In October 2009, the wait is finally over for PayPal account holders in Malaysia. PayPal has expanded its services in Malaysia with the introduction of support for payments in Malaysian Ringgit (MYR) thus allowing members to withdraw their PayPal fund directly to their Malaysia bank account. Those days of withdrawing the fund to debit/credit card and trading the fund at lower exchange rate in local forums are behind us.

How to withdraw?

Step 1 : Log into your Paypal account.

Step 2 : Under My Account, rollover “Profile” and click “Add/Edit Bank Account“. Click the “Add” button on the next page.

Step 3 : Fill in your bank account details and click “Continue“. Review the details of your bank account and make sure that the information is accurate. A return fee of MYR 15 will be deducted from your Paypal fund if your withdrawal request is incomplete or incorrect. Click “Add Bank Account” to register the bank account to your PayPal. A confirmation message will be shown.

Step 4 : To issue a withdrawal request, under My Account, click Withdraw. Fill up the amount you want to withdraw and click “Continue“. Review the details carefully then click on the “Submit” button. Done!

The fund will be in your bank account in 2 – 3 business days. Cool!

Do not have a PayPal account? Sign up now!

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PayPal will be launching a convenient way for its 164 million users to make payments at websites that do not accept Paypal directly. According to Reuters

The new software utility, called the PayPal Secure Card, recognizes when a user lands on an e-commerce checkout page and automatically helps the user fill out the payment form in a secure way that also offers stepped-up fraud protections.

In Google’s dominance era where virtually all companies are competing with Google, the introduction of PayPal Secure Card is said to be a move to provide answers to Google’s Checkout service.

So how it works? (taken from Reuters)

When a PayPal customer wants to pay for something on a site that doesn’t normally accept PayPal payments, users click a downloaded PayPal button on their browsers to generate a unique, single-instance Secure Card transaction number.

By residing on the PayPal user’s computer, Secure Card can detect when users visit e-commerce sites. The software then automatically fills in their stored financial information, requiring just a few more clicks to authorize a transaction.

PayPal stores no details on the local computer for security reasons. Instead, it logs Secure Card activity in the user’s account on central computers for safety and record-keeping.

My praise to Paypal for taking this initiative to make life more easier and convenient for its users and cleverly launching it at the right time when Holiday Shopping Season has just begun!

I received an email from Kontera (a leading provider of In-Text Advertising) today stating that they are offering payment through Paypal to Malaysian. WOW! Another great news for Malaysian publishers. First, Google Adsense offers payment through Western Union, then Paypal allows withdrawal through credit/debit card and now, Kontera offers payment through Paypal.

Here is one part of the email I received from Kontera:-

Dear Kontera Partner,

Did you know that we are offering payment through PayPal to Malaysia? With PayPal, you no longer have to wait multiple days for your check to arrive as it can be deposited into your PayPal account. Not to mention, you no longer have to worry about it being lost in the mail.

Start reaping the benefits of direct deposit and get your payments sooner! All you have to do is reply to this email with the following information:

1. Reference Number “XXXX”
2. Your Kontera Publisher Name “yourdomain.com”
3. Confirm that your PayPal email address is “info@yourdomain.com” or tell us if you use a different address for PayPal.

Please be advised that PayPal payments still follow Kontera standard payment terms.

…………

Thank you,
Kontera Technologies

Did a quick search on Internet and it seems that Kontera is also offering payment through Paypal to the following countries:-

1. Pakistan
2. Philippines
3. U.A.E
4. Will add more…

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