Now You Can Withdraw PayPal Money to Debit, Credit Cards

Filed in: E-commerce Solution, PayPal — October 2nd, 2007

PayPalPayPal 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.

withdraw paypal funds to credit card
Image: withdraw paypal funds to credit card

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.

Check PayPal Offerings Worldwide for updates.

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 (check other currency limits). Maximum withdrawal amount per day is $500 USD. The processing time takes 5-7 business days.

My two cents

This is a great news for those “PayPal Limited Functionality Countries” such as Malaysia. We have waited for this for years! Ever since PayPal started accepting Malaysian registrations in 2004, PayPal funds withdrawal was a feature we always asked for.

Malaysians local PayPal funds withdrawal functionality was promised in the Ebay Explained 2006. I am glad that they cashed their promise now. :)

[hat tip: jimmychin, Wayne Liew, KennyP, Rammel Firdaus, Zaiful Zin, and enches]

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  • Geoff

    I have a mastercard debit card attached to my paypal account and have tried to place ads on sites in the US to sell products. I’ve used the card to purchase items before but when i tried to place the ads i got a message saying that i couldn’t process this payment with a credit card at this time?
    I contacted paypal and they said that their system recognises a pattern of transcations with certain cards and when the type of transaction changes, the system blocks it?
    I’ve since added another card but i’m worried this will happen again. Subch a pain in the ass. Does Paypal Singapore apply more restrictions than other countries?

  • Geoff

    I have a mastercard debit card attached to my paypal account and have tried to place ads on sites in the US to sell products. I’ve used the card to purchase items before but when i tried to place the ads i got a message saying that i couldn’t process this payment with a credit card at this time?
    I contacted paypal and they said that their system recognises a pattern of transcations with certain cards and when the type of transaction changes, the system blocks it?
    I’ve since added another card but i’m worried this will happen again. Subch a pain in the ass. Does Paypal Singapore apply more restrictions than other countries?

  • http://beautybang.co.cc/ Beautybang

    Hai Liew,
    I am going to sign up a paypal account , I found they offer 3 types , personal , premier , business.

    I want to receive money from adsense earning , so which type of account I should apply ?

  • http://beautybang.co.cc Beautybang

    Hai Liew,
    I am going to sign up a paypal account , I found they offer 3 types , personal , premier , business.

    I want to receive money from adsense earning , so which type of account I should apply ?

  • LcF

    @Beautybang: Adsense do not send money to PayPal account. You will receive adsense payments by cheques or western union for some countries.

  • LcF

    @Beautybang: Adsense do not send money to PayPal account. You will receive adsense payments by cheques or western union for some countries.

  • Alixi

    Dear LcF,

    Is it true that there is a limit of 5 withdrawal per annum from Paypal to our Debit Card/ Credit Card?

  • Alixi

    Dear LcF,

    Is it true that there is a limit of 5 withdrawal per annum from Paypal to our Debit Card/ Credit Card?

  • http://www.beautybang.co.cc/ Beautybang

    Thank for the info Liew. I also run adbrite advertisement at my blog , it pay through paypal. So….may I know which type of account I should apply ?

    If not mistaken , premier , business account is not free.

  • http://www.beautybang.co.cc Beautybang

    Thank for the info Liew. I also run adbrite advertisement at my blog , it pay through paypal. So….may I know which type of account I should apply ?

    If not mistaken , premier , business account is not free.

  • http://www.beautybang.co.cc/ Beautybang

    One more question , let say if I sell somethings in Ebay , and want people to pay to my paypal. So which type of account to use?

  • http://www.beautybang.co.cc Beautybang

    One more question , let say if I sell somethings in Ebay , and want people to pay to my paypal. So which type of account to use?

  • Jimmy

    May i know whats handling mean? Everytime i saw people stated about shipping + handling? Is it something to do with paypal?

  • Jimmy

    May i know whats handling mean? Everytime i saw people stated about shipping + handling? Is it something to do with paypal?

  • LcF

    @Jimmy: “handling” is the fee that the seller handle your item, such as wrapping, get it from stock, office works, etc. It has nothing to do with paypal.

  • LcF

    @Jimmy: “handling” is the fee that the seller handle your item, such as wrapping, get it from stock, office works, etc. It has nothing to do with paypal.

  • LcF

    @BeautyBang: a personal paypal account should be enough for you. premier and business paypal accounts are free to apply but charge fee in per transaction.

  • LcF

    @BeautyBang: a personal paypal account should be enough for you. premier and business paypal accounts are free to apply but charge fee in per transaction.

  • http://www.looiformoney.com/ Jeremy

    Bro liew,

    You are doing great! you know everything about it. Bravo Man!

  • http://www.looiformoney.com Jeremy

    Bro liew,

    You are doing great! you know everything about it. Bravo Man!

  • http://www.beautybang.co.cc/ Beautybang

    Oic , thanks Liew. You help me a lot .

  • http://www.beautybang.co.cc Beautybang

    Oic , thanks Liew. You help me a lot .

  • Jimmy

    Thanks Liew.
    One more question…Do I still need to pay any charges to public bank other than $5 USD withdrawal charge from paypal when I withdraw my money from pb atm?

  • Jimmy

    Thanks Liew.
    One more question…Do I still need to pay any charges to public bank other than $5 USD withdrawal charge from paypal when I withdraw my money from pb atm?

  • LcF

    @Jimmy: there is no other charges from Public Bank when you withdraw PayPal money from PB DEBIT Card

  • LcF

    @Jimmy: there is no other charges from Public Bank when you withdraw PayPal money from PB DEBIT Card

  • Amar

    I liked It this is a very good news

  • http://NONE Amar

    I liked It this is a very good news

  • ghost2472

    MAKE YOU THOUSANDS OF DOLLARS VERY EASILY AND QUICKLY.

    I PROMISE YOU, if you follow the directions EXACTLY, you will start making more money than you thought possible by doing something so easy!

    SUGGESTION:

    Read this entire message carefully! Follow the simple directions and watch the money come in. It is that easy!
    It is completely legal. Your investment is only $6.00.

    IMPORTANT: This is not a rip-off, it is not indecent, it is not illegal, and it is virtually risk free! It really works! You will receive extraordinary dividends!

    You are investing in a business. Only in this business, your product is not solid and tangible. It is a service.

    You are in the business of developing Mailing Lists. Many large corporations are happy to pay big bucks for quality lists. But that's nothing compared to the money you and I make by asking to be on the list. You may receive emails from several advertisers, which can be annoying for some people.

    Here are the 4 easy steps to success:

    **REQUIREMENTS**
    1. an email address
    2. a Premier or Business Pay Pal account

    **IF YOU ALREADY HAVE A PAYPAL ACCOUNT, PROCEED TO STEP #2**

    **STEP #1 – Setting up your FREE Pay Pal account! -

    It’s extremely safe and very easy to set up a FREE Pay Pal account! Copy and paste https://www.paypal.com/ into your address bar. Follow the sign up instructions from there. Be sure to sign up for a free PREMIER or BUSINESS account, not just a PERSONAL account. PayPal's Personal accounts are limited to receiving no more than $500 in a month's period. PayPal will need your Credit Card or Check Card information, so they have a back-up funding source. This is just in case you make a purchase via your PayPal account, and don't have enough funds to cover the total. NOTHING WILL BE CHARGED TO YOUR CREDIT CARD OR BANK ACCOUNT WITHOUT YOUR CONSENT!!! I recommend you check the box next to “link my card to my PayPal account.” Otherwise, you will have to wait an undetermined amount of time before you can start sending money. Once PayPal confirms your email, your are ready to roll.

    **STEP #2 – Sending money via PayPal -

    “It is an undeniable law of the universe that we must first give in order to receive.”
    You will need to transfer $6 to your PayPal account if you don't already have it. You can do this instantly with the card PayPal has on file for you.

    To do this quickly:
    1. Login to PayPal and click on the “Send Money” tab near the top of

    the screen

    2. In the “Recipient's Email” field enter the email address

    3. In the “Amount” field enter “1″ (This is your $1.00 payment)

    4. In the “Category” field select “Service” (Keeping it legal)

    5. In the “Subject” field type “EMAIL LIST”, and in the “NOTE” field

    enter “PLEASE PUT ME ON YOUR EMAIL LIST”. By doing this, you are

    creating a service and maintaining the legality of the system by

    “paying” for the service.

    6. Finally, click on the “Continue” button to complete the payment.
    Repeat this step for each of the 6 email addresses. The Email addresses are as follows:

    *************************************************
    1) [email protected]
    2) [email protected]
    3) [email protected]
    4) [email protected]
    5) [email protected]
    6) [email protected]
    *************************************************

    **Remember, all of this is ABSOLUTELY LEGAL! You are investing in a business that provides a service!**

    If you have any doubts, please contact PayPal or refer to breastle 18 Sec.1302 & 1241 of the United States Postal laws.

    **STEP #3 – Adding Your Email Address to the List -
    Take the #1) email off the list that you see above, move the other addresses up one (6 becomes 5 & 5 becomes 4, etc) then put YOUR email address as #6 on the list.

    **MAKE SURE THE EMAIL YOU SUPPLY IS THE SAME EMAIL ADDRESS ON YOUR PAYPAL ACCOUNT.**

    **STEP #4 – The Pure Joy of Receiving PayPal Money! -

    You are now ready to post your copy of this message. It is recommended you post 200 copies of this letter to various newsgroups & message boards. Remember, the more you post, the more money you make – as well as everyone else on the list! In this situation your job is to make this letter visible to as many people possible, so they can start sending you money. You can start posting the moment PayPal confirms your email address.

    I'm sharing this with everyone because IT REALLY WORKS!

  • franso

    I have received about $125 from the free people search engine guy http://www.rimis.ws but i do not know how i can withdral the money please help?

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