is paisa pay cheating me

[drgopoos]

hi,
i brought an item from ebay and decided to pay through paisa pay...i should have read the reviews that were given here.....
its more than 2 days now and they have not yet verified y documents and not yet paid my seller....
they have put me in deep sh**
guys beware of this paisa pay...

[onlygizmos]

THe delay must have been due to mumbai rains. Hope you have recieved the confirmation now.

Regards

[drgopoos]

yes finally they have done it.......
thanks

[drgopoos]

hi buyers
NEVER USE PAISA PAY....
HERE IS MY STORY...
i paid using paisa pay and they took 3 days of processing and then they sent confirmation that item has been paid for...
then the seller says he is not informed and then the seller will tell you that they have not recieved the cheque...
its nearing one week and no sign that my seller is going to be paid....
so if you are in a hurry to get an item DONT USE PAISA PAY... but if you are ready to give your hard earned money to paisa pay account so that they can get some benefit and if you are ready to wait for a long time use paisa pay.....

on the other hand i had used pay pal and friends its so fast and reliable....
once my i recieved a wrong item and they fully repaid me and no questions asked...

i will have to wait and see if, god forbid, some thing happens to my order what the paisa pay guys are going to do,,,,,,,,,

[superstores_tech]

Incase the amount is below Rs 10000 one can take a chance to pay by Online Transfer directly to sellers account. If above Rs 10000 and the seller is new rely on paisa pay.

But incase your purchase is from a reputed seller you can make a direct transfer. Paisa Pay is slower than Direct TRansfer. Even sellers get Payment from Paisa Pay in the form of a DD every 7 days which when it clears goes upto 10 days and incase of delays liek the Mumbai Floods or Blast (as paisa pay is based in Mumbai) the delay increases.

However the sellers are advised to ship the product as soon as the confirmation is received but some sellers decide against it as the delay is way too much at time and it means blocking capital for that much time. .

Superstores_Tech

ANkur Agarwal

[ahimanikya2006]

Looks like PaisaPay still not a mature payment processing method. I don't understand why in the world they would take 24 to 48 hours to process a payment. Even a cooperative bank in India can do better than this. This is a very sub-standard effort from Ebay India. I paid 35K for for the iPhone I bought in eBay, when I called there was no satisfactory answer and one time the lady told me may be my bank has some issue, I checked with CitiBank and they said its been cleared from their side. I did not expect this from eBay. I am surprised to see the problem has been persisting since 2005 till date. Not sure whats wrong these guys.

[bhushan.mehta]

do people even read the date of the last post before posting...this thread is 4 years old!!! -- Signature: I am Jack's complete lack of surprise.