Withdraw Money from PayPal into Malaysian Credit Cards

Below are the criterias of a debit / credit card that are used for PayPal Withdrawal in Malaysia:

1. Only cards with the VISA or AMERICAN EXPRESS logo are allowed for PayPal withdrawal. MASTERCARD is not allowed.

2. The cards must be verified or confirmed.

The minimum withdrawal per day via the card is US$10 while the maximum withdrawal limit can go up to US$500 per day. Each withdrawal will incur a US$5 charge and PayPal takes 5-7 working days to completed the transfer.


Below are the debit cards that can be used for PayPal withdrawal in Malaysia:
1. Public Bank Visa Electron Debit Card
2. Al-Rajhi ATM Debit Card
3. UOB ATM with VISA Electron


You may also withdraw your PayPal money using your credit card. However, Bank Negara limits the withdrawal availability to only International Banks like HSBC or Standard Chartered Bank.

There is one reader named Shemah shared that even if you don't have an International Bank's credit / debit card, you can still withdraw your PayPal money via a VMI card. All you have to to is to purchase a VMI card, activate it once you have received it. Then withdraw your PayPal amount into this VMI account. Once it is done, you are able to withdraw the money via any ATM machines with Cirrus logo.

Internet Marketing Is All About Patience & Persistence

I just browsed through an online blog by one of our fellow Malaysian internet marketer. There is one comment saying that "Internet Marketing is about patience and persistence, No hype, Spam or Scam!". Good saying indeed!

With PayPal now opens to Malaysian registration, I hope all Malaysian may make full use of this privilege without abusing the long-waited rights. Together we work towards making Malaysia a well-known market place!

PayPal and Malaysian

PayPal finally accepts Malaysian credit cards!

PayPal was banning Malaysian from using its service due to the high rate of credit card frauds in Malaysia. It was really a great loss for fellow Malaysians.

But now, PayPal starts to open its door to Malaysian. One can register an account with PayPal using a Malaysian address and a Malaysian credit card. Cheers!

PayPal is free and easy to use online fund transfer system. With PayPal, you can easily put up a website to accept money online. It is ideal for personal and small businesses.

Before PayPal starts to accept Malaysian registration, one has to open an online fund processing account with 3rd party merchant account owner like ClickBank, 2CheckOut, PaySystems, in order to be able to accept credit cards online in their websites. The average registration fee of one such account is about US$49. PayPal costs US$0 for one to open an account!

What is PayPal?

PayPal, the trusted leader in online payments, enables buyers and businesses to send and receive money online. PayPal has over 100 million member accounts in 190 countries and regions. It's accepted by merchants everywhere, both on and off eBay.

Is it safe to use?
PayPal helps protect your credit card information with industry-leading security and fraud prevention systems. When you use PayPal, your financial information is never shared with the merchant.

Why use PayPal?

• Make purchases or send money with PayPal – it’s free
• Shop and pay conveniently by saving your information with PayPal
• PayPal is accepted by millions of businesses worldwide and is the preferred payment method on eBay

Why use PayPal when I have credit cards?

There are many benefits to using PayPal.

• Extra security for debit and credit cards. When you make a PayPal payment with your debit or credit card, because your card details are not revealed. Also, you'll get PayPal's exclusive fraud prevention and security tools.
• Faster checkout, because you only have to enter your username and password to make your purchase. You no longer have to enter your financial and personal information every time you want to buy something online.
• Ability to send money to friends and family.
• Exclusive fraud prevention with our dedicated specialists who monitor transactions 24/7 to protect you against fraud. Plus, we provide extensive protection from unauthorized payments sent from your account.

How does PayPal work?

PayPal can be used to send and receive payments online. Once you sign up for PayPal, you can send money to anyone with an email address. You can use money from your PayPal balance or from another payment method of your choice, such as a credit card, debit card, or your bank account. Recipients are notified by email that they have received a payment from you.
How PayPal Works

PayPal: How to Downgrade Your Business Account to Premier Account

1. Log in to your account.

2. Click on the Contact Us link.

3. Go to Help by Email, click on the Contact Customer Service link.

4. In the Ask Your Question section:

Q1-Choose a Topic: Click once on My Account.

Q2-Choose a Subtopic: Don't click on the Changing Account Type, as whatever additional information you've provided in item 3, it will always say that 'According to our Record, you already have a Premier / Business account'.
So, click on Changing / Updating Account Information (remember to click once, not double-click).

Q3-Summarize your question in one sentence: Downgrade account type to Premier.

5. Click continue -- it will then show you some Help Topics based on the question / keywords that you have entered in item 3 previously.

6. Scroll down to the end of the Help Topics provided, there you will see 'Still don't have the answer to your question, please fill up the form below'.

7. So, you provide whatever additional information in the form, say ' I have a Business account, but I prefer to use a Premier account. Please change / downgrade my account to a Premier account.' Then click submit.

8. Voila! You are done now and wait for Paypal's reply.


PayPal's Reply
It took about 3 working days for Paypal to respond for the above enquiry.

Below is the reply from Paypal Support Team:

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Thank you for taking the time to contact us with your concerns. I am
happy to assist you.

Understand you would like to downgrade your Business Account to Premier
Account.

I am pleased to inform you that now the downgrade has been completed as
requested. Please log into your PayPal account and have a check.

Thanks again for contacting us, and thank you for being part of the
PayPal community.

Should you have any other concerns, please do not hesitate to contact
us. We are always ready to help you out.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~