Malaysian/International user can withdraw money from PayPal
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!
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Comments
You can also use AmBank Next G card which can get 7-11 outlet (I was told).
I went to check out from the PayPal sites and confirmed that not just Malaysian can withdraw.
This option is available for 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.
MOL Freedom can no longer be used. Refer to my blog for full updates about it.
try to use foreign bank visa card… sure can work one…
atm card debit prepaid…
Good post. I am looking into these issues on my blog….
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