Archive for the 'Payment Processing' Category

Oct
02

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I got this e-mail from Alex who gave the second smack on my face after I got to know that EON Bank MOL Freedom Prepaid Credit Card can be used to withdraw PayPal funds but in the mail I received from him just now suggested that MOL Freedom is not that good or even worse than the AmBank NexG card I am using right now. :-P

In the mail, what I said previously after coder commented radically that the support that was being offered on MOL Freedom is not good is being stated by Alex after he contacted EON Bank to seek solution for the failure to withdraw PayPal funds with his card. Read me well, this means that EON Bank MOL Freedom Prepaid Credit Card is now in the list of unusable cards to withdraw PayPal funds.

This incident confirms that only cards with the Visa logo, which includes Al-Radjhi Debit Card and Public Bank Electron Debit Card can be used in withdrawing PayPal funds as pointed out by Sabahan in his posts, “Malaysian Can Now Withdraw Money from their PayPal Accounts”. For those who is having a list of usable cards to use in withdrawing PayPal funds must now update your users about this.

Alex’s encounter doesn’t just stop here.

Continue reading Wayne Liew 1 - MOL Freedom 0

Oct
01

The following two recent happenings on the Internet regarding to payment methods will give internet money makers wannabes, especially those residing in restricted countries like Malaysia, a golden opportunity to start or step up a gear in money making:

  1. Google Adsense users can now be paid through the Western Union service straight into your bank account. ~via Sabahan’s “Google AdSense Payment via Western Union Is Now Available to All Malaysian Publishers”
  2. PayPal enabled it’s users to start withdrawing funds into their debit and credit cards. ~via my post “Malaysians’ PayPal Dream Comes True”

With this two methods implemented by the “giants”, you will now have more options in realizing the money you have earned which previously might have been restricted to just cheque payments and PayPal accounts (previously, “backdoor” methods have been used in cashing out).

This also means that you can now sign up for most of the advertisement platforms out there without bothering on what payment methods that they offer. Of course, there is still some payment services like E-Gold, which is widely used by pay-per-read or pay-per-click sites that is not capable of realising the funds into cold hard cash the legal way yet.

Continue reading Choose The Ideal Payment Method

Sep
30

The news that PayPal is now allowing their users to withdraw funds to credit cards or debit cards formed a wave and swept past Malaysian blogosphere yesterday. I have posted about my encountering with this in my article “Malaysians’ PayPal Dream Comes True”.

The truth is that there are many Malaysians who tried it out and got through the “Add Your Card Details” gateway with most of the credit cards and debit cards but sadly, some don’t.

Updated: Sabahan pointed out in “Malaysian Can Now Withdraw Money from their PayPal Account” that apparently all Mastercard still can’t be used and PayPal is still working on the issue. This means only cards with the Visa logo can be used in withdrawing PayPal funds with cards from United Overseas Bank (UOB) not included.

Alex from A New Chapter In Life, which I mentioned earlier, gave another smack on me for MOL Freedom as he commented that:

The balance will show up basically 3-4 working days (well that’s what happened to me :P ) I tried using MOL and it works like a charm…

What is this? Double smack! :evil:

What will I do as remedial action after the jump.

Continue reading PayPal Dreams Broken! Now What?

Sep
29

There are so many people asking me on how of cash out from their PayPal account and now this post is making your dreams come true because PayPal is allowing you all to withdraw your funds into credit cards, debit cards and bank cards embossed with either Visa or Mastercard logo. I read this on Sweet Surrender’s “Malaysians Can Withdraw Paypal Now! - Debit Card Version” and I quicky logged into my PayPal account to withdraw my lump sum of PayPal funds after I posted my article, “Reinvest PayPal Funds On Blogging”. Let’s follow me for the step-by-step:

First, you click “Withdraw”to go to your withdrawal page.

You will be directed to a page where you will have to enter your credit card or debit card details which includes your billing address of the card you have entered.

Guess how much I withdrew after the jump!

Continue reading Malaysians’ PayPal Dream Comes True

Sep
26

I was once asked on how do I made so much money out of the Internet since I am not even 18 and don’t qualify for a credit card to verify my PayPal account. The world is fair, if you spend some time and effort, thinking that you will do it no matter what, no one and nothing will stop you from doing it. Even if you are below 18, you can start making money from the Internet like me (I am 17).

Why PayPal account?
If you want to make easy money just by typing or blogging, PayPal is just nice for you to accept the funds as most of the services out there like PayPerPost, Smorty and even Cost-Per-Click network, Bidvertiser can pay you via PayPal. This shows that how important it is a PayPal account for you if you want to make money off the Internet. They are still dominating although many other new services are trying to compete with them.

For teenagers or kids below 18, I would like to share four ways with you to get a verified PayPal account. For those experienced guys, I know you must be saying “Who don’t know this?” but please bear with me for a while, I must teach my teenage blogger gang to earn money the happy way first!

Daddy, I want your credit card number!
Tell your daddy or mommy or whoever that loves you that you want to make money from the Internet and you will need their credit card number. There might be two outcome, “I am proud of you, son!” and “Are you crazy?” Start studying or else stop surfing the Internet!”

I don’t like this even if my dad is more than willing to give me his credit card number (because he knew I am a real money maker! :-P ). Why? The PayPal account that I registered must be under his name and “legally”, you are earning for your dad! This sounds evil but you will get more excitement if the money is yours! Want alternatives? Read on.

Continue reading PayPal Likes Underage Kids Too

Aug
24

For Malaysians wanting to get your PayPal approve but not wanting to get yourself into debts by signing up some credit cards, EON Bank Group has launched MOL Freedom, another prepaid credit card which can be called as a successor of the Ambank NexG card which I am using now to verify my PayPal account. The card is issued with several parties’ corroboration. MasterCard, 7 Eleven, RHB Bank, Maybank2U, MyMode and MOL are some of those companies behind this small little wonder.

It basically functions like the Ambank NexG card in the market now but personally, I think this card is better than the NexG card. Why? It helps you save more having no monthly fees to pay, not like the Ambank NexG card service. MOL Freedom charge you every time you top-up the card, which is RM2 every time at their selected top-up partners and RM4 every time at 7 Eleven. The starter pack will be as the same as Ambank NexG, which is RM25. You can get more info about the card here.

The best part is that young Internet earners like me can apply for the card to get their PayPal verified to use it in online purchases such as buying domain or hosting online. The card is open to Malaysian citizens aged 12 and above but unlike Ambank NexG, parental consent is needed for applicants under 18 (I still love Ambank more because of this as I am staying far from my parents). The card also opens to non-Malaysian applicants, provided that they have their passport photocopied and have a valid address in Malaysia.

I think other than these, the rest is up to those who wanted to try out to tell. I think this card is more cost-effective compared to Ambank NexG but on the other hand, there’s still something I like about Ambank NexG that stopped me from withdrawing all my money out from the card and switch to this brand new MOL Freedom. The reason is that I love the support and services provided by Ambank.

I got to verify my PayPal account, even before I get my credit card statement, all thanks to the good services by Ambank by providing me the 4 digit code needed to verify my PayPal. At the same time, of course I hope that Ambank NexG will waive the RM3 monthly fees, if this happens, I woud stick to the card, forever!

Anyone interested to sign up for one? Tell me about your experience with it and I would definitely have my thoughts shared with you.