Ask HN: How to receive payments from India for an international company?

Re:Ask HN: How to receive payments from India for an interna... by moh_maya on Saturday December 17, 2016 @08:09AM (#13200564)

Your customers may need to speak with their banks if they haven't requested activation of their cards for international transactions, since the transactions may be flagged otherwise. This is a simple call; shouldn't take them more than 5-8 min depending on the bank.

In addition, 2-factor authentication (2FA; Verified by VISA; Mastercard Securecode) is mandatory for debit card based transactions. I don't think that's the case for credit cards, but I wouldn't be surprised if, in either case, banks decline to approve transactions from payment processors who don't support 2FA --> so perhaps this is something you could check with your payment processor?

paypal: Many banks in India don't allow transactions with Paypal (perhaps because of concerns of paypal's compliance with Indian banking guidelines), so Paypal is hit or miss.

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Re:Ask HN: How to receive payments from India for an interna... by danieltillett on Monday December 19, 2016 @01:18AM (#13209786)

This activation process is limited to a small number of cards only and I can’t find out any information if company credit/debit cards can be activated or just personal cards.

I surely can’t be the first business in history to run into this problem?

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Re:Ask HN: How to receive payments from India for an interna... by webtechgal on Monday December 19, 2016 @02:58AM (#13210147)

AFAIK, all credit cards should work directly - whether company or personal. So far as debit cards are concerned, to the best of my knowledge, such cards are issued to company/business accounts ONLY if the business is a sole proprietor type. If there are multiple people operating a business account, no debit cards are issued. Thus, a business account debit card is essentially the same as that of a personal account.

HTH

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