How to Verify PayPal Account with HDFC NetSafe VCC (Virtual Credit Card) in India

Tuesday, October 19, 2010

 One can verify his Paypal account by linking and verifying a valid credit card or debit card.Verified Paypal users get a number of advantages including unlimited funds withdrawal to bank account or credit card, unlimited funds transfers to any Paypal user and more while unverified Paypal user accounts are limited where they can withdraw or send a maximum of $500 every month. If you want to keep your Paypal account in good standings and make unlimited number of transaction, you should link a credit or debit card to your Paypal account.

Users from India might face problems in linking and verifying a credit card since many of us don’t have got a credit card yet. On the other hand, users can’t use their debit card for verificationpurposes since most debit cards in India don’t not meet the international debit card standard format.
Paypal Verified AccountHowever, you can verify your Paypal account easily if you have got a HDFC bank account. HDFC bank customers can take the advantage of HDFC NetSafe VCC to verify Paypal account. HDFC NetSafe VCC (Virtual Credit Card) is a temporarily generated credit card that can be used online to buy products, pay bills in a secure environment and do all kind of online transactions. You can load the VCC with any amount you want (amount to the card will be credited from your HDFC bank account) and can be used for one time only.
Verify Paypal Account using HDFC NetSafe VCC in India
Before you proceed, you need to know how to create VCC using HDFC NetSafe. Once you have created a HDFC NetSafe Virtual Credit Card, you can proceed to use it for Paypal account verification purpose.
  • Login to your Paypal account
  • Click on Get Verified (check below screenshot)
  • Paypal Get Verified HDFC NetSafe VCC Details
  • Fill out the form in the following manner (Check the screenshot on the right hand side):
  • First Name : Enter your First Name
    Card Type : Select Visa
    Card Number : Enter the Virtual Card Number
    Expiry Date : Set the VCC expiry date
    Security Code : Enter CVV2 number
  • Enter Virtual Credit Card Details
  • Click “Save” and “Continue”.
Now you have successfully added the VCC card details to your Paypal account. But you have to verify it in order to show Paypal that you actually own this card and lift all limitations from your account.
Once you link a credit card, Paypal charges some amount to verify if you have access to card details or not. When Paypal charges the credit card for a small amount of $1.85, it leaves a four digit verification code in the merchant details. You need to get the four digit Paypal verification code in order to activate the linked card.
If you had actually verified the account using a credit card, you would have seen the four digit verification code in your credit card statement. But since HDFC NetSafe does not provide any statements, users fail to verify the linked Virtual Credit Card details. Here comes the tricky part, follow the below steps to find out the four digit verification code from HDFC NetSafe VCC.
  • Login to your HDFC NetSafe account
  • Click on “All Accounts/Service”
  • netsafe all accounts services
  • On the next page click on “Txn Details” (stands for Transaction Details)
  • HDFC NetSafe VCC Transaction Details
  • Find the 4 digit Paypal verification code under the “Merchant” column
  • HDFC Netsafe Transaction Details
  • Note down this number.
Now since you have got the four digit Paypal verification code, let’s proceed to the Paypal interface to activate the linked card.
  • Login to Paypal account
  • Click on Get Verified link again
  • Enter the four digit verification code in the box next to Paypal Code
  • Enter Paypal Verification Code
  • Click on Submit button
  • You will see Your Paypal Account is Verified greeting message
  • Verified Paypal Account
  • You are done.
That’s it. You have just verified your Paypal account using HDFC NetSafe Virtual Credit Card. Enjoy the unlimited withdraw and money transfer features now.

How to Create VCC (Virtual Credit Card) Using HDFC Netsafe


Virtual Credit Card is like any other credit card that can be used online to pay bills, do shopping and more. HDFC Bank allows all it’s customers to use VCC online to keep control on the expenditure, prevent online frauds and have complete control on the funds. Since one can select the amount of the card, expiry period and the multiple usages such as to verify Paypal account, pay bills and shop online, it’s getting popular day by day. And yes, before we move ahead, you need to have a bank account with HDFC Bank with some funds in it.
HDFC Netsafe generates virtual credit cards upon user requests. VCC contains the 16 digit serial number, expiry date and 3 digit CVV2 code which is the globally accepted credit card format. Let’s know how to generate virtual credit cards.
HDFC Netsafe VCC CardsCreate VCC using HDFC Netsafe
  • Navigate to HDFC Netsafe website and login with your details (If you don’t have a Netsafe account yet, create one)
  • Enter an amount that you want the VCC to be loaded with >> click Go
  • HDFC Netsafe will automatically generate one Virtual Credit Card for you with the previously entered amount
  • Take a note of 16 digit VCC number, expiry date and CVV2 code
  • You are done.
The generated HDFC Netsafe VCC will be valid for 24 hours while you can cancel it anytime within the said period. You can create several Virtual Credit Cards at the same time and use them for online usages.

Withdrawing Funds from Paypal to Any Bank Account in India


Paypal, the most secure way to do transactions online without revealing credit card details, allows users to withdraw money to their Indian bank accounts. If you have got funds in your Paypal account and want to withdraw it to any bank account in India, you can request for a process of fund withdrawal and the money should get deposited in your account within 7 business week. Paypal deducts a small fee of Rs. 50 if the total withdrawal amount is less than 7000 INR.
Before fund withdrawal, you need to add a bank account to Paypal. Once you have added a Indian bank account to your Paypal account, you can follow the below steps to request for a fund withdrawal.
  1. Login to your Paypal account
  2. Click on Withdrawal under “My Account” tab
  3. Paypal Funds Withdrawal
  4. Click the first option which says “Withdraw funds to your bank account”
  5. Withdraw Paypal funds to Bank
  6. Enter the amount to withdraw and select a bank account (if you have added more than one bank account)
  7. Withdraw funds to your bank account
  8. Click Continue to proceed to the final step
  9. Paypal will display the withdrawal amount in your local currency
  10. Click Withdraw to complete the withdrawal process
  11. You are done.
Now you should relax and wait for a couple of days. Normally it takes 3-4 days to get the fund deposited in your bank account. However, the time may vary from bank to bank, SBI takes an average of 4 days to complete the process while Karnataka bank completes the process within 2 working days. Also be cautious enough to provide the accurate informations such as bank details, account number, IFSC code etc, else the amount will be returned to your Paypal account and a return fee will be charged.
You need to verify your account using a credit card / debit card to make unlimited fund withdrawals, else the total withdrawal limit will remain $500 per month.