Finally! Verified Paypal
A lot of bloggers had written about the success of Paypal withdrawals in the Philippines; I stumbled on a lot of these when I had to figure out how to withdraw my earnings from my Paypal account – to do this in the Philippines I need to have a verified Paypal account first.
I think that getting a Paypal account to work along with Payoneer account is good so that I get to have my earnings if one withdrawal method fails. In case there is a problem with Payoneer, then I can still have my funds from oDesk through another source. I’ve written about the comparison between the different withdrawal methods used in oDesk.
Here in the Philippines, a verified Paypal account is needed to be able to withdraw Paypal funds to any Philippine bank account and even purchase from online sites.
How did I able to get a my Paypal verified?
I was successful in using two cards for this:
The oDesk Payoneer card is a debit Mastercard which I find flexible in many ways. Aside from using it to verify my Paypal account, I used it for internet transactions and POS purchases in groceries and malls around town. Withdrawal through any local Mastercard ATM is possible too.
The Paypal EXPUSE number is a number attached to the $1.95 amount that Paypal deducts from the credit or debit card for verification. According to Paypal, the number can be seen in account statements, but in the case of my Unionbank EON card, the EXPUSE number did not appear on my account statements – a call or an email to the bank’s customer support is necessary for them to say what has been the EXPUSE number provided with the account.
If you happen to use a debit card for verification, be sure to load the card with $1.95 or at least Php 100 for Paypal to properly debit the account. The deducted amount from the card, if successful, goes to the Paypal account so you have nothing to lose. If verification was not successful then the funds are credited back to the card.
dulcedelimpieza
November 11th, 2008 at 2:10 pm #
hi ate gem,
the other day meron akong naka-chat about his bad experience with paypal…twice or thrice na cancel yung account nya,,though he was able to retrieve it but the sad thing is his money is GONE…
what’s the best thing to do to protect our money in paypal?
Gem
November 11th, 2008 at 2:54 pm #
That’s sad. Most sites pay out using Paypal.
Maybe this post from my other blog can help; it is a lot related to securing online transactions:
Avoid the Email Phishing Trap
dyann
November 17th, 2008 at 8:40 pm #
hello, if i load my payoneer card through my odesk funds para maverify ko paypal ko, magrereflect ba agad yung amount sa payoneer account ko?
Gem
November 19th, 2008 at 7:24 am #
@dyann
Yes it is easier than using EON card. Verified agad.
dyann
November 19th, 2008 at 2:42 pm #
i mean pag nagwithdraw ako ng let’s say $12 from odesk to payoneer, ung $12 magrereflect na agad sa payoneer ko or maghihintay pa ng ilang days bago magreflect?
gagamitin ko kasi pang-verify ng paypal.
Gem
November 20th, 2008 at 1:09 am #
@dyann
Once na may funds ang oDesk account mo, instant na may email ka from Payoneer to load the funds. Should take 2 hours loading, kung opt mo bayaran ang immediate loading fee of $3, if not, then 2 days ang hihintayin mo.
Nakagawa ako ng isang page summarizing my past posts on oDesk, Paypal and Payoneer: hope you visit this, most likely marami kang questions dito – One stop oDesk corner
Hope that helps.
faith
July 29th, 2010 at 10:03 am #
Hi!
I am really confused here. Can I withdraw funds from my bpi atm card? ung atm card ko is my payroll account from work but do i really have to link a credit card pra mkpg withdraw? Buttom line po, pwd ko po bng gamitin ang bpi atm ko for paypal account? thanks po