29Sep Paypal – Malaysians can withdraw
Wayne Liew pointed out to me Malaysians’ PayPal Dream Comes True and he heard it from Sweet Surrender Malaysians Can Withdraw Paypal Now! – Debit Card Version.
I immediately tried it with my UOB Mastercard but got a message that the card issuer bank (i.e. UOB) doesn’t allow it. Anyway, I have no intention of transferring my money to the credit card because LOL, that’s MY money. Credit cards are meant for me to spend and paid by the husband, doh!
So, I heard that Sweet Surrender managed to withdraw to a debit card :
We tested it with Jimmy’s Alrajhi Bank debit card that he got from applying for their current account. For the time being, we will test with debit card, when this transaction is completed and make sure that we got our money, we will test it with credit card.
Now, I wonder…..
Can I find a local bank which issues me a debit card and I just sit back and keep withdrawing to that bank? I have no intention of using my PayPal money so my current ‘arrangements’ suits me well. Just keep stuffing the money in my bank. I have an account with CIMB and will ask them more about this when I get down to open another FD. :)
Anyone with more information, please share!
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September 29th, 2007 at 6:12 pm
The next thing is, find the best debit card for withdrawing PayPal funds
September 29th, 2007 at 6:26 pm
If there is the best debit card, I would say Public Bank Electron but I don’t know whether it works with PayPal or not. I hope it does, anyway, hope Malaysians can make money easily and happily through blogging. :lol:
September 29th, 2007 at 6:29 pm
Does ATM card like Maybank bankcard work for it?
September 29th, 2007 at 6:33 pm
Kenny – It says there must have Visa or Mastercard logo. I am going to enquire from CIMB and see how.
wayne – Yeah, I hope someone with Public Bank debit card can try and tell us about it.
September 29th, 2007 at 8:07 pm
Hehehe… We have tonnes of credit cards(from 11 banks or more, kinda lost track how many credit cards he has) to try out, some how we decided to try with Alrajhi Bank debit card since we haven’t really use the card yet, at least this one got tru’ without problem so far. As for other debit card… We’ll just have to see how’s the result from others.
Oh.. Thanks for link back :)
September 29th, 2007 at 8:48 pm
no wonder i saw the option to withdraw to credit card just now…. hmmm
September 29th, 2007 at 9:35 pm
ermmm.. i’m gonna wait others people do it first… if it was announced “OFFICIALLY” from Paypal, then I will do it…
September 29th, 2007 at 11:18 pm
Paypal Malaysia, Philippines, Brazil users offered more withdrawal options
Paypal users in 26 countries can now withdraw their funds to their credit, debit or prepaid cards – so long the cards are branded Mastercard or Visa.
New today, PayPal now offers account balance withdrawals to Visa-branded credit, debit, or prepaid car…
September 29th, 2007 at 11:20 pm
Great lah..if we can use Public Bank debit card to withdraw. Does LiewCF have Public bank debit card ? Ask him to try lah…;D
September 30th, 2007 at 12:06 am
Why Paypal features in Africa are limited
A few years ago, there was no single country on the African continent where one could send/receive money online via Paypal. Not one. Then there was South Africa. A few countries were added, as most were later covered. Even now, all the African countrie…
September 30th, 2007 at 2:52 pm
[...] How about those cards that failed? 1. AmBank NexG Prepaid Credit Card 2. UOB Mastercard [...]
September 30th, 2007 at 11:55 pm
PayPal limits only US$500 withdrawal per day. So the US$5 charge could be significant if you withdraw the wrong amount.
Don’t withdraw to credit card because bank will charge you for advance money withdrawal from ATM using credit card even though the money is actually debited from PayPal.
Anyway, I like this :-
LoL…
October 1st, 2007 at 1:46 am
[...] Lilian and [...]
October 1st, 2007 at 1:48 am
Bryan – Yalor, cos the money I made from PayPal is much more than what I spent in my credit card. LOL, so let chettiar do the work first hor? I heard credit card charge a huge 5%. Die lor.
October 1st, 2007 at 1:33 pm
“Don’t withdraw to credit card because bank will charge you for advance money withdrawal from ATM using credit card even though the money is actually debited from PayPal.” from Bryan
This is a useful warning and information, thank you
October 1st, 2007 at 2:05 pm
This option is not only for Malaysia. I went to check out from the PayPal sites and confirmed on this.
In need this is a great news for Malaysians and 25 other Asia Pacific countries as well.
I have posted the details in my blog, you can tell you other friends who are in the countries list on the good news.
October 2nd, 2007 at 12:59 pm
I’m like you. I prefer the debit card option (if there is one). Credit card is for spending and to be paid by hubby. Hehe.
May 24th, 2008 at 11:26 pm
wow this is great. how bout the transaction charge?