You have to understand one thing. PaisaPay is not an open PG. it is propriety product of eBay India. As when eBay india launched, paypal was still in their early stages in India and was not regulated by RBI. Hence PaisaPay was introduced as per RBI guidelines.
The befits of PaisaPay over PayPal are you can use Any Debit or Credit card carrying Visa/Master logo. and HDFC/ICICI/Citibank net banking as well. if you transact on Paypal, you will be charged in USD on your card and this will attract extra charges on your credit card account for foreign currency transaction. on top of that you will have to show in your ITR why you made Forex transaction.
On the other hand, PaisaPay simplified this, and
1)buyers are being charged in INR.
2)is integrated in eBay.in by default.
3)You can pay using your Visa/Master credit as well as debit card
4)Three major banks netbanking already available.
5) Your Credit/Debit Card shows purchase in INR.
4) You get refund if buyer doesn't ship item in 7 days.
Hope this is helpful
buy genuine mobiles at unbeatable price.
http://stores.shop.ebay.in/Mobile-Phones-ETC
Change is state of mind..but inevitable.
buy genuine mobiles at unbeatable price.
http://stores.shop.ebay.in/Mobile-Phones-ETC
Change is state of mind..but inevitable.