I've recently won an auction for an item in India, and have been trying to pay for it. Chase will approve the PaisaPay for the item, and I WILL NOT use my debit card, so it appears that I have no valid way to pay for the item at this point. I've tried all the usual remedies, reloading my browser, etc, with no impact. I get the "verified by visa" screen, but the transaction is always denied.
At this point, I'm simply going to tell the seller I have no way to pay, and I will refuse to bid on anything with the PaisaPay logo in the future. The entire thing smells like a scam to collect credit card numbers, to me--and no, I don't trust eBay itself not to be involved in such a scam, since eBay has shown so little interest in preventing scams in the past.
Russ