Wayne Liew 1 - MOL Freedom 0

October2

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.

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.

Alex, through the e-mail he sent me, also pointed out that his card has now been frozen because receiving funds internationally is against the card’s policy and the worse is that he was suspected with MONEY LAUNDERING! He will now need to write an appeal letter to EON Bank. I think I made a mistake for blasting AmBank and crying for an explanation from them in my post, “PayPal Dreams Broken! Now What?”. Luckily for me, PayPal stopped me from using the card or I could have been going through what Alex is going through right now.

I am not being sarcastic to Alex but he himself recommends people not to use MOL Freedom Card in a joking way. I was relieved and for your knowledge, I nearly signed up for MOL Freedom after I thought AmBank NexG had disappointed me. Now, I am all smiles again, thanks to some reader who asked patience from me. All Visa now except for cards by United Oversea Bank (UOB) for PayPal withdrawals but I am sure that sooner or later, Mastercards can be used.

For prepaid credit cards users like MOL Freedom and AmBank NexG users, even after cards with the Mastercard logo can be used in PayPal withdrawals, I advised you to contact your bank about this before doing your withdrawals of PayPal funds regarding their POLICY first!

posted under Internet Business Tricks

19 Comments to

“Wayne Liew 1 - MOL Freedom 0”

On October 2nd, 2007 at 11:47 pm kucau Says:
wayne, somebody told me about laundering act. we must verify with BNM first. i`ll call them to verify for such ruling if ever existed.
On October 3rd, 2007 at 1:13 am thiamhin Says:
ermm…….me are fence sitter…
wait and see
On October 3rd, 2007 at 1:19 am thiamhin Says:
if receiving fund from over and it’s not exceeding the threshold…then it’s okay
this is policy of the bank..
nothing to do with AMLA…anti money laundering act…
i mean from the sending side…but it’s possible frozen because he receive fund from unknown source and the transaction took place in large amount…
this will trigger the bank AMLA system..
i am mot bullshitting here…i build banking system and my senior build the Western Union application here
On October 3rd, 2007 at 3:01 am Kitkat Says:
Citibank visa credit card ok or not?
On October 3rd, 2007 at 3:05 pm Wayne Liew Says:
@ kucau
Alex was just suspected, there is no any big deal, just yet though. Anyway, I hope he will be all right.

@ thiamhin
Your situation here is correct but if the bank is freezing our accounts, nothing can be done but appeal or wait for the results. As long as we are not committing any crimes here, we don’t need to be scared.

Moreover, according to the current situation, it will be abnormal if MOL Freedom is capable of withdrawing PayPal funds.

@ KitKat
There have been no claims that it can’t be used. Try it, it is supposed to be OK but if it is not, you won’t get any harm though because you are not using a Mastercard.
On October 3rd, 2007 at 11:27 pm kucau Says:
wayne , called up BNM today. they expalin regarding the laundering act . its up to the bank on how to intepret order by BNM. some bank maybe strict. they say, maybe public bank is not so strict but maybank is, thats why public back debit card was accepted, it had nothing to do with debit card or credit card
On October 4th, 2007 at 6:25 pm Wayne Liew Says:
I see. Thanks for the information. It’s the bank policy again… But still, PayPal announced that Mastercards is still can’t be used yet.
On October 5th, 2007 at 12:57 am Credit & Debit Cards For Malaysians Paypal Withdrawal at Money Money Come Says:
[...] that failed? 1. AmBank NexG Prepaid Credit Card 2. UOB MasterCard 3. Public Bank MasterCard 4. EON Bank MOL Freedom Prepaid Credit Card (Just found from Alex that this card can’t work! Apparently it’s Mastercard policy. His [...]
On October 6th, 2007 at 7:27 am Lorna Says:
Wayne, my Citibank VISA credit card works! My funds are already in my cc account within 4 days, I’m happy as a hyena! I noted this to Gaman, and blogged about it.

So good news for Citibank CC holders, but I’m still waiting for news on the debit card side.
On October 6th, 2007 at 1:54 pm Wayne Liew Says:
Cool. This means Citibank is a good bank. Happy money making from the Internet!
On October 8th, 2007 at 5:05 pm daniel Says:
Bank Islam Card, MBF Cards, Eon Bank Card….can use or not?
On October 8th, 2007 at 5:23 pm Wayne Liew Says:
If the card bears a Visa logo, it can be used. I get to know that EON Bank Visa Credit Card can be used. The rest is for you to try out. If it can’t be used, PayPal will just stop you from withdrawing, no harm will be done.
On October 28th, 2007 at 11:56 pm Dick Fitzwell Says:
You are a bunch of back end retards, get a life you losers, asian throw out alot of trash…just like you ,
On October 29th, 2007 at 8:13 am Wayne Liew Says:
At least we don’t go around dropping shits on the blogosphere. Get a life dude. Life is not about sniping others using fake names and e-mail.
On November 13th, 2007 at 1:02 am Ian Says:
Phew, i am glad you didn’t get that one..

I never use Ambank’s card before, but i am convince that MOL is worse than it.. xD

Oh, don’t get me started, i don’t want to spam your blog.., lol.. xD
On November 13th, 2007 at 7:50 pm Wayne Liew Says:
Ambank cards are good because of the customer service.

Spam it spam it! Better don’t…
On November 29th, 2007 at 12:28 am Ian Says:
Erm, finally, it did it.. I was out of cash at Jusco MV, so, i tried on the MOL card, glad it gone through without having need to enter the pin, i wonder..

I never try Visa Electron offline though, and i didnt plan to.. :p

So, i plan use VE for anyting Online purposes, MOL for offline transaction, good that they didnt charge anything on it.., pheeew.. =.=”
On November 29th, 2007 at 5:44 pm Jukaz Says:
I just wan share something here…
Ive written my hands-on experience with MOL Freedom card on my blog.
Check it out at jukaz.blogspot.com
On November 29th, 2007 at 8:35 pm Wayne Liew Says:
@ Ian
Cool organization of your cards.

@ Jukaz
All I can say it is a great review of their service.