Many Malaysian make money bloggers wrote about this too if you do read their blogs. Basically, what this means is Malaysian PayPal user can withdraw MONEY now.
In case you don’t know, PayPal did not allow Malaysian to withdraw money out. But previously, there’s another method for Malaysian to withdraw money with a VMI card (some ATM card). Applying for the card takes time. I don’t have a VMI card though.
Well, it’s actually transferring money from your Paypal account to you credit card. I believe many of you do own a credit card, Mastercard, Visa or whatever. So, this new feature from PayPal allows you to withdraw money straight to your credit card and then either you withdraw it out from the bank or just spend it with your card.
Some credit card in Malaysia occur some problem in the process of withdrawing money, some success. So not 100% all the credit card support this service yet. I don’t know why.
Here’s a list of credit card that support :
- Al Rahji Bank Visa Debit Card
- EON Bank MOL Freedom Prepaid MasterCard
- Public Bank Credit Card / Debit Card
Not working :
Ok, I myself don’t have a chance to try the withdrawal because I don’t own a credit card. My PayPal has little fund only, so it’s not the time for me to withdraw money and 1 more thing that is PayPal only allow maximum $500 withdrawal per day. So, when I make more money, then I’ll withdraw it out and spent on whatever thing I like.
This apply to International PayPal user too. So have fun with you money!
