The safest and most convenient way to transact money or shopping online is Paypal. It has been oldest and trusted payment system globally. There are millions of people from each country use Paypal. It helps to make or receive payments from overseas as well. All you need is to open Paypal account and link an Indian bank account to it, and start doing international transactions and shopping with the account. There are several Indian banks which we can linked up to our Paypal account. Let’s check out here about the major Indian Banks, which supports Paypal.
10. Standard Chartered Bank
The British multinational banking and financial services company, Standard Chartered PLC is headquartered in London. The bank accepts international card transactions through Paypal, using Credit as well as Debit cards. Paypal user can add the account from this bank as well to make payments and do shopping.
9. IndusInd Bank
Founded in 1994, the Indian new generation bank, Indusind Bank is headquartered in Mumbai. The bank is specialized in retail banking services with latest technology. The bank has tied up with Paypal, and gave the opportunity to give a service of online international transactions to its customers. Credit and Debit cards are acceptable in Paypal service.
8. Federal Bank
The Federal Bank is the private sector bank, headquartered at Aluva, Kochi, in the state of Kerala. The bank was incorporated in 1931, as the Travancore Federal Bank Limited. These days, Federal Bank has gone digital and provides its customers online transactions through Paypal system. The bank has now linked with Paypal and users can use their Debit cards or Credit cards for overseas payments.
7. Union Bank of India
One of the largest Government owned banks of the country, Union Bank of India was established in 1919. The bank is tied up with Paypal service and it benefited to its customer for international transactions and payments. The account of the Union Bank can be added to the Paypal and use it for shopping and make/receive payments.
Founded in 1812, Citibank is the customer division of financial services multinational group, headquartered in Maumbai. The bank is linked up with Paypal service with using its debit card and credit card as well. The Citibank accepts card transitions, which can be done through Paypal. The Citibank account can be link up with Paypal through activation of international transaction services.
5. SBI Bank
SBI, The State Bank of India, is a government owned corporation bank of the country. The SBI Bank is an Indian international, public sector banking and financial services company. The Paypal users can use the Credit card of the SBI bank for shopping purposes. Since the SBI bank is the government owned bank, it is very safe to use the account and credit card with Paypal service.
4. HDFC Bank
The Indian banking and financial services company is HDFC Bank founded in 1994, which is headquartered in Mumbai. The Paypal users can link up the HDFC Bank’s Debit or credit cards which are chip based cards. It is confirmed that working in Paypal using HDFC Platinum Chip Debit Card and HDFC Bank Standard International Debit Card is easy and safe.
3. Kotak Mahindra Bank
Kotak Mahindra is a private sector bank of the country, headquarted in Mumbai. The Kotak Mahindra Finance Ltd. received the license from the RBI in 2003, to carry on banking business. The Kotak Jifi account with EMV chip based international Debit Card (VISA) is the best to use Paypal account for online international transactions.
2. Axis Bank
Axis Bank is one of the largest Indian Banks in the private-sector. Headquarter of the bank is situated in Mumbai, and was promoted in 1993. Paypal allows the users of Axis bank to transfer funds online from the account. The Axis Bank account holder can use Debit card as well Credit card of the bank. The International Transaction Activation is required to use Paypal as a payment system.
1. ICICI Bank
ICICI Bank is the largest Indian multinational banking and financial services company. It has the widest range of financial services which includes Paypal service as well. The safest way to link the Paypal account is through the Debit Card of this bank. The Bank also launches various offers which can be benefited in shopping for the Paypal users.