Jun 15, 2017 03:35 PM
3349 Views
I am using paypal from 2 years and its a amazing site to send or receive payments even from other countries and it is the best thing about this. No need to anything just sit and relax whenever someone send you payment paypal automatically transfer it to your bank account.
Service and support staff is very helpful and quick they resolved all my problems whenever I complained.
It have some drawbacks too and one of them is it takes its money conversion fees too much, suppose someone sent me$5 paypal will transfer me$4.48 and its commission is too high.
Second drawback is indians can not hold money in their paypal account, if you want money in your paypal account you have to deposit via debit or credit card, if you want to make any purchase through paypal.
Creating paypal account is also very painful because it required too much documents to verify and pan card also after this paypal also verifies bank account. To verify bank account it transfer a little amount of money in your bank account like 1.20rs and you have to enter exact same figure in your paypal account after that your account will get fully functional but this process takes atleast 5 days.
