PayPal Rules For Indian Users

How To Open/Create PayPal account ?

This could be the question people might start searching answer for in some months or years time. Because new users may not know all the information needed to open and start making use of PayPal account.

If you are an Indian PayPal user, then you have a different set of rules than PayPal users of other countries.

Here are the basic things to keep in mind while opening a PayPal a/c:
These are mandatory things to have, to open and enjoy the benefits of PayPal a/c.

1. PAN or Permanent Account Number
2. Purpose Code
3. Bank account in India

According to new PayPal rules, you should not keep any balance in your PayPal account for more than 7 days. It should be withdrawn to the bank a/c which is connected with your PayPal a/c with in 7 days, what-so-ever the conversion rates be on those days 🙁

PayPal-auto-withdrawal

PayPal also has auto-withdraw option available for Indian users.
Goto Profile -> Add/Edit Bank Account and click on “Make Auto Withdrawal” button.

Add PAN Number:

paypal-addpan

Your PayPal a/c -> Profile -> My Details -> Click on Add next to PAN.

Add Bank Account:

add-bank-account-paypal

Your PayPal a/c -> Profile -> My Money -> Click on Add my bank next to Bank accounts.

Add Purpose Code:

paypal-addpurposecode

Your PayPal a/c -> Profile -> My Money -> Click on Add next to Purpose Code.

Note: I’m a blogger and freelancer, I have added “Freelance journalism” as my purpose code.

Add Your Current Postal Address:

paypal-add-postal-address

Your PayPal a/c -> Profile -> My Details -> Click on Update next to the Address field.

NOTE: One thing to know clearly is; From now you will not be able to pay for any product, service or anything using the balance present in your PayPal a/c. You should pay only by the credit card that is connected to your PayPal account. i.e., You have to first transfer the balance amount in your PayPal a/c to your Bank Account, and then pay from your Bank Account via your PayPal account! Now you may ask, whats the catch ? This is the rules RBI has set for Indian PayPal users, so we have to follow it.

Related Read:
Withdraw Money From PayPal To Bank Account.
PayPal Button for Accepting Payment For Multiple Products.

Guide To Make Money Via Twitter: We Hate Spam Too!

First of all, let me make it clear – I am not here to suggest you or convince you to start using your Twitter account to scatter some sponsored ads and make loads of money from it.
A single rule of thumb be – “Provide Value to Your Followers.”

First of all, let me make it clear – I am not here to suggest you or convince you to start using your Twitter account to scatter some sponsored ads and make loads of money from it.

I am here to suggest some of the ways you can make money without annoying/hurting your followers.

My simple excuse for trying this service!
If you have used a product/service and satisfied with it, and if you get to tweet about the same product/service, then why not?

With so much of buzz about Making Money using Twitter, many people will be eager to know whether its just a hype or something worth while.

With this in mind, I started researching and testing some of the sponsored tweet services.

My official Twitter ID is @technotip and I tested sponsored tweets with my brand new Twitter a/c @thinkwithsatish

I got 2000+ followers in matter of days using twitfever.com. This is an online tool designed by Daniel Scocco of DailyBlogTips.com.
I suggest you to visit the website(even if you don’t want), and signup for the newsletter there. You will get a valuable Twitter course for Free.

sponsored-twitter-bird

Sponsored Tweet Service:
There are lot of websites which promise to make you rich, but never show up with a sponsored tweet again! I personally tested many of these websites(with my unofficial Twitter a/c @thinkwithsatish ) and here are some of the websites, from where you will get maximum value for your tweets(will add more websites to the list, after testing and retesting).

1. Adly: Calculates and shows how much you can expect to earn from 1 tweet.
2. SponsoredTweets
3. My Likes: This one is for most of us. You get a list of sponsored tweets, you can select the one you like, and tweet it or post on your blog. And you will receive money when someone clicks on those sponsored ads. Simple. The advantage is, even people will small number of followers can also participate and make money. Now the exciting thing! Payouts are fixed to as low as $2. Yes, you read it right. And the payment will be made once in a week i.e., on each Friday. You can almost get paid each week.

There are many more such services, but I suggest not to get distracted with any low paying services. Use only those services which you think will satisfy your followers and your pocket! ( I mean, provide best value to your tweets. )

All these websites have a market place where advertisers will select a particular group of twitterers to spread their message. In order to get more sponsors you need to maintain a good conversion rate stats, otherwise you will not get more sponsors. If you think of long term, then engage your followers and make sure that your tweets get some attention(in the distracting busy timeline of your followers).

And make sure to enter the interest area of the sponsored tweets(using keywords), so that only those tweet requests which you think would be a best suit for your target audience/followers will show up to you.

Caution: At times, when you start getting more sponsors, hence more money out of your Tweets, don’t be tempted to go the spammers way to make money. Stick on to your policies and make sure that you don’t annoy your followers by endorsing crap product/service.

A single rule of thumb be – “Provide Value to Your Followers.

Disclaimer: I am not using my official Twitter a/c( @technotip ) for tweeting sponsored ads, thinking that it may disappoint my followers. As I said above, I used a brand new Twitter a/c( @thinkwithsatish ) to test all these. So using the above services is solely at your discreet.

Privacy Policy — Visitors please read

Here are the list of things which we expect to be followed by all our visitors, to maintain a healthy environment.

Update:
* Google, as a third party vendor, uses cookies to serve ads on our site.
* Google’s use of the DART cookie enables it to serve ads to users based on their visit to our sites and other sites on the Internet.
* Users may opt out of the use of the DART cookie by visiting the Google ad and content network privacy policy.

1. Please use comment section to get involved in a particular discussion.

2. Don’t use abusing language. This will hurt your online reputation. Please respect other commentators and have a good interaction.

Comment mainly for exchange of ideas and to gain knowledge. Don’t just comment to get link back.
Read the post before commenting.

3. We have purposefully not placed any advertisements inside the post, as we consider good user experience  as our primary goal, than making money through advertising.

4. Most of the popular sites have placed CPM(Cost Per 1000 Impression) ads below the comment section, which gets a very little visitors attention. But still the ad generates good revenue, as it is a CPM ad.

But we have not placed such ads also, just to make sure that our website loads faster (again, to make our visitors experience great).

This does not mean that we are not bothered about the advertisers. We are also concerned about the advertisers. All the advertisers advertising on this blog should get value. Think yourself as an advertiser. And your ad is an CPM ad. Now will you be happy to pay for showing your ad in some corner ( which draws no/less user attention) ?

Such an ad campaign would be a loss at the end of the day, with no conversion.

So we have placed limited number of ads and are placed in places which are hard to go unnoticed, but still does not interrupt reading the post.

5. I do not, I have not and I will not link to anyone in my posts in exchange for money or other incentives.

6. I enjoy this blog. I enjoy writing in this blog. And I would love to help all my readers. Actually this is the main purpose behind this blog.

7. We have implemented language translation tool in this blog, so utilize it, if you are not comfortable with English.

8. If you want to quote from Technotip.org, then quote only excerpts ( as it is in our article ), and give a credit link to the exact article above or below your post(Don’t just link to the homepage).

9. Print media’ s must contact me before reprinting the article. Point number 9 also holds good for print media.

10. We consider plagiarism very seriously. And we know all the measures to handle with such issues.

*. And please do not block the advertisements in this blog, using any softwares, scripts etc. Just read the contents you like. Blocking ads will not give value to advertisers and advertisements are the primary source of income to maintain this blog, to host this blog, to take care of all the expenses in the way of blogging.

Note: This policy is subject to change/update at any time, and changes made will be effective immediately.

We have left the comment section even to this page….Just because to get your opinion/feedback about our policies.

And please tell us for any other good policy, which must be added or which must be removed from our list..