There’s Hope yet for Malaysian Paypal Users
There has been an unofficial change of policy for Paypal users in Malaysia since 10th May 2007. Users in Malaysia who tries to receive funds are directed to a page where they are asked to enter a U.S. Bank Account. Those who cannot comply will have their funds stuck and eventually returned to the sender.
There’s no confirmation so far from Paypal. Enquiries and emails are simply brushed off with standard replies citing technical glitches. This shows that Paypal does not give a fuck to Malaysian users.
Paypal states that users in Malaysia can Send. Receive. Withdraw to a U.S. Bank Account. But now we can only Send. Withdraw to a U.S. Bank Account.
I am sad to acknowledge that Paypal actually did the right thing. Many Malaysian sell things on eBay, get payment through Paypal but did not send the goods after receiving payment. The crooks then transfer the money out and closed the Paypal account. We are being penalised because of them. Don’t forget Malaysia is still on the list of high fraud risk country.
Being a Malaysian, we are miserable long enough to have our own ways. There are hope yet, in the form of VMI Bank Account and E*Trade Checking Account.
Miserable and Irritatable
May 16th, 2007 at 7:55 pm
[...] Emporium Blog Miserable in Malaysia ← There’s Hope yet for Malaysian Paypal Users [...]
May 18th, 2007 at 8:06 pm
I got this detailed information about etrade from shah’s moneyblogger.net for FREE.
But, his blog has been hacked…
May 18th, 2007 at 8:06 pm
Hey…the blog is OK…now..;D
May 19th, 2007 at 3:08 am
Vedis Teh: Nice chap this shah to be willing to share.
May 25th, 2007 at 10:33 pm
[...] Paypal users cannot accept any payments since 10th May 2007. Paypal requires entering a U.S. Bank Account in order to accept payments. Many suspect and thought [...]
May 15th, 2010 at 4:33 am
Actually, it’s not only Malaysian users who suffered, even U.S.A. users also suffered from this kind of treatment from Paypal.
Perharps there’s a blog that say ‘Unlucky in the U.S.A.’?
“I am sad to acknowledge that Paypal actually did the right thing.”
Scrooge McDuck though will disagree, he will search every sort of way to make a profit, even dealing with scoundrels.
“Many Malaysian sell things on eBay, get payment through Paypal but did not send the goods after receiving payment.”
This sort of thing happened all over the world and commited not just by Malaysians.
Of course they’re smart enough to use fake identities, so scammers from Malaysia probably don’t claim to be Malaysians, plus they probably also got U.S.A Bank Accounts to deposit their scam money.
“We are being penalised because of them.”
The problem is… ‘them’ don’t necessary have to be Malaysians.
“Don’t forget Malaysia is still on the list of high fraud risk country.”
The list is subjective, since if it’s truthful, then the U.S.A. should be on it too.
I would say it’s more of a ‘list of financial whiz countries that we think we can’t control right now’.