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 Website: www.sendmethecard.com from Chase Bank
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i dont believe paypal is secure. i work for a us bank and i have seen a lot of fraud internet trxns right after a paypal trxn
unionbank eon sucks!!
there should be another way for students to get a debit card for paypal. X/
Guys MasterCard(CreditCard) from philippines Can verify your paypal account but not to withdraw your funds.If you withdraw your funds using your mastercard the funds will be authomatically credited to your mastercard and this means you do have advance credit/payments to your creditcard.
You can use the credited amount to your creditedcard by purchasing of goods. It is not convertable to Cash since that is the major policy of MasterCard philippines, this will depend also to the financial institution where you applied CreditCard as far as i know BPI, Metrobank, BDO, CitiBank, East-west Bank, and other financial institution which is registered to MasterCard.Remember that you can withdraw cash to your mastercard(creditcard) if you have requested Peronal Identification Number(PIN) for your cash advance but service charge will be applied. Visa is possible to verify your paypal account and also withdraw your funds since visa has its double authomatic features “Credit” and “Debit” which means convertable to Cash when something is credited to your Visa unlike MasterCard the credited amount will be holded to your account/ account statement.
So if still you do not have your PIN for your mastercard you can request this to the financial institution where you maintain your account. Processing of your PIN will takes very long just be patient…
I hope you learn? Good day
I can’t verify my metrobank visa..i have verified my mastercard already but after i knew that it cant be converted to cash, i opted for my visa.
i just want to ask something coz i’m still kinda confused about this one.. for example a friend of mine from US sent some money to my paypal here in the Philippines, how do i withdraw it? what kind of bank account or credit card should i use?