Paypal Malaysia
PayPal has extended their services to Malaysia which saw the introduction of 2 new features that allows transaction to be done in local currency & direct Paypal balance withdrawal into local bank account.
This is definitely a good news for every Paypal users in Malaysia as they can save up a significant amount of money if they choose to withdraw money directly to Malaysia bank account. Unlike credit cards, there’s no additional charges to withdraw Paypal balance into bank account if the withdrawal amount is more than RM400.
If you are thinking of opening a Paypal account but have no idea on how to apply, here’s an easy guide on how to get started.
Open a new Paypal account
1. Type in Paypal.com in your browser’s address bar.
2. Once you reach there, click on the sign up link right at the bottom of the sign in form on the top left corner.
3. Choose from either one of the 3 options available:
Personal, Premium & Business.
**Personal account is for individuals who shop online, premier account is for individuals who buy and sell online, while business is for merchants who use a company or group name.**
4. Type in your personal information & choose to link your credit card (If you have one) with your Paypal account.
5. Done! You have just opened your Paypal account.
** Once you have typed in your credit card number, you will be charged 1.95USD. In your credit card statement, there will be a verification code which you will need to key in to verify your credit card & the charges will be refund to you soon. **
What are the charges for online transaction?
| Online purchases | Personal payments | ||
| Pay | Get paid | Send money | Receive money |
| Free | 2.4% to 3.4% + RM2.00 MYR | Free when you use your PayPal balance
3.4% + RM2.00 MYR for credit card payments (either the sender or recipient can pay this fee). |
|
FAQ
What if I don’t have a credit card? Can I use debit card?
- Yes you can, as long as those cards have Visa or Mastercard logo on it
What is the minimum withdrawal amount?
- RM40.00
What is the bank withdrawal free?
- If RM400.00 MYR or more is withdrawn, you will NOT be charged.
- If less than RM400.00 MYR is withdrawn, you WILL be charged RM3.00
- Return Fee = RM15
What is the credit card withdrawal free?
Withdrawal Fee – 5.00 USD
Minimum Withdrawal Amount – 10.00 USD
Return Fee – 10.00 USD
** If the information in your withdrawal request is incomplete or incorrect, PayPal will return the withdrawal amount to your PayPal account and charge a return fee (RM15). Your card issuer might charge additional fees. **
can I said that PAYPAL is a liar? y I can easily (IMMEDIATE) transfer money into paypal account but cannot use the money to buy anything? it just keep pending… At last i decided to transfer the money back to my bank account but it CHARGE RM3.00 for transferring below RM400 AND SOMEMORE need 2-3 business working day. OMG!
can anyone explain this???
omg! i have the same problem as well!
last time i got no balance in my paypal, so everytime i wanna purchase items on ebay they will cut straight from my debitcard…now since i have a balance of rm400 in my paypal account…i wanna use it to purchase items on ebay but im afraid that they will cut my money in my debitcard instead of my paypal balance…how to do it the other way round? do i have to withdraw the balance money 1st? yeah and like u said kelvin they have charges and it took like 2-3 days to get into my maybank account…..help! how to use the balance straight?
WtH……..kata boleh sign-up dgn debit card. tapi bila nak sign-up, dah masuk no. debit card, then keluar error “This credit card has been denied by the bank that issued your credit card. For details on why your card was denied, please contact your credit card issuer’s customer service department. Or, you may want to try adding a different credit card.” What’s going on brader?? Any advice?
I had try to purchase on line for naruko skin care product about 1.30pm but my credit card is rejected saying it is invalid card.
When I call my bank, the bank tell me paypal charge me RM1 even the transaction is unsuccessful. I think this is not fair to me due to I had try a few card and get charge about 5 card. One of my card get charge goverment tax RM50 due to this RM1 charge, if not this charge, I can cancel the card and waive the RM50 gov. tax. Is it possible to waive the charges for me. Pls contact me ASAP.
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saya ada dapat emel dr [email protected] yg saya dapat payment dan perlu dahulukan duit saya untuk bayar shipping company thru western union..then buyer tu kate after submit receipt kt paypal then baru saya dapat penuh full payment termasuk transport cost yang buyer bagi melalui paypal..yang saya konfius, dalam akaun paypal saya zero..dan ini pertama kali saya menggunakan paypal..betul ke ni?tolong ye sapa2 yang tau..yang [email protected] memang betul dari paypal tp bile tengok detail, emel tu adalah [email protected].
aku pon ada masalah yang sama siap bagi due 12 jam betul ke tak nie…. shipping fee tu mahal plak tu