Saturday, May 12, 2012

How to get verify your Paypal account with SBI VCC

In this article i am going to explain about the getting verify the paypal account of indians with SBI VCC facility.


PayPal is the safer, simpler strategy to pay and receives a commission online. The service allows anyone to pay in any means they like, including by credit cards, financial institution accounts, buyer credit score or account balances, with out sharing monetary information. Paypal now become a worldwide chief in on-line payment options with greater than 153 million accounts worldwide.

If you wish to earn cash from internet enterprise or make money on-line, you must have a Verified Paypal Account to receive money. As a result of many corporations pays through Paypal. Create a Paypal Account is Straightforward & FREE.

before to verify the paypal account with SBI VCC you need to create the VCC first.
follow this tutorial to create a new VCC through SBI Online banking

http://sbi-vcc.blogspot.in/2012/05/how-to-create-vcc-virtual-credit.html

create and note the VCC details

Step by Step to Create a Paypal Account :

  • Go to www.paypal.com and click “Signal Up”
  • Choose Your Country & Languange
  • Choose the account sort like Personal, Premier and Business. If you want to earn money on-line, I like to recommend you to choose Premier Account, cause Private Account has many limit.
  • Then fill your information within the form.
  • And you're requested to fill a bank card info for confirm this Paypal Account. If in case you have a bank card you may entered your 16-digit bank card, you will want to fill your EXPUSE number. Yo need to attend your EXPUSE quantity in your card’s transaction receipt. Once you obtained the EXPUSE quantity, enter it in your Paypal account to complete the verification.


  • Should you don’t have a credit card, you'll be able to skip this verification by uncheck the “Hyperlink Credit score Card” box. Observe you can still recieve funds even tough you didn't verify your account but you can by no means withdraw.
  • Please observe that your Paypal ID is your e mail addreas which enroll Paypal.
  • Confirm Paypal Account with VCC ( Virtual Credit score Card )

For those who don’t have a bank card to confirm Paypal Account, you should use VCC ( Virtual Credit score Card ) to verify your Paypal Account.

How to cancel or dispose State Bank of India (SBI) Virtual Credit Card?

In some cases you need to cancel the VCC which you created before.so follow the below process to cancel or dispose the SBI VCC.

To cancel your unwanted State Bank of India (SBI) Virtual Credit/Debit Card just log into your Sbi Onlinebanking account, Navigate to the SBI Virtual Card section and click on “Cancel Virtual Card” tab. Select the card to become cancelled and click on the “Cancel” button.



How to create Vcc Virtual Credit Card(Vcc) in Online with State Bank of India (SBI)

India's largest bank State Bank of India (SBI) recently launched its Virtual Credit Card or Debit Card service to facilitate secure and safe transactions for its customers. Here is a step-by-step guide to generate a SBI Virtual Credit Card for online purchases.


Earlier we have covered a tutorial on Virtual Credit Cards in India. Other Indian banks like HDFC Bank, ICICI Bank, Kotak Mahindra Bank and Axis Bank have already rolled out Virtual Credit Card services in India. State Bank of India (SBI) has now joined the list of banks offering virtual credit card (VCC) or virtual debit card facility in India.

Virtual Credit or debit cards allow you to keep your actual Credit card details and bank details confidential specially while shopping online.


How to Create or Generate Online State Bank of India (SBI) Virtual Credit Card


1. Login in your SBI internet banking (personal banking) account on OnlineSBI website.

2. Once you are logged in go to " Requests" tab.


3. In the left panel go to State Bank Virtual Card option.










4. Fill in the requisite amount. Note that Minimum amount is Rs. Hundred- and Maximum amount limit is fifty thousands . This means you can not have a virtual credit card with a virtual credit limit of more than Rs. 50000/-.




Once esure the amount or credit limit, Tick the check box to accept agreement and click on "Generate" button.



5. It asked to confirm the details.











6. Sbi will send One Time Password (OTP) will be sent to your SBI Internet banking registered mobile number. Enter that password that you received to your mobile in the next screen.












7. Now your SBI VCC will be created and ready for use. Now you can use it in online shopping.
















8. You can see status of your SBI Virtual Credit Card anytime by going to the "Virtual Card Details" tab. It will show you card status as Used, Unsued or Cancelled.








You may use SBI Virtual Credit card for all online transactions and purchases where VISA Credit/Debit cards are accepted.


You
can use it for internet shopping, online bill payments and online railways and movie ticket bookings.

This SBI Virtual Credit / Debit card is valid for 24-48 hours or till the transaction is complete.

Payment is debited
from your bank account only if you actually purchase something online using your Virtual Credit / Debit card not when you create the virtual credit card. Therefore there isn't any Loss in Bank Interest by generating and using SBI Virtual Credit card.