Another good news to international users and Malaysian specifically who actively running online businesses and making money online. After withdrawing Adsense earnings via Western Union was introduced recently, Paypal took turns by adding a new option to withdraw Paypal fund; that's via local credit cards or debit cards which have Visa and Mastercard logos on them.
Previously Paypal users need to use debit card like VMI card to withdraw their funds. This new option is way much better than the previous method because the cards are recognized, hence reducing the risk of getting their account frozen. For each transaction you will be charged $5 with minimum withdrawal $10. Daily maximum withdrawal is $500.
Take a look at your Paypal account and let's hope every country has this option.
Technorati Tags: withdraw paypal funds, credit card, debit card, Visa, Mastercard
Oct 1, 2007 at 08:52:57
good info for newbie like me. i can try regiter with paypal and buy a debit card ;)
Oct 1, 2007 at 09:16:42
Yes you should :)
Oct 3, 2007 at 16:59:18
Nice infor! Will try it when paypal got some $$$$ inside! Have a nice day!
Oct 5, 2007 at 09:53:43
pakai debit card pn nice..lebih kepada cam atm bese..klu kredit kad tue..not surelaa..takut nnti die byr trus kepada outstanding balance kite.
Oct 17, 2007 at 11:41:19
Hello Rammel Firdaus,
I have spent sometimes (in fact more than 3 hours) just complied the list from varies bloggers experiences on PayPal withdrawal.
The summary list will be able to help you and your readers know the big picture on which are the cards able to withdraw PayPal fund.
Please let me know if any updates you like to contribute and I hope you will be benefits it.
Check out the PayPal Announced The Official Guide on Debit Card Withdrawal Features full post from my blog.
Thank you.
May 1, 2008 at 01:34:23
Paypal is the most recognised form of payment but i don’t truly believe that it protects anybody apart from themselves