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 😛
Hi Sunny, welcome 🙂 Hahaha… Thanks for your input.
so how…? masuk already or not? damm kan cheong OK..
Not yet… So far credit card all very fast, but debit card… still waiting… latest will be Tuesday. If don have then fail lo… I guess…
May i know what is exchange rate (USD-RM)when withdrawing paypal to debit card? is rate referring to local bank(Alrajhi Bank)?
kenny, no idea yet because the money is not in yet.
i tried using the mol freedom card but cannot and the bsn matrix card.do they accept VISA card only?
daia, MOL cannot be used. So far only Visa. Mastercard does not allow it because it’s against their policies.
fail alrajhi… but 5xmom still using it…?
Wilson, only manage to go tru’ the first phase like us. She is still waiting for the money to go in and this one is not guaranteed yet. Summore we didn’t get our money at all even after waiting for 14 days. Might as well cancel the whole thing, if it really can be used, we should get our money quite fast just like Public Bank’s debit card.
Latest update: AceOne managed to withdraw the fund to Al-Rajhi Visa Debit Card successfully. I have update my blog about this good news.
I just opened a savings-i account with Al Radjhi today. Received my Visa debit card on the spot. So the moment i got home, i fired up paypal and added a new card… it was successful. Then i made this card my primary. But when i wanted to “Get Verified”, meaning that will make PayPal charge me $1.95 USD, it FAILED!
I called the Helpline at the back of my card: 1300 82 6000. They say that they are aware of the matter and working on it. Asked when will the resolve it… “We dont know exactly when”.
So does this confirms:
1) You can withdraw to Al Rajhi Visa from PayPal
2) Can make payments with PayPal to other vendors.. but
3) Just cant verify your card with PayPal
Can anyone confirm all of this please…
Hi Shankar, I’m not sure whether can be used to verify or not, logically should be able to. So far, I know that many of us don’t make it as our primary card. I also heard that you can’t use this card to buy things online. Most of us only use it for withdrawal.
to all, whoever wants to open an account with al-rajhi bank (in order to obtain the debit-atm card, kindly drop me an email at muhammad-hafez.musa@alrajhibank.com.my
i’m not sure what is paypal actually, but most of the customer who came to open an account (in order to obtain al-rajhi debit card) says it is for the usage of paypal. using al-rajhi card it works to their needs.
i try my best to assist u better, maybe u dont even have to come to the bank to open an account
i’m working with al-rajhi bank frontline as well.
hafez, 🙂
so nice…. promoting al rajhi here as well..
do u get commission, hafez?
Anyone know if the new Maybank Visa Debit works with PAYPAL? I haven’t received mine yet but would like to know if anyone has tried..
Thomas, hmm… Not so sure, never heard of anyone using it to withdraw.
For Malaysian paypal users , withdrawing cash from paypal account can only be done to Visa/ Visa’s debit card.. i think tunemoney.com ‘s visa debit card will work ..
Runcie, yes, only Visa can, Mastercard cannot.
bro..
i got Publick Bank Visa Electron (Debit Card). but unfortunately i cant add into my PayPal Account.
they said :-
This credit card has been denied by the bank that issued your credit card. For details on why your card was denied, please contact your credit card issuer’s customer service department. Or, you may want to try adding a different credit card.
can u help me to solve this problem?
Naiem, sorry, I can’t help you with this problem, only Public Bank can help you. Try to use other card. If other card is fine, means Public Bank might have blocked your card in suspect of fraud. Do check with Public Bank.
请问 Al Rahjhi Bank 的 Visa Debit Card 不能用来 verify Paypal account 吗 ?
only can be used to withdraw money to Bank account ? then, we need to use other credit card to veirfy our paypal account ?
James yes, you have to use credit card to verify, debit card for withdraw only
Can Pay pall verification card be done by mBB visa debit?
Kazuma, as I had replied James, No you can’t. You have to use credit card to verify, debit card for withdraw only.
Paypal changed policy alredy maa… NO MASTERCARD Can Withdraw Funds from Paypal anymore. I successfully used EON Mastercard to verify my account, but then Paypal asked me to add a new card WITH VISA LOGO to withdraw funds….. 🙁
todayeye, I thought all these while they don’t allow withdrawal with mastercard, can verify but cannot withdraw, only can use visa to withdraw.
“Thomas // Sep 25, 2008 at 2:23 pm
Anyone know if the new Maybank Visa Debit works with PAYPAL? I haven’t received mine yet but would like to know if anyone has tried..”
I’ve got same question, has anyone tried the new card yet?
James, which card? Maybank Visa Debit? Debit card cannot use to verify, can only withdraw.
Forget maybank visa debit as they will stop the transaction as they believe it’s money laundering.
Better get Al Rajhi, citibank, PB debit cards. It would be best if you have Al Rajhi Visa debit cards and no fee will be billed.
Shaffir, wah is it? Thanks for sharing.
this is very good new’s to us.
so what about publicbank atm visa? it have a visa logo on all new atm card now.
i got a friend withdral his money from paypal.. something like $30+ us to his pbbank account, next day his paypal get banned…lolz how can we help him to get back the paypal account?
jcng08, to get unban from paypal, just ask him to contact paypal for help. He will be required to fill in some forms and fax to them.
I’m not sure the ATM card can be used or not, if it can be used just like debit card then it should be fine but the best card to us is from Al Rajhi, never got problem at all.
OK. This is good. Thank you. Have a nice day.. 🙂
This is good! Thank you. I love you.
u’re welcome.