Sign up for Paypal in the Philippines!. You can withdraw an amount not exceeding $500 per month to any debit, credit card or directly into your Philippine bank accounts. You will just need the bank codes and savings account number.
At long last, Paypal’s promise to allow receiving funds into Philippine accounts have been fulfilled. Just today, reports have been circulating in the previous post here about the development.
I did a money transfer from an old and verified Premier account into my new Philippine Paypal account and it works. From the Paypal Help Pages, the Philippine flag is now displayed under “Send. Receive. Withdraw to a U.S. Bank Account or a card.” along with 22 other countries.
The new status allows for: Send and receive payments in these countries. Withdraw from your PayPal account to a U.S. bank account. In addition, withdraw to a credit, debit, or prepaid card in countries marked with a (
). No withdrawals from local banks still though. And no cheques too.
I believe this development will further push activity in eBay Philippines as well as enable eBay users to get more secure transactions. The question whether eBay PH will start charging monthly subscriptions is yet to be seen but I suppose that time might have already matured.
It would be very interesting to see how this new development will affect the local e-commerce industry as well as Filipino’s socio-cultural fear of transacting online. I’m sure SMEs will be very happy with this though. Paypal only started allowing Philippine-based accounts about 11 and a half months ago and reports of a rumored full Paypal support were spreading 9 months ago.
So, if anybody wants to donate money to the YugaTech Sponsor-a-Contest campaign, see my Paypal account above. 
Related Link: www.sendmethecard.com from Chase Bank
hehe. magkasunod lang tayo sa pagpost
now, how do you withdraw the money? Sabi nila, thru US account or debit card. I tried the BDO ATM card, yung international version nila (Mastercard Electronic), di ko maregister. So, which debit cards are supported?
It’s US based credit cards and debit cards. I think they mean, credit and debit cards issued in the US.
so it means that if i transfer my ad earnings to Paypal, hindi ko na mahahawakan yun at kailangan ko na lang ipambili online? ganun ba?
I tried enrolling my credit card issued here in the Philippines for verification. it works!
Yup, to get your account to Verified status and join the Expanded Program, you’ll need any int’l credit card. A verification number will be printed in your statement and you will have to enter that 4-digit number in your Paypal to complete the verification process.
@Marhgil
try Citibank and iBank
thanks people! i think, the problem is Mastercard Electronic, it’s different from Mastercard. I think, I should convert my BDO ATM card to this one.
so then from PayPal you can send your money to your PH bank account using Xoom
So when you want to withdraw your funds from your Paypal, it will be deposited to your credit card account?
Great news! Wow! So this means we’ll start seeing local blogs with “make Paypal donation” options? Joke lang.
Let me make a donation to the Yugatech Foundation to try this new Paypal feature out. Magkano ba kailangan mo? $500? $1,000? Hehe.
May list na po ba ng lahat ng supported credit and debit cards?
I look forward to deposit in our local banks. But yes, I am happy with this progress. The other features will soon come.
Parang nung isang araw lang tinanong ko kung pwede bang makareceive ng payment through paypal dito sa pinas tapos ngaun pwedeng-pwede na. Tnx sa info.
Guys,
May tanong lang ako.Naka receive ako ng cheque from revenuepilot…i think it’s a HSBC one.Pwede ko kaya ito i claim sa BPI or any bank here except HSBC(Coz HSBC is too far from my place).
Thanks!
Hi Abe, just you can withdraw from locally issued credit, debit, and prepaid cards just not “Local banks”.
It says: ( https://www.paypal.com/row/cgi-bin/webscr?cmd=_display-approved-signup-countries-outside )
Countries marked with a dagger-sign can withdraw to a credit, debit, or prepaid card issued in their countries, which includes the Philippines.
I can confirm this already:
Visa Credit Card for Metrobank accepts PayPal withdrawals.
Mastercard Credit Card for Metrobank do NOT accept PayPal withdrawals.
A friend of mine with Visa Electron can withdraw also, but a Mastercard debit card can not.
It seems that Philippine-issued Mastercards can not receive withdrawals of PayPal money, but Visa does (well Visa > Mastercard when it comes to availability).
Prepaid card… do we have one? Unless we consider Smart Money - type of cards as “prepaid cards” and not “debit cards”. In any case, if I have time tomorrow, I will drop by a Smart center to ask them if Smart Money accepts PayPal withdrawals.
Also, could someone with a BPI Express Credit test it out as well?
you have to open an account with that bank you mentioned and then deposit the check you received.
that reply above is for xpressmusic
I missed that part. Thanks JC for the clarification.
Thanks for the info.. Showbiz Intriga? Get It From Boy!
np ^_^
have to wait now for the processing period to finish and see. As far as PayPal transfer is concerned, it went through. It is now the card issuer-side to confirm.
I asked my ex-colleague with an HSBC Visa and MasterCard to test it himself, waiting for an update…
that’s really great news!
but, how exactly do you withdraw money from a credit card??
Ok to ah.. At least we can now transact via paypal.
@Danna
That’s the question. I was told it is possible in the West, but here in the Philippines, I’m not sure. When I talked to MetroBank some years ago, they said it will instead be deducted to your balance, or if you have no balance, it will serve as an “advance payment”.
Regarding “advance payment”, banks nowadays do not hates it - they will fine you for over-paying or advance paying. That’s what Metrobank did to us :/ (Will be moving to BDO and HSBC anyway..)
Its seems like the Philippines is finally getting somewhere online and companies abroad are starting to notice us.. finally!
@JC,
Really? That’s ridiculous. The banks earn interest if you give them your money before it’s due!
How about if you will use a debit card? Where will the money you withdraw go? Directly to your bank account?
Sinong nakapagtry ng Unionbank EON card? I read somewhere puede daw i-withdraw dito? Can anyone confirm this please?
It really is strange. I saw it from the paypal website quite a while ago that the Philippines can send/receive funds. However, I had read a few blogs in the past which states you can’t. Was it just recently then that it had been approved. How bizaare.
Anyway, this is all good news to the Filipinos in the Philippines. Make the most of this ooportunity. Anyone who wants to start an online business, this is
your chance as paypal is really used and well accepted worldiwde.
That’s great news! I believe this will only fuel Ebay trading. Very good for the economy!
adsense pay via WU, now send and receive via paypal. what’s next? woooo. this is so sweet.
How about Ikobo prepaid cards? U.S. based debit card yun. Dapat it should work with Paypal. But when I tried verifying my Ikobo account, hindi tinanggap. Something to do with Bank issuer being blocked by Paypal. I emailed Ikobo customer support for clarification. Will feedback their reply once I got it.
If Ikobo would work, mas maganda!
Has anyone in the Philippines tried to open a bank account with ingdirect? Are you able to transfer funds to and from your Philippine bank? If so, that could be a workaround.
does Citibank master/visa card accept paypal withdrawals?
Nice to hear love it…
How bout sending the money you received in your local Payapal account to Xoom? Pwede ba yun para macash out mo yung money sa Papypal account mo?
Paypal is pang masa while payeasy, like so many other pinoy web services, they cater only to the deep pocketed -Pinoy elitest and colonial mentality finding its way to the net. Imagine if paypal charge 25,000 - 40,000 to use their service like Payeasy? Payeasy folks just don’t get the internet.
Addeed my UnionBankPH EON Visa Electron ATM (debit) card to Paypal, and it was accepted.
Just to clarify, I’m quite new to this. ^^
If I apply for a UnionBankPH EON Visa Electron ATM (debit) card, that would mean I could immediately use that to receive AND withdraw funds via paypal, and I don’t have to acquire a US based bank account?
Hope to receive an answer soon.
Thanks!
Just to clarify, I’m quite new to this. ^^
If I apply for a UnionBankPH EON Visa Electron ATM (debit) card or UnionBankPH EON Cyberaccount, that would mean I could immediately use that to receive AND withdraw funds via paypal, and I don’t have to acquire a US based bank account?
Hope to receive an answer soon.
Thanks!
@ jasmine
yes, just attach your eon debit card to your paypal account,verify it, and voila! you can withdraw your paypal funds using your eon cards in any bancnet atm machines
Im thinking about using a SMART MONEY for paypal verification? pwede ba yun SMART MONEY?
What type of account did you open guys? pagkakaalam ko kasi ang personal is limited..
Hiya guys,
Finally Philippines, Malaysia and most asian countries are able to withdraw from Paypal.
Congrats to you and happy making money. I now can concentrate on helping others with their clickbank problems.
Check out my blog for more info
Matt Ng
Do you think we can use the PayPal Plus Credit Card here in the philippines?
has anyone been successful enrolling an HSBC Visa credit card?
Hi guys. This is good news to filipino bloggers.
I’ve just encountered problem in verifying my Unionbank Eon Visa electron debit card. I already added this card to my paypal account. Paypal charge $1.95 but it will be returned or be credited to your paypal account once you’ve verified your debit card in paypal. the problem is in my unionbank eon online checking of my transactions,I can’t see the paypal 4 numbers that can be located in the transaction details of description where the $1.95 is deducted.
Anybody here, successfully verified your unionbank EON visa electron debit card in paypal? how did you obtain the 4 numbers from paypal?
So ano maganda gamitin? EON or BDO ATM Card? I am confused…I have a friend who said na EON does not give the bank statement required to verify the account…How about BDO?
Pedi ba? Please help!
@charles: You will see the 4-digit security code from Paypal thru your EON online banking facility days after you made the transfer of US$1.95 or so. I think, I saw my 4-digit Paypal code after 15 days of the transaction.
Wow! That’s great. I now no longer need to disturb my friend from US for processing the payments.
If you guys want to get a credit/debit card just for the sake of paypal withdrawals…
I suggest that you just get a debit card rather than a credit card, Unionbank EON electron visa debit card’s annual fee is 350 pesos only, imagine how much is the annual fee for a credit card
I used to have an Equitable Visa Electron, but I don’t know if that’ll work given its merger with BDO. Ok sana yun kasi walang charges.
Thanks for the info guys. Will see to getting an EON card soon. If anyone can give other debit cards na pwede, thanks
@Slow, From what I understand, the eon card transactions can be viewed online. You just have to have them activate the online account option. Correct me if i’m wrong guys.
Also, has someone already withdrawn a Payment from Paypal? As in withdrawn the money afrom a debit card here in the Philippines?
I used and verified my BPI Express Credit Card (Mastercard) just now.
Hello!
I have a verified BPI Express Credit (Mastercard) Premier account with Paypal. Unfortunately, I am informed by Paypal that the card cannot be used to withdraw funds to.
Anyone else with similar experiences? Any suggestions?
so has anyone successfully used HSBC Visa with Paypal? Unionbank EON lang ba talaga ang pwede for withdrawals?
HSBC Visa Credit Card is accepted, and withdrawal of fund is enabled. I just don’t know how I will withdraw it, some people say it will be credited as an “advance payment.” I still need to check how it really works.
Two words: ALL RIGHT!
@marhgil
wow that’s great! definitely good news for HSBC peeps. sana lang pwede syang ma-withdraw as cash and not be credited as an advance payment.
guys how bout bpi express international?yung debit card pwede ba yun?or yung smart money?
@bee120805 refer to comment #52 “I used and verified my BPI Express Credit Card (Mastercard) just now.”
ai inde dennison wat i mean is bpi debit card.
That’s good news po!
however, how do I receive funds from my pay per post and blogsvertise account? They are asking for my papypal id. Is the paypal id the email also?
P.S I’m a premiere paypal account holder. Blogvertise send me $20 last july but it’s not yet reflecting on my paypal po.
Thanks!
This is really great news. Amazing!
Can Unionbank’s Eon card be used to verify the PayPal account?
Thanks.
I know, Chinatrust regular savings account with a minimum depost of P5,000.00, offers a Visa Debit and ATM card.
I was thinking of opening an account to Unionbank just for the use of paypal withdrawal but i read that their minimum balance is P 10,000.00.
I have an existing BDO account, its International ATM mastercard electron card didnt work when i tried to register it to Paypal. And so, i called the BDO call center to in inquire if its possible to apply for the BDO Mastercard paypass ATM instead. Yes it is. I just need to go to my branch and pay P 100.00. It this card will not work as well, then, i guess, that’s the time that i will open an account to Chinatrust.
This is really a Good News to all of US.
Pros
We can now withdraw using EON Cyber Account.
Visa rocks, I dont know with mastercard.
Cons
Liit naman ng withdrawal limit nila per day
$500 lang taz $5 ung charge. Huhuhu
To katya_alex:
You can use Unionbank’s EON Cyberaccount. It is not the same as Unionbank’s regular savings account. The maintaining balance, initial deposit, and other features are different.
It appears that EON can be used to verify. I reread the entries above. I hope someone can second it. Can’t wait to have my PayPal verified with EON! =)
@Clarise
Yes I can testify that EON CyberAccount can be verified in PayPal.
Try nyo ang E-ON ng Union Bank… it works… me charges nga lang ung pag transfer ng fund… pero it works…
Yup! Yup! UnionBankPH EON Cyber Account works with PayPal. No maintaining balance nor initial deposit required to open an EON account, I think you’ll just have to pay for the ATM/Debit card itself, and the annual fee of around Php250.
For those who are planning to use EON Cyberaccount but doesn’t have an existing card yet. Habaan nyo ang pasensiya nyo pag nag-apply kayo. Walang kwenta ang proseso nila. Naturingang cyber account, pero kailangan mong magpunta sa branch, maghintay ng 48 hours for activation, magdeposit ng amount, maghintay na mapadala ng branch yung information sheet na pinapirmahan sa iyo sa branch dun sa head office nila which is in CEBU daw. Walang kwentang sistema.
Thanks, Charles!
@ Arnold:
The deposit is for the 350 pesos annual fee. I suppose it can be done easily via ATM transfer from one of your existing bank accounts or debit cards.
However, I would have to agree that the whole process of having the EON card getting to work is quite awkward. The card’s activation time of 48 hours is acceptable, but waiting for more time before the online registration worked is another thing. I would have thought it is a fast process after the card has been activated.
I haven’t encountered yet that thing about the information sheet, though.
Anyway, this is better than having no way to receive PayPal funds at all. To those using BDO’s debit or VISA cards, what are your experiences? Does it take a lot faster before the card can be used compared to Unionbank’s EON?
I already got my EON card and its already activated. I tried to include my EON debit card to my paypal account but this error came out:
“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.”
I guess this has something to do with the waiting for more time before the online registration works eh? Am I right? How long would this probably take? Has anyone experienced this?
Talk about getting excited. HAHAHA! I want this to work asap and start on the money making opportunities online that I have been dying to try for a long time!
Can I use my fund to send money or to purchase online even if i’m not verified?
Nevermind, i made my first purchase! Yay!
A friend initiated a withdrawal from Paypal to Unionbank EON last 2 weeks ago but funds aren’t available yet until now.
So, it’s really that long to wait! Has anyone already withdrawn Paypal to VISA/cash?
Since Mastercards from BPI can be verified but NOT to receive funds (my experience), I decided to send the money to myself using my XOOM account, because they have the option to send money using Paypal. I used my Paypal account in conjunction with that. HOWEVER, when I tried sending money, a day later I received an email from Paypal that Xoom has refunded back my money to Paypal, with the explanation that it was for the protection of the customer (the sender of the money).
Any similar experiences?
@ gerry ,
I have the same experience with Xoom it happen 3 times already.. I think they are not into small amout.. Itried to do US 100 and it fails..
@gerry
xoom doesn’t offer intra country transfer of money,
I think that’s why the fund was refunded
I tried sending xoom to somebody here in the Philippines and it failed and the amount was refunded to me. I think it is not because of the amount Dexter because I have been receiving xoom payments as small as 30 dollars. J is right xoom does not offer intra country transfer of money. Try sending your paypal funds to a paypal account holder you know outside of the Philippines and let them send the fund via xoom for you. It will work
Tanong ko lang, nag sign-up po ako sa paypal but hindi sa pilipinas and my status is unverified because wala akong ini-add na credit card coz i have no cards. Tapos and blogsvertise nagpadala ng pera sa akin payment for blogs. Ano pong gawin ko para ma transfer yong money to my account. I have an International ATM Card from Banco de Oro Mastercard Electronic. Sayang din yong binayad sa akin ng blogsvertise up to 14 Nov. lang yong para kunin yong money.
Please help me to solve my problem, coz marami silang pinagawa sa akin yong blogsvertise pero wala na akong gana because of that problem na hindi ko makuha yong money ko. Actually, I have no account for paypal philippines.
Please advise.
I have a problem. I have an account for paypal u.s. but unverified pa coz they are requesting a credit card but I have no credit card. Blogsvertise send me a money thru my paypal u.s. as of now wala, hindi ko pa nakuna. Pwde ba e transfer nalang yong money thru my International ATM Banco de oro Mastercard? Kasi ang tagal nila sa akin up to 14 Nov. 07 para kunin yong money. If hindi the money will return to blogsvertise.
Please help me to solve my problem.
Pwede bang mag sign-up ako sa xoom para ma transfer yong diniposit ng blogsvertise sa paypal u.s.? Free ba ang sign-up sa Xoom? Pwede bang ang ibigay ko na card pag sign-up ko sa Xoom is yong International ATM Card Banco de Oro Mastercard?
Please advise.
Thanks
nice suggestion rhodilee,, The problem I don not know someone..:) I will just wait for my credit card to arrive here..
Update on my successful withdrawal from PayPal to my UnionBank Eon CyberAccount
@ Janette:
You can receive xoom without you necessarily having to submit a bank account kasi pd mo naman i pick up ang pera but if your purpose with xoom is to receive your blogvertise payment via paypal, di pwede yun because you cant send a paypal fund to xoom if you cant receive it. You can also read other comments in this post.
The best you can do is to tell blogvertise about your situation that you cannot receive funds yet because your status is unverified. Ask them to refund (I think that is possible) their payments and hold the payment until ma verify ang account mo.
kapag magdedeposit po sa EON card ano ung ginagamit? ung 12 digit or ung 16 digit?