What is paisapay all about in ebay?

[arunks]

What is paisapay all about in ebay?

Plz tell me .. how can i use it.. whats benefit.. which bank account is supported and how to use it.. is there any risk or something else?

plz tell me .. i m on ebay from 2004 but have never used paisapay.. i always thought it is not safe..

what do u think guys..plz reply

[[xubz]]

eBay is a trusted company, It owns Paypal!

However, PayPal is not officially available in India, the reason why there is PaisaPay.

As eBay.in puts it.

Buyer pays eBay (and not the seller) through Credit Card or Online Bank Transfer

The seller is credited for the payment only after the Bank confirms the transaction

eBay consolidates all confirmed PaisaPay transactions and sends a cheque / demand draft to each seller on a regular basis

You can either use Credit Card or allow it you directly access your Bank Account.

http://pages.ebay.in/help/community/paisapay.html