Malaysian credit card will add extra transaction charge on top of all foreign transaction. The charge ranges from 0 to 2% and it's incorporated into the final figure so you don't realize it.

For example. Visa FX rate is 1 USD= RM3.60
You buy product for USD100. Visa will charge your bank RM360
But AFAIK you bank,
CIMB DA will charge you RM360
PBB/SCB/HSBC will charge you RM363.60
EON will charge you RM367.20

Anyone here use Masspay?
I am using Masspay n it save me $XXXX in paypal fees

HEre;s an article to share

http://forum.lowyat.net/index.php?showtopic=796470

A lot sellers find it difficult but if u tried once n in the future u save thousands of ringgit i think .its worth taking 5minutes to understand it.
at least i did .

I sold to JoeyLYN using MASS PAYMENT. I actually feel safe selling using MassPay, because they won't ask u what are u selling....
Sweat for paypal seller

Does anyone here know where to get Paypal coupon codes? Most of the coupon codes that I goolged didn't work.

yea coupon info.

anyway.. any other how can add funds? wonder where those paypal seller get

Yo everyone... Yesterday i just verified my paypal account...
I found that i only can do 5times transaction in 1year...
If i upgrade to premier acc i got unlimited times for transaction...
Im a personel account now, if i upgrade to premier acc does paypal will charge me and cent???

Probably a stupid question. To pay and receive money. Can I link a debit card to the Paypal account?

You can do unlimited transaction/day but there is a limit on sending money/day.
5 times transaction/years is refer to accepting CC payment.
While accepting PP balance is unlimited/year
No need to upgrade to premier account coz you can have 2 PP account 1 for personal used and 1 for biz purposes

I am having problems when to buy something using paypal from Steam. When Steam bring me to paypal site to pay, the site said I don't have enough balance eventhough my account have enough balance to pay. Paypal then ask me to verify my account. Anyone know whats the problem?

Yes you can use DC to verify ur PP
Normally people use PB visa electron

Thats mean i can always use my pp acc to pay money via my credit card not only 5times izzit???

Yes because unverified PP account only can accept money but no sent money.
That why you get that message

Anyone want paypal e-book, pls pm me. It equipped with illustration and step by step guide. This book only for Malaysia market.

Yes correct

Hi jz started using paypal to do online purchase recently.

1. May i know why is the paypal US currency is so high, USD1=RM3.7 whereas the actual exchange rate is only ard RM2.5 now adays?

2. Why there are some users manage to sell their paypal USD at a lower rate, i.e. ard RM3.5. How do they do that? How does it work?

3. How to make business/save money by playing around with the currency exchange on paypal?

Thanks.

1) No offence, you are back to future or someone that living 10 years ago then suddenly emerge from the past?
USD/RM is 3.60 right now, where got 2.5? Ten years plus ago, before 1997 crisis, USD/RM indeed was 2.50.

This post has been edited by cherroy: Jan 17 2009, 10:00 AM

Welcome to 1997 ! You're in the year 2009 right now


1.00 USD

=

3.56350 MYR

As of today
http://www.xe.com/ucc/convert.cgi


2. Usually they make money by selling stuff over at eBay or they have their own internal connections. Then they sell these funds at a lower price. For them , its still profit. Money makes money for them

3. Well sell stuff over at eBay and then sell PayPal currency here. Thats how some forumers earn $$$$

In my case, i used paypal yesterday. It immediately converted into RM when i made the transaction. The rate i got was RM3.7=USD1. The rate is more expensive than doing the exchange cause just checked RM3.62. How ar?

I would also like to know how to buy the paypal credit at a lower rate to save money. As i saw many of our lawyaties selling paypal credit at a lower rate. Wondering how to save money.

---

Added on January 17, 2009, 12:00 pmOh u were right. Hehe din notice i asked such a stupid question. Tot the crisis would made the USD lower as i remember it did effect just like Pound and Euro were effected.

This post has been edited by andyfriends: Jan 17 2009, 12:04 PM

If U buy funds from other paypal members who have funds to sell, it is cheaper than charging to your CC.

I create my paypal 5 days ago, i link with my credit card and completed the expuse 4 digit. The problem, when i want to make payment to rapidshare. I receieve "You have reached a limit on your ability to send money. Please link and confirm a debit or credit card to lift this limit."

I've contact paypal, here what they say:


I fully understand your concern regarding the denied payments.

There is nothing wrong with your credit card and your PayPal account is
working pretty so fine. Also, there is no sending limit on your account,
the error message indicates that your credit card's sending ability
reached a limit. Please just ignore it.

Now please let me explain the reasons to you.

To ensure the integrity of our network, PayPal may take security
measures, which may affect some accounts in good standing. We regret any
inconvenience may have caused.

PayPal employs complex statistical models to identify patterns of
behavior. This is similar to the way banks and credit card companies
identify patterns of behavior those are abnormal when verifying
individual transactions. When our system rejects a certain funding
source for a transaction, it is merely an indication that the individual
transaction fits a pattern may cause a high risk of failure.

If your transaction has been denied, you may be able to complete the
transaction with another funding source such as U.S. bank account or
PayPal balance.

Here are some choices I offer to you, wish can help you:
a. Or to use the same card in a later time. (24-48 Hours Later)
b. Or to add another credit card to fund the payment.
c. Or to use your PayPal balance if available
d. Or to explain to the seller and negotiate with him/her and hope
he/she could understand you.

Also, would you mind try in this way to make payment?
a. Log in to your account at https://www.paypal.com/.
b. Click the "Send Money" tab.
c. Choose "Send Money Online" or "Pay for eBay items."
If you choose Send Money Online, enter the requested information.
If you choose Pay for eBay items, click "Pay" in the Action column.
d. Click "Continue."
e. Review your payment details including the payment method. Click "More
Funding Options" to make any changes.
f. Review your shipping information and add a message to the recipient,
(optional).
g. Click "Send Money" or "Pay." To change any information, click Change
or Edit. Note: If you edit your payment details, your payment method
will return to the default method of payment.


I hope the above explanation would be helpful for you to better use
PayPal and wish you can successfully make the payment.

It is my pleasure to assist you. Thank you for choosing PayPal.

Sincerely,
Fion
PayPal, an eBay Company

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