How to Receive Money From US in India Using Google Pay

0
35
How to Receive Money From US in India Using Google Pay

Google Pay lately began supporting funds from the US to India. Essentially what which means is now you can ship cash to your mates and kinfolk in India instantly by way of Google Pay, which ought to make the method quite a bit simpler. So, for those who’re seeking to ship cash to somebody in India out of your Google Pay US account, right here is find out how to obtain cash from US in India utilizing Google Pay.

Send Money from US to India with Google Pay

Here is what it is advisable to do as a way to ship cash from US to India with Google Pay.

  • Search for the individual you need to ship the cash to, and faucet on ‘Pay’.

search for person and tap pay

  • Now, choose both Western Union, or Wise. These are the 2 cost corporations that Google has partnered with for this characteristic, so you’ll have to use them for sending cash overseas.

choose western union or wise

  • Once finished, you possibly can merely enter the quantity you need to ship, and observe the steps on-screen to finish cost.

Google Pay vs PayPal

PayPal is without doubt one of the hottest methods to ship cash between international locations. The platform provides straightforward methods to ship cash based mostly on present market change charges, and funds are often prompt. So it’s attainable that you just’re questioning whether or not it is best to use PayPal or Google Pay for sending cash from US to India. Let me simply define some key variations between how PayPal works vs how Google Pay works, so you possibly can come to a greater, knowledgeable determination.

  • Transfer Speeds and Accounts

Google Pay and PayPal each boast of just about prompt transfers. However, whereas Google Pay merely makes use of your telephone quantity, PayPal requires an account for each the sender and the receiver.

Either method, there’s the next probability that the individual you need to obtain cash from has a Google Pay account.

Obviously, as a cost service you’d anticipate such worldwide transfers to have some costs alongside.

According to PayPal’s fee calculator for sending cash to India, if you wish to ship $500, the payment charged can be anyplace between $4.99 (if cost is made by way of PayPal steadiness) all the best way as much as $15.49 (for debit and bank card funds). That’s a number of additional dough to be shelling out.

paypal international transaction fees

Note: The charges varies based mostly on the quantity you’re sending. For excessive worth transactions, similar to $1000, PayPal reveals $0.00 charges for funds by way of PayPal steadiness or checking account, however $30.49 for funds made by way of Credit and Debit playing cards.

On the opposite hand, Google Pay is providing free transactions from immediately until June 16 for brand new customers sending as much as $500. Obviously after June 16, you’ll have to begin paying transaction charges.

That’s the place issues will get difficult, as a result of Wise has a a lot larger charges. According to its transaction fee calculator, if you wish to ship $500 to India, Wise will cost $8.86 as charges; virtually twice that of PayPal’s.

wise international transaction fees

Still, no less than till June 16, I’d advocate you make the most of the free service that Google Pay is providing, after which you possibly can choose and select which ever service you need to proceed utilizing. If nothing else, it can find yourself saving you on transaction prices until June 16.

Send Money from US to India with Google Pay

In my opinion, Google Pay bringing this new characteristic to customers in US is a reasonably strong transfer. The characteristic will make it simpler for customers to ship cash to their family and friends in India, and no less than till June 16, will probably be utterly freed from added prices. So what do you suppose? Will you employ Google Pay for receiving cash from the US, or do you might have a special cost platform that you just favor? Let us know within the feedback.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.