes.


  2. paypal and any other will not be famous untill the day the indians start using and actully believing the net saftey - instead of browsing pornsites.

    the best online payment systme right as of now is of icicibank - i'm using it ang believe me i don't have to spend driving my car to pay bills or anything else, rest all organizations are in the primitive stage

    another idea is to have online games and rewards and to make the winners with paypal credits to them - this one is really a gud idea

  3. 99.99% of people not even heard about it.

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