Please help me with this...

Recently, I bought something from a seller from USA. I pay certain amount to him thru Paypal. Today, the seller refund some amount to me coz of the lower than expected shipping fees.

The thing is the refund money did return to my Paypal a/c at 1st. After that, Paypal transfer the money back to my Public Bank Debit Card a/c. So, will the money really be send back to my Public Bank a/c?

I've check thru online, still no updates yet...

Wouldn't it be better if the money is kept on my Paypal a/c?

Paypal Rates:

Hi,i dont understand the rates mentioned. I have a personal account, and i am purchasing an item for USD100 from a website. When i use my credit card, how much would paypal sapu from the whole transaction? I read they take a certain percentage off for currency exchange and so on n so forth...so how much do i lose from the point of using my credit card to purchasing the item?
Assuming there's a refund from seller to me,does paypal take a percentage off that too?
Thanx!

Before u make paypal transfer, it'll bring u to total amount in USD & MYR. U can convert it urself from there... AFAIK, the exchange rate for MYR is weaker against USD in paypal than from our local bank.

Maybe the percentage taken from paypal is added inside their exchange rate...

Regarding the refund, no percentage off so far for me.

oh,ic..so when i put in e money via mastercard, its better if i put it in as USD and not let paypal do the conversion for mela?

because i'm planning to buy an item worth USD2400..tat one oso my budget cukup2..i scared they add in their own rates and end up i can't afford the item...

Usually if money refunded by the seller goes straight to your debit card, it means that in the first place, you paid with your debit card. You didn't pay with paypal funds did you? You paid with your debit card, so it makes sense that the money goes back into your card. Anyway this usually takes a few days, 4-5 days perhaps. Check the balance today, it should be in already.

Yup, received the refund already. Like what u said, takes 4-5 days for the transfer to be completed.

Anyway, how do I transfer my money to my paypal funds?

If I don't verify my Paypal account, but can I buy funds from other people like Lowyat forumers and send money to the seller?

yes you can..but there will be a limit amount for u to make paypal transaction...

better verify ur pp using VCC or debit card. it's easier nowdays. the backward not verfiying is the limit in ur pp. besides that, the reputation when peoples tend to deal with verified pp member only

You mean convert the RM in your debit card to paypal funds? I don't think you can do that. If you want to have paypal funds why don't you try buying from reputable paypal sellers in Garage Sales? You pay them in RM, they send USD to you.

1. Do you mean we can't buy paypal funds ourselves?

2. Actually Paypal is it just work as a third party that when I buy an item from some place like Ebay, but I pay them by my debit card through Paypal? (does this mean I don't have to have balance of money in my Paypal) ? *I hope u guys understand what I mean*

3. How do those sellers get Paypal funds? Why some willing to sell cheaper than market rates? I saw one from Lowyat selling 3.40$ if purchase over $100, and 3.45$ for lower than $100 (reputable seller).

can anyone show the link to the garage sales for paypal fund?

a simple questuon

if i wish to have 300 usd in my paypal account
(assumed rate 1 usd=rm3.8)
how much do i need to pump into my debit card account(in RM)?<as i heard only can use 75% amount
how much transaction fee(in usd) will cost me if i buying an 300 usd item?

advise me,thanks

From what I understand...

1) Yes we can't buy it the funds from an official source (paypal) ourselves. No such option.

2) You can just store enough money in your debit card and pay for the ebay item using paypal. It'll show up in your debit card monthly statement. Yes, you don't need to have paypal funds to buy from ebay. Paying with your debit card through paypal is also another way.

3) From what I gather, they sell stuff, they get money in their paypal account. Paypal doesn't credit the money earned from their sales into their cards you see. They credit the money as paypal funds into their paypal accounts instead. So their options are either to withdraw the money (which some deem as troublesome, more exp etc etc) or to sell to people who are willing to buy. And if they don't sell cheaper than market rate who's going to buy from them? Might as well pay using our card right. To attract buyers, then they put a lower price lor.

Just put in enough money lar. It won't be 75%, probably they will hold up RM30 or so, depends on the bank. Call and ask. It does not hurt to have extra in your card, and you can always withdraw it back out later. So put in more than less is always good.

today i ask already minimum rm25 for the bottom limit
how the transaction for send money to paypal?
and also how the payment paid online like ebay?
use the card (back?)last 3 digit?(who have this 3 digit can use my card $?)
no password required to authorise payer?
sorrry never use credit card before

Bro,

Wan ask you something la...I got this guy from my town wan pay me RM2000 by credit card.but he say he can pay by credit card only.My paypal is bussiness account.So tat guy can send that money from his credit card to my account?If yes how much they charge ah?I mean the service charge?I use Public Bank Visa Electron debit card.So if wan withdraw got any charges ah?

Yes, you can use debit card

I just verified my debit card with PayPal. By all accounts, it should be working perfectly. However, when I try to pay for my purchase, PayPal says that my card has exceeded the limit, even though I haven't spend a single dollar yet. My debit card has more than enough money in it.

What gives? Thanks.

But how much will they charge when i want to withdraw?

being cheated for paypal USD200 for RM600++

make a police report few months ago.
( i think more than 6months, no news nothing )


I will remember u, Tan Boon Hui.