Malcolm Online

I received a question from Stary a short while ago.

I just received a payment in USD from France in my Premier Paypal acc & Paypal charged me a fee of 3.9% + USD0.30. Isn’t the usual fee 3.4% + USD0.30?

I apologize for the confusion. In my previous post on “Which PayPal Account Should I Signed Up For?“, I did not elaborate on types of transaction fees. There are 2 types of PayPal transaction fees namely domestic transaction fees and cross border transaction fees. [Read more →]

Tags: PayPal by malcolm
2 Comments »

Very often, friends and customers ask which PayPal account they should sign up for when PayPal display 3 choices of PayPal accounts. Many online sellers are concern about the transaction fees charged  by PayPal when they receive online payments. A quick answer to that is to register for Premier or Business account to enjoy lower transaction fees.

Types of PayPal Accounts
There are 3 types of PayPal accounts which you can sign up online. Each has its own transaction fees, features and functionality. They are:

a) Personal
b) Premier
c) Business

A Personal account is mainly used by individuals [Read more →]

Tags: PayPal by malcolm
4 Comments »

Around June 2008, Maybank is scheduled to enable online transactions for their Visa Debit card. I am keeping my fingers crossed after receiving the following email from Maybank.

At present, we don’t allow e-commerce transaction for Visa Debit. This facility will be introduced in the near future. We are targeting June 2008, to enable the e-commerce acceptance for Visa Debit.

Tags: Debit Cards, PayPal by malcolm
5 Comments »

Not all credit or debit card issuers will allow PayPal funds withdrawal to their credit or debit cards. The newly launched Visa Debit card by Maybank is of no exception. Maybank as the card issuer has not allowed this activity.

When we tried to add this Visa Debit card for PayPal funds withdrawal, the following error message is displayed:

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.

Even their customer service department does not seem to know what PayPal is!

Tags: Debit Cards, PayPal by malcolm
5 Comments »

As of March 2008, PayPal funds could not be withdrawn to the newly launched Maybankard Visa Debit. Even a commenter on my blog and a member at eBay.com.my forum shared similar experience. This issue is not surprising as the card is being launched last week.

Should Maybank allow withdrawals of PayPal funds to their Visa Debit card in the near [Read more →]

Tags: Credit Cards, Debit Cards, Online Payment, PayPal, eBay by malcolm
9 Comments »