Are PaisaPay and Paypal legal payment gateways as per RBI rules in India.
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on 19-02-2006 09:17 PM
Hello to all,
We are based at Jaipur and propose to list our products on ebay.com (USA) and ebay.in (India) for International sale.
The solutions provided (for international payment)by ebay are Paypal and Paisapay. Are these both legal as per RBI guidelines ? Do they issue FIRC.
They send the cheque in INR whereas the payment of exports (made from India) should come to India through a bank in foreign currency.
What are the best payment options available ? Can Moneybookers,CCavenue and Payseal (ICICI bank)be used in listings on ebay i.e. allowed by ebay ?
Please guide and oblige.
With regards,
J.N.Sharma
We are based at Jaipur and propose to list our products on ebay.com (USA) and ebay.in (India) for International sale.
The solutions provided (for international payment)by ebay are Paypal and Paisapay. Are these both legal as per RBI guidelines ? Do they issue FIRC.
They send the cheque in INR whereas the payment of exports (made from India) should come to India through a bank in foreign currency.
What are the best payment options available ? Can Moneybookers,CCavenue and Payseal (ICICI bank)be used in listings on ebay i.e. allowed by ebay ?
Please guide and oblige.
With regards,
J.N.Sharma
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