PayPal Malaysia Guide For Online Business

PayPal is the most important element of having a successful online business, especially if you are selling to an International crowd. Recently, we launched the PayPal Malaysia website where you can get step-by-step tutorials on how to use PayPal for your online business.

paypal-malaysia

Here’s what you will learn via our video tutorials (in Bahasa Melayu):

  • How to create and verify your first PayPal account
  • How to top-up your PayPal account with Malaysian banks
  • How to add a credit card and verify your PayPal account
  • How to make online purchases with PayPal
  • How to send money via PayPal
  • How to withdraw your PayPal money to Malaysian banks
  • How to create a PayPal Buy Button to accept payments online
  • How to create and manage invoices with PayPal
  • PayPal Limited Access – how to prevent it or solve it
  • How to contact PayPal

You can also see the list of PayPal Malaysia tutorials for a complete list of videos. There is also an affiliate program if you want to promote this from your blog or website.

To signup as a member, go to PayPal Malaysia.

How to Create a PayPal Payment Button or Link

Learning how to create a PayPal payment button or link using PayPal’s Website Payment Standards is perhaps one of the most basic things you need to master if you want to make money online. After all, why bother with advanced stuff like SEO and copywriting when you don’t even know how to collect money?

There are some advantages to using PayPal’s payment buttons:

  • It’s easy to do and you don’t need any additional software
  • The money goes directly to your PayPal account via a secure page
  • You can also collect payments via credit card if the user doesn’t have a PayPal account

I tried searching for tutorials on how to create a PayPal payment button but wasn’t satisfied with what I found. So I decided to create my own tutorial.

To setup PayPal buttons and payment links however, you need to have a Premier or Business account. You cannot do this with a personal account. However, you can upgrade from a personal account to Premier / Business at no cost. The only difference is that you will be paying a higher fee per transaction.

Setting Up Your Product and Pricing

The first thing you need to do is enter your product name and pricing details. Just login to your PayPal account and click on Merchant Services. Then, click on Website Payment Standards.

PayPal Payment Button

Next, select which type of payment you need. If you’re selling a single item (for example an ebook) then you only need to choose the Sell Single Items button. If you’re selling recurring products (like a membership site), then you can choose Offer Automated Payments. For this example, just select Sell Single Items.

PayPal Payment Button

Next, enter your product name and product price. If your product has an SKU number or reference number, you can enter that as well under Item ID.

PayPal Payment Button

If your product has a shipping fee or a tax rate, you can enter that as well. PayPal gives you the option to accept payments to your PayPal email address or you secure merchant account ID. I recommend choosing the merchant account ID option for better security.

PayPal Payment Button

Setting The Return URL to Your Website

To automate the deliver of your product, you must have a “Thank You” page on your website where customers will be redirected to once they have made a successful payment. The “Thank You” page should contain the product download links (for digital items) or instructions on what to do next.

PayPal Payment Button

Make sure you enter the correct thank you page URL for completed payments, and your website’s product page URL for canceled payments.

Getting The PayPal Payment Button or Link

The final step is to get your PayPal payment button code. You can just copy this code and paste it into your website’s salespage. The PayPal “Buy Now” button will appear on your site, and users can click on that button to be taken to the payment page.

PayPal Payment Button

However, if you already have a different payment button or if you want to get a link to be included in your emails, click on the the Email tab and you will see a link like this:

PayPal Payment Button

This is the direct payment link that you need to put on your salespages. Make sure you copy and paste the URL exactly as it is, or the payment link will not work.

If you’re planning to open a complete e-commerce store however, creating PayPal payment buttons for your entire product line is way too tedious. Instead, I recommend you try the BigCommerce shopping cart software. It comes with a complete e-commerce store, templates, and built-in PayPal payment system.

If you’re from Malaysia and want to learn how to use PayPal, here’s the best place to get video tutorials: PayPal Malaysia

RHB Malaysia and PayPal Integration Is Great News for Malaysian Internet Marketers

paypal-rhb-malaysia

Since 2007, Malaysian Paypal users have been able to withdraw funds to their debit card. Last year, PayPal added the ability to withdraw PayPal funds to Malaysian bank accounts.

However, the only way you could add funds to your account was via a credit card / debit card or by accepting payments from other PayPal users. This posed a few problems for Malaysians who did not have a credit card, as they have no backup payment system to be used with PayPal.

Recently however, PayPal announced their “exclusive” deal with RHB bank that allows you to connect your RHB bank account to your PayPal account. Therefore, you will be able to add funds to PayPal or make payments from PayPal using your RHB bank account. There is however an RM3,000 daily limit and fees:

  • For transfers in Ringgit Malaysia (MYR), you will be charged MYR1.00 per transaction.
  • For transfers in other currencies than Ringgit Malaysia (MYR), you will be charged MYR8.00 per transaction; the currency exchange rate used to convert the remitting funds from Malaysian Ringgit (MYR) into your selected foreign currency will be higher than the Bank’s applicable rate.
  • If you are sending money to a non-Malaysian registered PayPal account eg. PayPal account in U.S. or Australia address, your PayPal account may be charged with cross-border fee which is subjected to PayPal’s User Agreement

According to the PayPal blog post:

To send money, RHB customers need an Internet banking account, but do not need a PayPal account. The receiver can deposit the money into his PayPal account or open a new PayPal account to receive the money. RHB customers can do more payment activities from their Internet banking site. They can split food bills, pay for informal services like housecleaning, pay monthly rent or course fees and even send money to relatives abroad.

This new development is good as it allows more Malaysians to make payments via PayPal. But the “exclusive” deal would probably mean that other banks will not be having this feature, which sucks. Great for RHB, but ultimately not good news for you and me.

If you’re from Malaysia and want to learn how to use PayPal, here’s the best place to get video tutorials: PayPal Malaysia

PayPal for Malaysians – Selling Online

I forgot to mention that I recently started a contribution column for New Straits Times “Tech-n-U”, where I write about online marketing, ecommerce, social media, and a lot of good stuff you may find important.

nst-paypal

My first article, which was published last month, is titled “Selling Online with PayPal”. Although this is a very basic article, you may find the tips useful if you plan to use PayPal to sell products online.

Look out for my future article titled ‘How to Start a Blog for Your Business”. If you would like to suggest a topic for my next article in Tech&U, please do leave them in the comments below. Tech&U is published every Monday.

If you’re from Malaysia and want to learn how to use PayPal, here’s the best place to get video tutorials: PayPal Malaysia

Withdraw From PayPal to Malaysian Banks

PayPal malaysian bank

PayPal

Internet marketing and e-commerce in Malaysia will never be the same again. Now you can withdraw money from your PayPal account into your Malaysian bank. It will cost you nothing (FREE) if you withdraw more than RM400, and a small fee of RM3 for withdrawals below that amount. You can get your money within 2-3 business days.

Although you can now withdraw money from PayPal to your Malaysian bank account, you still cannot ADD funds to it by bank. You’ll still need a credit / debit card to do this. However, this is still major news for all Malaysian Internet marketers.

Now you don’t need a Singapore / US bank account, or any other back-door method of getting your money. If you’re from Malaysia and want to learn how to use PayPal, here’s the best place to get video tutorials: PayPal Malaysia

Malaysia Paypal and Clickbank Solution

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chapterm In our second teleseminar for all members, I cover the tricky topic of Paypal and Clickbank problems for Malaysians, in detail:

  1. How do I withdraw money from my Paypal account?
  2. How do I sign-up and use Clickbank as they don’t allow Malaysia?

Some of you may remember that in April 2005 I published a book called “Chapter-M”.

I’ve made a lot of money with that ebook, and so have many other people. However, it’s now 2008 and a few things have changed as far as Paypal and Clickbank is concerned.

Listen to the teleseminar where I address the main questions, please take note however that there are other methods that I have not tried and therefore I do not talk about it.

My wish is that all Malaysians would overcome these problems and stop asking the same question over and over again, but sometimes I think it will continue even after I reach 30 :)

UPDATE: Chapter-M has been discontinued. If you’re from Malaysia and want to learn how to use PayPal, here’s the best place to get video tutorials: PayPal Malaysia

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.

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.

If you have a debit card from local malaysian banks, for example AmBank or Southern Bank, you can use it too with your PayPal account. Actually any debit card that allows online purchase can be used, check with your bank first if their debit card meets that criteria.

If you’re from Malaysia and want to learn how to use PayPal, here’s the best place to get video tutorials: PayPal Malaysia

25 – 35 Subscribers a Day

What a hectic, rollercoaster week it’s been!!

Just completed a copywriting project for a client, and already I’m rushing off to create a promotion strategy for the upcoming Asian Internet Marketing Bootcamp.

The downpoint of the week is of course, getting my PayPal account closed by the jerks. I wonder why they call themselves that – they’re certainly not my “Pal”…

Paypal Sucks


Paypal sucks…
The upside is that I’m now getting 25 – 35 subscribers per day. Now I’m not a math genius, but if this streak continues:

* In one month: 30 X 30 = 900 Subscribers
* In one year: 900 X 12 = 10,800 Subscribers

Add to that the compounding effect, I’m expecting to see a subscribers list of over 20,000 by April 2007. That’s not taking into account any new projects I’m working on…

At least that puts a smile on my face. Damn you Paypal jerks…