If you want to sell or purchase goods or services online, I advise you to pay some attention to the currency rates before deciding on which paymet method to use. This will help you save some $ ….
There are many payment methods available online i.e credit cards (via Paypal or Google Check Out or Alert Pay, etc), Online Bank Transfer, e-gold and many more. Choosing your payment method correctly will definitely save you some $ especially through the currency exchange.
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GREAT NEWS!! Got an e-mail today from Matt Ng (Internet Marketing Blog.Com) informing me that Malaysian are no longer had to go through all the hassel before they can withdraw money from Paypal. Yes, we can NOW withdraw money from Paypal account direct to our Malaysian bank. Isn’t it great?
According to Matt, PayPal now allows Malaysian to withdraw funds in Malaysia. Malaysians who has Credit Cards or Debit Cards (also called check cards, ATM cards, or banking cards) are accepted if they have a Visa or MasterCard logo. Paypal will only charge USD5 fee and it will take 5 – 7 days to process the withdrawal. No more headaches and no more restrictions of finding ways to withdraw money from PayPal in Malaysia. Please visit Matt’s website to see the screenshoot taken from his Malaysian Verified PayPal account. I haven’t done it yet since I’m still prefer to use my US account to withdraw the money from ATM.
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What is Paypal?
PayPal is an e-commerce business allowing payments and money transfers to be made through the Internet. It serves as an electronic alternative to traditional paper methods such as cheques and money orders. PayPal performs payment processing for online vendors, auction sites, and other corporate users, for which it charges a fee. The transfer is immediate and guaranteed. PayPal won’t transfer funds unless the buyer has a credit line (or money in bank account) to make the transfer. PayPal is not a bank. Thus, the accounts are not federally insured in the same way as a traditional bank account, however they do offer their own private insurance.
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