I tried to log on my PayPal account a while ago to confirm what kuya James posted on his blog, Pinoy Money Talk, and indeed, PayPal funds can now be withdrawn to Philippine Bank accounts.
A really great news, right? But not a very good news for me because I’ve already paid 350 pesos for my UnionBank EON account registration fee. If I only knew PayPal was opening this feature to the Philippines, amf.
Now, we can enjoy withdrawing funds for a lower fee. That’s a cheap PhP 50.00 fee for withdrawals lower than PhP 7,000 COMPARED to the $5.00 (more or less PhP 200.00) withdraw-to-card fee.
Ooops, I’m running out of words so I’ll discuss kuya James’ post.
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Pinoy Money Talk is one of the first, probably the very first, to break this news to the blogosphere but expect other sites and blogs to write about this without giving us credit although they got the news from us. LOL. –Pinoy Money Talk
Is this reverse psychology? Hahaha. I’m sure you’re gonna gain some Technorati authority with this.
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P.S. I’m sure some people will again claim that this recent development was a fruit of their labor and lobbying. Cut it out people, PayPal offered this because they saw what a big market the Philippines is for them. It’s not only you who have been long clamoring for this. With or without you, PayPal will certainly offer this anyway! –Pinoy Money Talk
I’m with you. I used to join online petitions for the full expansion of PayPal’s functionality in the Philippines. LOL!
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To my other readers there who got lost of the post’s flow, GOOD LUCK.
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Whoa, PayPal has a new favico. 
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waaaaaaaaaaaaaaaaaaaaaaa!!!!
nice nice,.. pwede ko na kunin pera ko for free!! yay!
Reverse psychology ba? At least it worked. Haha. Actually, last time we were also the first to break the news about the Receive PayPal feature, pero yung iba ni-lift lang yung article namin without even linking back. At least ngayon, yung iba nagbibigay na ng credit hehe.
This indeed is a very nice development. Wishing you thousands of PayPal funds soon!
Malas ko tlaga…kung kelan pwede na sa local banks saka ako nag apply for a card. Pero okay lang…may advantage pa rin naman cguro yun kahit papano!
See you in Marbel!
@kuya ayel: Yeah. Mas okay ang debit cards than credit card. Ang credit card, nagkakautang ka. Sa debit card, pwede kang makatipid (pwede gawing savings account eh).
This is a good news for all of us. Actually I received an email too about this information. Anyway thanks Mikko and to Pinoy Money Talk.
Hey Conrad, when I have already a bank account, do I need to have a debit/credit card to use Paypal?
Hi Kevin.
You don’t need a debit card anymore.
But how do I get verified?
[...] [...]
I tried withdrawing from my paypal account into my bank account but there was an error field. It says I had to enter my credit card’s last 4 digit number. I don’t have a credit card. Paano ko i-verify ang account ko without a card para maka withdraw na ako?
Hi there,
pwede ba ako mag withdraw sa paypal gamit lamang ang bank account ko kahit di pa naka verify ang credit card? please answer me po magdamag na ako nag hahanap ng katanungan sa net la ako mahanap. you can also email me po if it’s okay so i can easily notice na meron kanang response. salamat
rafael.. sa tingin ko hindi ka pwede mag withdraw from paypal to your bank account. tingnan mo yung limits nila… nakalagay “Your withdrawal limits is $0.00″ so need mo talaga na ma verify muna ang paypal mo to be able to withdraw. kung hirap ka makakuha ng credit/debit card para ma verify account mo. Try to use smart monet card pang verify lang naman… kung may tanong ka pa click my name.