Comments on: Paypal Exchange Rates: Bank or Credit Card?

By: enajpostcards

enajpostcards — Sun, 07 Sep 2008 05:57:01 +0000

Pinoy: Adding funds to Paypal!
Nakita ko iyong topic regarding problems on adding funds to paypal account. Wala ako naging problema dito since ebay seller kami sa international site. You can view our listings on the sidebar of this blog. Pero paypal to bank withraw at vice versa could be a problem since medyo mataas rin ang transaction fee. Umaabot ng PHP200! Para sa sellers tulad namin malaki-laki na rin iyon especially kung ang tinitinda mo ay low-cost items, di ba? It also takes days rin para umabot ang pera sa account mo sa bank.Since may negosyo rin ako nagamit ang GCASH.So, para masolusyonan ang mga problema natin may naisip kami.

Want to add funds to your paypal? We are looking for GCASH/ BDO funds.
1) Email us: enajpostcards[at]yahoo[dot]com o text sa 09063543374
with your paypal username o e-mail address.
2) Pay us through GCASH o BDO.
3) We will send funds to your account, matapos naming makonpirma ang iyong bayad.

By: Mark

Mark — Tue, 12 Aug 2008 11:42:01 +0000

Hi yuga can help me how to verify my paypal account using BDO bank account.. Any help will be appreciated.

By: Ping

Ping — Sun, 25 May 2008 12:36:49 +0000

Palagay ko, mas ok yung sa bank, kasi CASH na talaga yun eh.

Sabagay, kung malakas kang gumamit ng credit card, bawas naman diretso sa utang =)

Visit pala my site, http://paymanila.com. You might find it useful re PayPal usage in Manila. We offer some services in relation to PayPal po.

Thanks!

By: accounting student

accounting student — Wed, 07 May 2008 02:17:54 +0000

I’m an accounting student. Kasi po magkaiba po ang date ng ginawa ung transaction at yung date na gumawa ng journal entries. Sa accounting po kasi, we record the amount po ang amount sa exchange rate kung kailan gumawa ng journal entry sa company’s book or bank’s book. We do not record it sa exchange rate na nangyari yung transaction.

By: Steve

Steve — Fri, 02 May 2008 21:19:40 +0000

Hello, can anyone tell me how to exchange apaypal to western union?

By: Beverly

Beverly — Fri, 02 May 2008 11:46:40 +0000

Hey guys !!! I just found this site that offers funding of paypal to anyone who doesnt have a credit/debit card, check the link on my blog, hehehehe….
http://www.vampiresocialclub.com

By: Beverly

Beverly — Thu, 01 May 2008 13:53:40 +0000

Guys or anyone ?! Naghahanap me ng mabait na nilalang na pwedeng magbigay skin ng paypal money, huhulugan ko nlang yung bank account nyo ng peso in exchange you will add fund for my paypal account. Wala kc akong creditcard eh…anyone??? email me emobevs@yahoo.com

By: Head Geekette

Head Geekette — Sun, 02 Mar 2008 14:52:19 +0000

@L.A. You’ll have to use your card first for a Visa purchase before you finally get to enroll it as a credit/debit card. In my case, I was able to enroll my Unionbank EON account as a bank account but not as a credit/debit card. Only when I was able to pay my web host ($1.50) with my EON account was I able to enroll it as a credit/debit card.

I’m no just waiting for five business days to pass by before I call up Unionbank to get the number and fully validate it on PayPal.

@penny You can get apply for a PayPal account and enroll someone else’s card to it. Another option is getting a new bank account that has international debit power via Visa or Mastercard. So far, China Trust and UnionBank have this feature with both of them riding on Visa Electronic.

By: penny

penny — Sun, 02 Mar 2008 05:15:03 +0000

hello! I have this problem. I want to buy something in ebay international but I dont have a credit card to support the paypal requirements. do you know anything or someone who can bid for me in ebay and then Ill just pay him/her thru bank deposit? or any alternative for non-paypal users who really needs paypal for ebay purchase. Please email me. Thank you so much!

By: On eBay and Paypal presence in the Philippines | YugaTech | Philippines, Technology News & Reviews

Tue, 26 Feb 2008 17:15:16 +0000

[...] withdrawals are heavily affected because of foreign exchange rates (I earlier discussed about the difference in exchange rates here). Once Paypal opens up and introduces the Philippine Peso currency, transactional forex expenses [...]

By: Alex

Alex — Thu, 21 Feb 2008 01:10:25 +0000

Thanks, Yuga.

After unloading all pertinent documents, they’ve given me full access to my account and I’ve made my first successful withdrawal.

But they never refunded me the cost of conversion fees when they reversed my initial withdrawals. Cost me around $32. As we know, $32 converted to peso is already a significant amount.

Could you mention these to eBay/Paypal people? They need to beef up their understanding of our market.

By: L.A

L.A — Thu, 21 Feb 2008 00:22:50 +0000

Does anyone know how to verify PayPal and EON? I was being denied for some reason even though my EON is fresh from the Bank. Help x_X

By: yuga

yuga — Tue, 19 Feb 2008 11:41:56 +0000

@ Alex - have you contcated them and explained? I think the best way really is to get some proof that you are the real owner of that account. Credit card bills, certificate of residence or even passport should help you verify that.

Will be meeting with eBay/Paypal people next week and ask them about this as well.

@ Andre - Xoom exchange rates is around Pgp1.05 difference. Not much different from Paypal’s Php0.90 which makes Xoom a good alternative.

@ia - been asking Paypal reps why the banks aren’t quite informed about this development. They’re not really that organized.

By: ia

ia — Tue, 19 Feb 2008 07:20:49 +0000

@Jeric: Unionbank does deduct. All electronic transfers are charged a fee—just talked to a Unionbank person this morning and that’s what she said. In my experience it was 100.00 pesos for the PayPal withdrawal to bank account (plus the 50.00 pesos if you withdraw less than 7,000.00 pesos). Apparently that’s as cheap a fee as you can get.

The funny thing is, the incoming funds was labeled as “inward remittance via PCHC” (Philippine Clearing House Corporation) and if I didn’t prod the person yesterday to find out if it was actually from PayPal, she would have just repeated her “script” that it was only labeled like that and she didn’t know anything more than that. Why bother calling customer service if they don’t have access to more useful information? Can’t they give more detailed descriptions of their transactions so we aren’t so confused?

Anyway, I can only wish the exchange rates weren’t so “good”.

By: Jeric

Jeric — Mon, 18 Feb 2008 13:38:03 +0000

@Andre

Unionbank doesn’t.

By: Andre

Andre — Mon, 18 Feb 2008 12:59:37 +0000

so banks are still deducting a fee even if you are sending over PHP 7k?
I was hoping there would be none of that. Anyway in the end it seems better than Xoom’s rates and fees? Did you check what the Xoom exchange rate was for that day?

By: Alex

Alex — Sun, 17 Feb 2008 09:45:43 +0000

Hi Yuga! I’m recently a victim of the “Limited Account Access” due to a supposed “suspicious activity regarding the receipt or withdrawal of funds.”

Here’s my story:

http://alexmaximo.com/2008/02/paypal-took-my-money/

Any tips on how I could get full access back? Or at least get back the amount that I still have in the account which is still of significant amount($XXX.XX).

By: Dexter | Techathand.net

Dexter | Techathand.net — Sun, 17 Feb 2008 04:43:23 +0000

Withdrawing in Credit card will be better if you are going to use your card to purchase. But if you need cash it would be better to get the payment via Local bank so that you don’t have to pay a cash advance fee when withdrawing your money thru Credit card