Notice something in Paypal? This is a good news to all of us! We do not need Accent card, VMI card, E-trade or whatever anymore! You just need to use your credit card or debit card with MasterCard or Visa logo to withdraw your money!
Cool… They charge USD5 per transaction. At least it’s safer and under your control unlike those cards which I don’t really trust them untill now as I heard of many stories about account being suspended and all those torublesome processes that you have to go tru’ to re-activate your account though they got their accounts back still I hate going tru’ the whole process in case I’m that unlucky. This explains why I don’t apply for any untill now. Besides, I have ways to get my money from my Paypal without withdrawing it(top secret 😛 cannot tell you how hehehe…), also I don’t have that much fund in there so no point to withdraw also. You’ve probably heard a lot about Paypal yourself but may not be entirely sure what you think. If you are looking to purchase things online, perhaps you want to some electronic equipment then Paypal is a great thing to use. You’ll like the stability it offers you and how safe it makes you feel when you are buying and selling online.
See the screeshoots below…
When you click on “Transfer funds to your card”, you will be redirected to a page called “Withdraw Funds to your Card”. Withdrawals to your card must meet the minimum withdrawal amount which is USD10 (depends on the currency). If you are withdrawing to a prepaid card, the amount that you can withdraw might differ from your PayPal account withdrawal limit.
We tested it with Jimmy’s(for Chinese version) 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.
Since it’s first time withdrawal, card details need to be added. Debit Cards, Check Card, ATM Cards or Banking Cards are accepted as long that they have a Visa or MasterCard Logo.
Key in the value after you successfully added the card.
Then you will see the summary before you confirm the transaction.
It will take 5-7 business days. We will see how by then… By the way, you can only withdraw USD500 per day. I don’t have this amount of money per day hahaha… If I have… WOW! I’ll be a millionaire soon! 😛
Remember! Credit card version coming up! Hehehe…
You can also read about it at Paypal: Malaysians Can Withdraw Funds From Paypal Now! (Part 1), in fact I published it in Money Money Come before this blog 😛