Malaysians’ PayPal Dream Comes True

by Wayne Liew on September 29, 2007

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!

I feel like swearing! All the anxiety and heart pumping ends with the message below.

My AmBank NexG Prepaid Credit Card failed to performed so guys, continue to proceed if you got through and you will get getting cold hard cash after 4-7 days. Although AmBank NexG Prepaid Credit Card failed to work, Alex claimed that hisEON Bank’s MOL Freedom Card worked in his withdrawal attempt.

Al-Radjhi Bank Debit card can be used to withdraw the funds and I guess Public Bank Electron Debit Card can be used as well. The same thing goes to all major credit cards embossed with Visa or Mastercard logo.

Anyway, this withdrawal service charges USD5 per withdrawal. Are you thinking that this is expensive? I can tell you it’s not. Other withdrawing services like Accent Card and Virtual Money Inc. (VMI) card already charges you USD35 for the card itself! With this service now effective, I also suspect more participations from countries previously in PayPal’s “not withdrawable” list in paid posts writing.

This failure causes my funds to stay inside my PayPal account for at least another 7 months before I can get myself a Public Bank Electron Debit Card. I hope that they don’t change their policy.

What are you guys waiting for, start cashing out your funds and treat me nice food. Anyone successful? Tell me! Any failure? Tell me as well! For those who applied for those expensive cards to withdraw your PayPal funds last time, what are you having in mind?

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{ 41 comments… read them below or add one }

Irene September 29, 2007 at 8:18 pm

Hehehe… Thanks for the link back :P Just found out about it yesterday so must quickly blog about it. Hahahaha…

Reply

jimmychin September 29, 2007 at 10:54 pm

wakakaka.. i will try with other card after this one success… :P

Reply

lukxiufung September 29, 2007 at 11:19 pm

hey, if i transfer into my credit card. hot to take the money out then?

or i need to use the amount for a purcahse?

Reply

Sean September 29, 2007 at 11:30 pm

Yeah, I have the same question with lukxiufung (nice nickname)…
I dun think I am going to try it, cos I only have a small amount in my paypal.. hehe…
However, thanks for the info~

Reply

thiamhin September 30, 2007 at 12:29 am

i gonna get myself a debit car….
weee…………..

Reply

Sze Ping September 30, 2007 at 1:48 am

A good news indeed.

USD5 is quite reasonable…

Reply

qinq87 September 30, 2007 at 3:51 am

Have u tried Mol Freedom? I thought u also have mol freedom card? I am thinking if Mol Freedom works then i will go get one otherwise i will need to get Public Bank’s Debit Card. Hehe . Anyway thanks for the news update!

Reply

Samm September 30, 2007 at 10:05 am

Hi, Wayne. I just tried withdrawing it to my HSBC Visa Credit Card. Hope it works. If not, i have another 10 to try out with, LOLZ. YERRRRR…. i canceled my Public Bank’s Debit Card jorr.

Reply

Samm September 30, 2007 at 10:44 am

I forgot to add hoh. Can only withdraw a max of $500 in a month wor. Cheh.

Reply

Wayne Liew September 30, 2007 at 11:17 am

@ Irene
Good contents especially great news like this deserves a linkback. Moreover, it would be bad to be not honest. I found it out from your blog and of course I have to admit it. Nice boy huh? :-P

@ jimmychin
Cool, share with us the list of successful credit and debit cards. OK? Thanks.

@ lukxiufung
I am not sure about this, maybe it can help to pay your outstanding amounts. You should try contacting your credit card issuer. :-)

@ Sean
You’re welcome. Continue to wait for it to grow. If you don’t want to spend it, you can always reinvest into your blog or shop on eBay.

@ thiamhin
Yes, then you can start cashing out. Good luck!

@ Sze Ping
Some still claimed that it is expensive but for me, it is reasonable if compared to previous services that Malaysians used to withdraw PayPal funds.

@ qing87
MOL Freedom card’s customer service is not that good although it is cheap. Refer to this comment by coder.

P/S: MOL Freedom card can be used in this withdrawal as stated by Alex, I feel like switching now… :lol:

@ Samm
Oh my God, how come you have so many? Can sub one for me? :lol: If it is successful, can you please inform me on how it works on credit card?

Maximum of USD500 one month not enough for you? Actually, it is USD500 daily (more than enough). Anyway, I guess that this has something to do with their fraud prevention policy.

Reply

Samm September 30, 2007 at 11:50 am

Hi, Wayne. $500 per day haimai. Not per month, LOLZ. I withdraw nearly 4k a month. If withdraw to credit card, if you have outstanding amount on your card, it’ll deduct from the total lah, like you make repayment via interbank giro transfer lidat. Mine is an empty card, so i withdraw via atm. But got fees wan i think. Cant remember loh, cos i never withdraw money from my credit card via atm also. But now testing jek. If they treat it as cash advance, i’m so gonna scream. But i wont know until i call my bank up. Too lazy lah now. Month end mah. But i can always add another card to Paypal so that i can use the amount i withdraw to it as repayment.

Reply

Wayne Liew September 30, 2007 at 11:54 am

Cool. I feel like closing my Ambank NexG card now and switch to EON Bank MOL Freedom.

Reply

flsam September 30, 2007 at 9:06 pm

This is really good news for Malaysian Bloggers, I will try it out with my Credit card. :)

Reply

lukxiufung September 30, 2007 at 10:53 pm

I ask both of my friends who work as a customer services and another as credit controller in different bank. For credit card, if you want to withdraw, you will be charge for around RM 50-60 per transaction. If you using debit card, you will NOT be charged but RM10 charged if you withdraw from 3rd party bank.

So, is better to register a debit card with paypal.

Now the question again. I register my credit card with them already. So, can I change it to a debit card?

This kind of thing really make me confuse @.@

Reply

lukxiufung September 30, 2007 at 11:31 pm

Public Bank debit card work?

Reply

Awangku Yusli October 1, 2007 at 9:30 am

Say.. will this work with Standard Chartered card? It has Visa Electron logo displayed on it.

Reply

iter October 1, 2007 at 11:27 am

wau.. really :D .. very good news, now i’m gonna open PayPal account. Ehehehe.. i have visa card but never use it … :P

Reply

Steven Wong October 1, 2007 at 1:28 pm

Yes, I went to check out from the PayPal sites.

In need a great news not only for Malaysians. These is available for 25 other Asia Pacific countries as well.

I have posted the details in my blog, you can tell you other friends who are in the countries list on the good news.

Reply

MonkeyWong October 1, 2007 at 3:03 pm

Anyone tries Public Bank debit card?

Reply

Alex October 1, 2007 at 4:19 pm

Monkey. As long you can link your debit card to paypal, it will not be a problem :) So public bank also can.. It is recommended that everyone should use a debit card link to paypal rather than a debit card. If you withdraw using a credit card, they will consider that as cash advance, not including the interest you would require to pay in the end..

Reply

Wayne Liew October 1, 2007 at 6:20 pm

@ flsam
Yes, indeed. Mastercard users, be patience like me. PayPal will reward us for the patience. Hmm, maybe Mastercard users will be waived of the USD5 charge. :-P Just kidding!

@ lukxiufung
Public Bank Debit Card works. Contact your bank about it as I can’t give you any assurance on these issues as bank policy might differs.

Debit cards are always better if you rarely spend more than what you have. :-)

@ Awangku Yusli
Under the circumstances now, cards with a Visa logo should work. :-) Good luck! Just try it out!

@ iter
This is a chance for you to fully maximise its potential! :lol:

@ Steven Wong
Thanks Steven. Nice article! :-)

@ Monkey Wong
It works. Someone already tried it out. :-)

@ Alex
Debit card always rocks and I love them. :-)

Reply

keeyit October 2, 2007 at 8:04 am

Good news for all of us !!!

Reply

KennetH October 3, 2007 at 2:17 pm

you are awesome by telling me this…I’m doing research on internet payment…but I’ve stated that Pay Pal oni allow withdraw money at sg bank oni..Now Malaysia oso can?? OMG lor..I’ve to ammend my research content d……

Reply

Wayne Liew October 3, 2007 at 3:00 pm

Thanks. Research?! Self research or assignment research or money making research? :lol: Anyway, good luck on that, this news hit Malaysian shores hard. :-)

Reply

pikey October 3, 2007 at 7:57 pm

hey… it works for me for my citibank credit card account and i’ve blog about it at http://pikeydude.blogspot.com/.....rawal.html

Reply

Wayne Liew October 4, 2007 at 1:52 pm

Cool dude and a nice post. Spend your funds wisely!

P/S: Don’t need to put a nofollow link, I welcome relevant links in my comments section. :-)

Reply

babyfiona October 7, 2007 at 8:33 pm

any charges by the credit card / debit card bank to accept the money coming in via paypal?

Since VMI charged USD 2 for transfer from paypal to the card and then the bank charged USD 5 when you withdraw..its make no different for those already have VMI card with them right…

Reply

Wayne Liew October 8, 2007 at 7:45 pm

The charges will differ according to what bank you are using. As far as I know, VMI card charges for balance inquiries through ATM as well and PayPal doesn’t like us to use VMI so why not use a allowed method? :-)

Reply

Chris October 9, 2007 at 8:27 am

Yo’ bro,

Just wanted to share my happiness, I’ve done the paypal withdrawal to my PB Visa Electron card, and the money is already in my Visa Electron card in less than 5 days, LOL

The money is waving at me now asking me to spend them, gotta go. Ciao =p

Reply

Wayne Liew October 9, 2007 at 6:42 pm

Oh my God, why being sarcastic to me? Never mind, next year will be my turn. :-P

Reply

azrin October 10, 2007 at 10:22 am

PAYPAL just made an update:

ONLY VISA or VISA Electron.

I have a comprehensive list.

Best regards and Selamat Hari Raya.

Azrin @ http://www.azrin.net

Reply

Wayne Liew October 10, 2007 at 4:21 pm

I already knew about that and I guess my readers as well. Anyway, thanks for the list. :-)

Selamat Hari Raya to you!

Reply

Paypal Hater October 10, 2007 at 8:40 pm

Hi, Paypal removed the mastercard withdrawing option!!..Just applied for the Ambank NexG card…not even activated yet already useless…sigh!

Reply

Wayne Liew October 11, 2007 at 3:41 pm

At least you can stop depositing money into the card and save up the RM3 that you have to pay every month. :-)

Reply

Ian November 10, 2007 at 5:04 am

Eventhough if Paypal allows Mastercard withdrawal, please do not ever apply a one.. Because it charges % on currency conversion whereas Public bank do not charge anything when you perform currency conversion… So, iamgine the paypal USD5 fees+bank charges, how much u can withdraw now??

I feel so regret on getting it, i want to buy wma tracks from a local site also have to pending ofr years, this won’t happen to Visa Electron.. Grrr!!

Ya, EON bank customer service is one of the owrst, PBB beat them hands down..

Reply

Wayne Liew November 10, 2007 at 1:02 pm

I can understand your frustrations but why did you apply for MOL Freedom in the first place? I thought you already have a PBB Electron with you before you applied?

Reply

DreamMage December 30, 2007 at 8:52 am

For those who use paypal for money transactions please read the link below and deal with paypal cautiously.

http://www.paypalwarning.com/home

Reply

Albert Lim April 10, 2008 at 3:56 pm

Hi Albert,

This cannot be done, at least on my blog. If you suspect any discrepancy happened to your PayPal account, you should contact PayPal rather than conducting this “experiment”. I hope you get what I mean. :-)

Reply

Swk July 19, 2008 at 3:01 pm

Good info for withrawn paypal but you can use tune money visa prepaid card because paypal not accept mastercard instead visa card.

Reply

Norhafidz October 19, 2008 at 12:09 am

Good info Wayne, But I never try them as a medium to withdraw paypal. I just sell funds in forums :)

Reply

James January 8, 2009 at 7:25 pm

Hi guys, theres this new card called Maybankard visa debit, does anyone know if it works with paypal?
Thanks.

Reply

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