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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  • Never tried this method, thanks for sharing..Always sell funds to those who needed :)
  • Paypal is the easiest way to transact business online. It's a good thing that now they are open for Malaysian. Bigger network, bigger service they can provide.
  • learnandmasterguitar
    Great news for Malaysians. Now it's easier for them to do business online. Great post.
  • James
    Hi guys, theres this new card called Maybankard visa debit, does anyone know if it works with paypal?
    Thanks.
  • Good info Wayne, But I never try them as a medium to withdraw paypal. I just sell funds in forums :)
  • Swk
    Good info for withrawn paypal but you can use tune money visa prepaid card because paypal not accept mastercard instead visa card.
  • Albert Lim
    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. :-)
  • For those who use paypal for money transactions please read the link below and deal with paypal cautiously.

    http://www.paypalwarning.com/home
  • 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?
  • Ian
    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..
  • At least you can stop depositing money into the card and save up the RM3 that you have to pay every month. :-)
  • Paypal Hater
    Hi, Paypal removed the mastercard withdrawing option!!..Just applied for the Ambank NexG card...not even activated yet already useless...sigh!
  • I already knew about that and I guess my readers as well. Anyway, thanks for the list. :-)

    Selamat Hari Raya to you!
  • 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
  • Oh my God, why being sarcastic to me? Never mind, next year will be my turn. :-P
  • 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
  • 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? :-)
  • 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...
  • 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. :-)
  • hey... it works for me for my citibank credit card account and i've blog about it at http://pikeydude.blogspot.com/2007/10/paypal-withdrawal.html
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