Paypal Debit Card for Malaysians

withdraw-money-from-paypal3

 
I was away for more than 3 weeks, and incredible things have happened. The best news is that if you’re from Malaysia or any other country without Paypal-supported banks, you can now withdraw your money via Paypal’s debit card. Read more about Paypal debit card here.

Previously, the best way to do is was to get a US bank account, and withdraw your funds via the bank-issued debit card or via TT transfer. There have also been a lot of other “dodgy” alternatives that include anything from private debit cards and cash-for-Paypal trades.

This is indeed a good move by Paypal (finally), perhaps it’s because they realize they are not going to be the only ones competing for your online transactions.

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15 Comments »

Comment by AsiaPartTime
2007-10-03 04:53:04

That is a great news for Malaysian. Now, I can take up more opportunity offered in PayPerPost.

 
Comment by SeoTier Subscribed to comments via email
2007-10-03 07:38:40

Finally! I’m glad that PayPal finally allows Malaysians to withdraw funds from their account. Now, there’s no reason for someone not to start using PayPal for their online business :)

 
Comment by Rammel Firdaus
2007-10-05 03:42:13

Hi Gobala, thanks for the backlink. I appreciate it.

 
Comment by Lorna
2007-10-06 02:51:34

I have successfully (and may I dare say, the first to do so?) withdrawn my PayPal balance to my Citibank VISA credit card. I have the details in my blog. Needless to say I am SO happy, so now I’m doubling my online money-making efforts and putting up an PayPal e-commerce store very soon!

 
Comment by mymmu
2007-10-06 11:37:35

this is a great news! finally paypal is a great option for me :D

 
Comment by Steven Wong
2007-10-17 03:42:27

Hello Bala,

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.

 
Comment by Vincent Chow
2007-11-02 18:33:03

I was excited for a while, but no longer after reading the whole thing. Your title says “Paypal Debit Card for Malaysians”, and I thought PayPal is offering debit cards for Malaysians, but the fact is only they offer a withdrawing service. Mind editing the a little misleading title?

 
Comment by kenshin Subscribed to comments via email
2007-11-07 13:00:19

If you want to withdrawal the money from you Pay Pal account to your Credit Card then Pay Pal has made that possible in the following countries.

Argentina, Brazil, Bulgaria, Chile, Cyprus, Estonia, Gibraltar, Iceland, Indonesia, India, Israel, Italy, Latvia, Lichtenstein, Lithuania, Luxembourg, Malaysia, Malta, Philippines, Romania, San Marino, Slovakia, Slovenia, Turkey, UAE, and Uruguay.

Most of this countries have problem with the bank account so transferring the money to the Credit Cards comes as good news for them.

To withdraw funds from your PayPal account to a Credit, Debit, or Prepaid card, add a card with a Visa or MasterCard logo. Debit Cards are accepted only if they have a Visa or MasterCard logo

You can start your Pay Pal right away with $25 free that you will get when sign up on Widgetbucks


 
Comment by Jeremy Subscribed to comments via email
2007-11-11 14:46:14

just like a lucky star for a malaysian with paypal acc.

 
Comment by Chez Subscribed to comments via email
2008-02-26 13:30:43

Hi
I’m new to all this! Help!

Since PayPal now allows transfering funds to credit cards, how do we transfer that money from our credit card to our back account? Do we request the bank to ‘refund’ the excess amount in cheque back to us? Would they charge us for the service?

I do not have a debit card. Should I get a debit card at all or would a credit card be sufficient? If a debit card is more appropriate, which bank should I apply from? Gathering from all your posts, is Public Bank’s Electron card the best option? If I were to apply a savings account with Public Bank and open the online services, can I then transfer funds between the debit card and the savings account freely?

Chez

 
Comment by butterflower
2008-05-28 08:01:20

if i’m not mistaken if you use credit card the amount will be knocked off your balance. so you won’t get the money but you will owe the bank less. i’m not sure about the charge though. if the withdrawal charge applies, you’ll want to withdraw one huge amount instead of multiple small amounts. one way to get the cash out is to use your credit card at the atm the way you withdraw from the card. like you have used $500 from your credit card, you withdraw $100 (plus withdraw charge) you get $95 knocked off your credit so you owe 405 to the bank and then you withdraw from the card $90 (don’t forget you will be charged to withdraw cash from credit card)

*rates are not accurate. i’m just giving an example on how the whole thing should logically work

 
Comment by Noor Ariffshah
2008-06-08 13:44:36

I have a Ambank NEXG Mastercard Debitcard. With that debit card I can add fund to my paypal account, however I can’t use the card to withdraw. My advise is use the Public Bank Visa Debit Card for withdraw purpose.

 
Comment by novice Subscribed to comments via email
2008-08-18 15:33:11

I can’t add my al-rajhi visa debit card for withdrawal purpose, can anyone advise me?

 
Comment by MrBlade
2008-08-28 14:40:41

How to add funds to paypal?
need buy paypal form another member paypal?
can I add funds from debit card from malaysia bank?

thank

 
Comment by Jeremy Subscribed to comments via email
2008-09-05 05:55:05

add funds to paypal?
just let it deduct direct from your credit card

 
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