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 Item: www.sendmethecard.com from Chase Bank
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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