CJCM2u.com

My PayPal withdrawal to credit card transaction completed without any problem after PayPal resolved whatever issues the faced. I initiated the USD100 withdrawal transaction on 25th Jan 2008. My credit card statement shows two dates to complete this transactions, the first transaction date is 10th Feb 2008 and the second date is 12th Feb 2008 as the posting date.

The statement also shows an amount of RM319.33 was credited to my credit card account, which I think is quite a good exchange rate. No other transaction fees was charged by the local bank. So the total fees charged was only USD5 by PayPal.

In general, I think the process to withdraw PayPal fund to credit card is very easy to follow and cost much less compared to other methods previously discussed by a lot of internet marketeers. Thanks to PayPal for making our lives much easier. Well done!

Popularity: 5% [?]

I had tried to withdraw some fund from my PayPal account to my credit card account on 25th Jan 2008. The entire process was very simple to follow, no doubt about that… but few days later I had received an email from PayPal informing me about a technical problem that had prevented the transaction from being completed. Just today, I received another email from PayPal informing me again that the technical issue had finally been resolved…. I am not sure what was the problem but if it took more than one month to resolve…. it must have been quite major. Whatever it is, I am glad it is now over. Upon checking my PayPal account, the transaction is now tagged as ‘Completed’ but I am yet to see this transaction reflected in my credit card statement. It is interesting to see how much my local bank would charge for withrawing PayPal into my credit card account (actually this is similar like paying my credit card … it is just that instead of paying by cash, I was using PayPal… I will be surprised if they charge something else (apart from the exchange rate) for paying my credit card….if you know what I mean). I will keep you posted.

We recently notified you of a technical issue that was delaying withdrawals to your credit card. We have resolved this issue. All previously delayed withdrawals to your cards should now be displayed as ‘completed’ within your PayPal account.

These funds may have already posted to your card balance or will do so in the next 3 to 5 days.

We apologize for any inconvenience this may have caused and appreciate your business.

Thank you,

PayPal

Popularity: 6% [?]

The biggest problem of withdrawing money from PayPal account for Malaysians is finally solved… for good… and the solution is from none other than PayPal itself. You can now withdraw fund from your PayPal account directly to your credit card. And the cost is also quite cheap… USD 5.00 per withdrawal. The minimum withdrawal amount is USD10.00. If the withdrawal is somehow not completed and the amount will be returned to your PayPal account with USD 10.00 service charge incurred. This is definitely the best news for all Malaysian internet enterpreneurs who have been facing various problems withdrawing money from PayPal. There were previously various alternative solutions for Malaysians to withdraw money from PayPal but the steps involved are just too complicated for ordinary net-citizens with high transactions cost.

I guess Hafiz Latib from MalaysiaPal will not be too happy with this news from one aspect but I am sure this is for the betterment of all Malaysian internet enterpreneurs. For your information, MalaysiaPal introduced a mechanism for Malaysian to withdraw PayPal funds to Accent debit cards. The party is also over for those who have been making good income by buying and selling PayPal funds at heavily discounted MYR rates.

Come to think about it, I was wondering what took PayPal so long to implement this when the members can already fund the PayPal account from credit cards in the first place. In any case, kudos and big thank you to PayPal for solving the biggest problem for all Malaysian PayPal account holders. Bravo…..!!!

Technorati Tags: withdraw money from PayPal, PayPal, MalaysiaPal

Popularity: 10% [?]