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How to Pay Someone in India?

Discussion in 'General Business' started by swoop, Jan 12, 2006.

  1. #1
    Hello Everyone!

    I need to send a dollar (US $1.00) to someone in India who has a bank account but no credit card. He says he can't receive funds via PayPal because he has no CC.

    He suggests a wire transfer, which probably costs quite a bit. I may want to send him added funds in the future if a business venture works out well, but for now the balance due is just a dollar.

    How can I reasonably do this transfer?
     
    swoop, Jan 12, 2006 IP
  2. Nemanja_nq

    Nemanja_nq Peon

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    #2
    huh, if someone know something better then this, he is a very informed dude:
    http://www.moneybookers.com

    He can make wire transfer from this service and you can pay with visa for example. Great service.

    Great way to transfer money in "far away" countries.

    regards,
    Nemanja
     
    Nemanja_nq, Jan 12, 2006 IP
  3. amitpatel_3001

    amitpatel_3001 Results Follow Patience

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    #3
    How bout this?
    You pay me by paypal.
    I pay him in India by Money Order which costs me 5% Extra.
    No probs for that.
    :)
     
    amitpatel_3001, Jan 12, 2006 IP
  4. Discreet

    Discreet Guest

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    #4
    Why the heck would you only want to send $1 to India?.
     
    Discreet, Jan 12, 2006 IP
  5. Johnburk

    Johnburk Peon

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    #5
    Johnburk, Jan 12, 2006 IP
  6. dcristo

    dcristo Illustrious Member

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    #6
    I've used Ikobo.com previously without a hitch, unsure if they accept payments in India though.
     
    dcristo, Jan 12, 2006 IP
  7. swoop

    swoop Active Member

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    #7
    Ikobo.com looks the best so far for my purpose. They issue a prepaid Visa debit card worth $7, for $10. The cardholder is hit with numerous fees monthly maintenance fees, ATM, etc.), but if you spend all the money at a store within a month there seem to be no fees.

    There is a shipping fee of unknown amount. You can reload the ikobo card over the web from your own credit card.
     
    swoop, Jan 14, 2006 IP
  8. diddie

    diddie Peon

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    #8
    send a paper $1 inside a letter
     
    diddie, Jan 14, 2006 IP
  9. shahab6

    shahab6 Well-Known Member

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    #9
    Don't waste your time with $1
     
    shahab6, Jan 14, 2006 IP
  10. ly2

    ly2 Notable Member

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    #10
    all you have to do is signup at http://scriptlance.com for an account(its free) and then you can transfer money to other scriptlance members via paypal. scriptlance plays as the middle man, not sure what they use to pay the people on the other end, western union perhaps? But thats what i do when someone lives in a no paypal country.
     
    ly2, Jan 14, 2006 IP
  11. AfterHim.com

    AfterHim.com Peon

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    #11
    Seriously...why even send a dollar?

    A stamp will cost you 39% of that.
     
    AfterHim.com, Jan 14, 2006 IP
    vishwaa likes this.
  12. swoop

    swoop Active Member

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    #12
    In the US and Western Europe, a dollar isn't considered to be very much money. In India, the average family income is about 100,000 Rupees a year, or $2000 per year. So, in his terms, I owe this fellow the equivalent of about ten dollars. This is an amount which most Americans would want to collect and not just let slide.
     
    swoop, Jan 15, 2006 IP
  13. sji2671

    sji2671 Self Made Mind

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    #13
    I use www.remit2india.com for sending money to India and they seem the most efficient to date for my needs but its usually around $100+.

    I had a few bad experiences with moneybookers when money went missing and my emails/phone calls were ignored for around 4 weeks.
     
    sji2671, Jan 15, 2006 IP
  14. khudania

    khudania Well-Known Member

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    #14
    1 USD is around 44 INR and thats not a big amount at all, any DP member from that particular area will settle it for you. Can you tell me which city does he belongs to ? Is he in Mumbai, if yes, I will pay him on your behalf via a check on to his bank account number.
    And yes, you need not pay me anything for this :)
    For larger amounts, our friends in US use
    www.remit2india.com
     
    khudania, Jan 15, 2006 IP
  15. poseidon

    poseidon Banned

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    #15
    Hmmm.. I am not sure about the average indian pay scale being USD $2000 :D techie earns far far more than USD $2000 and also tell that indian guy(who I am sure is a noobie) that paypal DO pay to indians via cheque. They will charge USD $5 for making that cheque so sending USD $1 is waste of time and effort and seriously INR 44 is nothing :roll:

    And such people who are working for USD $1 are bringing the market down :mad:
     
    poseidon, Jan 15, 2006 IP
  16. khudania

    khudania Well-Known Member

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    #16
    khudania, Jan 15, 2006 IP
  17. ramakrishna p

    ramakrishna p Notable Member

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    #17
    Anyone can tell me what % is paypal is charging as a transaction fee? I hope Saving account (Debit Cards) will not be accepted by paypal. One must have credit card to have a transaction with paypal. Iam not aware of annual fees for holding a credit card for this purpose.
    As per my experience Client's prepare to pay their dues and transaction through paypal channels. This provides an easy way of transaction records to update their day to day transactions records.
    Any Indian Member of DP who is familiar to the paypal transaction can please explain Charges for holding credit card and percentage of transaction fee that pay pal charges?
     
    ramakrishna p, Jan 15, 2006 IP
  18. shankey

    shankey Banned

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    #18
    Hey there is no annual fees for using the credit card and paypal takes 4% as a tranfer fees form paypal to paypal.
    and as far as i know paypal only send chaque to india and it will charge $5,and this will take around 20-25 days
     
    shankey, Jan 17, 2006 IP
  19. toughguy

    toughguy Well-Known Member

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    #19
    Hi,
    U can try Western Union Money trasfer or moneygram..

    Thanks,
     
    toughguy, Jan 17, 2006 IP
  20. oslocal

    oslocal Peon

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    #20
    so why are u send $1? i recommend just a letter, thats probably the cheapest way. Try some online banking site of your local banks, i now that with my australian 1 i can send money almost anywhere for free:)
     
    oslocal, Jan 17, 2006 IP