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PraKs
03-10-2007, 07:28 PM
PayPal announced new funds withdrawal functionality to withdraw PayPal money to credit card, debit card, or prepaid cards in 26 countries. The process only takes 3 easy steps.

The new feature is great for PayPal members in the countries where previously can send money but had limited ways to receive or withdraw money. Example: Previously, Malaysian PayPal members can only send or receive PayPal funds but no official way to withdraw the funds. Now, they can withdraw their funds to their card.

The new functionality is available in: Argentina, Brazil, Bulgaria, Chile, Cyprus, Estonia, Gibraltar, Iceland, Indonesia, >>> India, Israel, Italy, Latvia, Lichtenstein, Lithuania, Luxembourg, Malaysia, Malta, Philippines, Romania, San Marino, Slovakia, Slovenia, Turkey, UAE, and Uruguay.

Withdraw PayPal funds to your card

Before you can withdraw PayPal funds to your card, you need to add a valid debit, credit card or prepaid card to your account.

The PayPal website stated that you can withdraw PayPal funds to both Visa and MasterCard cards but the official blog stated that the new withdrawal function is only available to Visa-branded cards. But I believe MasterCard cards will be supported soon.

Each withdrawal cost $5 USD. Minimum withdrawal amount is $10 USD

Maximum withdrawal amount per day is $500 USD. The processing time takes 5-7 business days.
sting
03-10-2007, 07:35 PM
Thanx for the news man.. good info
ravi_9793
03-10-2007, 07:44 PM
great news..i still have a unverified paypal account.

Please mention news source

I have maestro debit card.can it be used???
Sukhdeep Singh
03-10-2007, 09:32 PM
Oh, yes. I can see it in my Paypal Account. Strange the didnt send any emails regarding this new feature. Anywayz thanks for informing, shall try to withdraw in a few days :)
╬Switch╬
03-10-2007, 10:07 PM
Thanks man.. thats really nice to hear cause I could't wait till my funds reached $150..
Now all I have to do is get my credit card.
Or can I have it verified with my father's card?
Sukhdeep Singh
03-10-2007, 10:26 PM
Or can I have it verified with my father's card?

Dont think since name must match the one u have the account :)
Ankur Gupta
03-10-2007, 10:37 PM
^^I dont think so..
Xoom had that condition..
Will have to mail Paypal for a confirmation..
Very nice move by Paypal though...Xoom gonna suffer a lot due to this...
gary4gar
04-10-2007, 01:21 AM
i don't have Credit card:(
but have a VISA debit card can i use it to put some funds into my paypal account??

i tried with m debit card and got this
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.
satyamy
04-10-2007, 01:53 AM
i don't have Credit card:(
but have a VISA debit card can i use it to put some funds into my paypal account??

i tried with m debit card and got this

see this
http://pages.ebay.com.sg/sea/paypal/withdraw.html#2

Really Owesum News
Thanks for Sharing

ya its very strange they dont even gave an email notice :(