Paypal members in the Philippines and Indonesia gets a very early new year's treat with the introduction of direct local bank withdrawals made effective yesterday. I an email announcement to all users on both South-East Asian countries, Paypal will now accept funds in their respective local currencies. This is now possible for Paypal members in Indonesia and the Philippines on top of the existing methods (credit card, debit card or prepaid cards). For Indonesian users, withdrawals of IDR1.5 Million (Indonesian Rupiah) or more are free. If you still have a US-based Paypal account, withdrawals to a US-based bank will incur a $5 fee. The "almost complete" feature was delivered by the eBay subsidiary in the Philippines (including neighboring ASEAN countries such as Malaysia and Indonesia) in just a span of 4 months after it originally made the news last September 2007. The only other lacking feature is being able to fund your Paypal account with your local bank account. Otherwise, this development has finally concluded the expansion of Paypal in these parts of the region. Read more in our articles including "Philippines & Indonesia gets Local Bank Withdrawals from Paypal" and "Disputing Unauthorized Transactions on Paypal".
Paypal members in the Philippines and Indonesia gets a very early new year's treat with the introduction of direct local bank withdrawals made effective yesterday. I an email announcement to all users on both South-East Asian countries, Paypal will now accept funds in their respective local currencies.
This is now possible for Paypal members in Indonesia and the Philippines on top of the existing methods (credit card, debit card or prepaid cards). For Indonesian users, withdrawals of IDR1.5 Million (Indonesian Rupiah) or more are free. If you still have a US-based Paypal account, withdrawals to a US-based bank will incur a $5 fee.
Our coverage of paypal indonesia includes: "Philippines & Indonesia gets Local Bank Withdrawals from Paypal"; "Disputing Unauthorized Transactions on Paypal"; "PayPal to GCash: How to Transfer or Withdraw Money". Each article provides unique insights and information.