How to Cash out your paypal money?
By honeylore23
@honeylore23 (1081)
United States
December 22, 2008 6:03am CST
Note: (The mentioned site is available international)
Good news my co-Filipinos, for almost a year time of finding a way to cash-out my paypal money, now I have discovered a great way of having it cash out. That is through xoom.
Last week, I was surfing about a way to transfer paypal to alertpay account, but it seems there is no reliable site that would do this, then I found an article that said, using smart money would help me become a verified member of the site, because the card has a master card logo, I applied online and get the card last Friday, then tried to link it on paypal by Saturday, the card was denied.
So, again I surf the net to gather information, and find out, if somebody has tried it, and was redirected to a forum, it said that smart money cannot be used to verify the account. But a site called XOOM was recommended. I tried it yesterday, and cash out my money to my bank account, to my surprise, in less than 30 minutes, the money was completely transferred to my account. It was really amazing. Well the charge could be expensive, but I think it is worth it. I was charge $5.50 dollars for the transaction. Aside from transferring it to a bank account, you can also opt to receive the money by delivery or through Cebuana Lhuillier. What you need to do first, it get an account there and confirmed your email. After that you can start sending your money from paypal to your bank account/otthrough other means available.
If you have not yet find a way of cashing out your paypal money, try Xoom.
Happy mylotting!
1 person likes this
10 responses
@rberon1985 (5359)
• Philippines
22 Dec 08
Hi. I am a filipino as well. I have an Eon card from unionbank.I linked it in my paypal account. it is actually a debit card. All you have to do is to go to in unionbank. you just have to fill out the application form. You have to bring the SSS number and a valid ID with you. The processing will take two weeks. After two weeks, you will asked to come back , to get the card and you just have to pay 350 pesos as the annual membership fee. The card is really good.
@heero1103 (322)
• Philippines
23 Dec 08
May I ask, so it is not required to actually have an account at Union Bank to apply for an Eon card? Thanks!
1 person likes this
@honeylore23 (1081)
• United States
22 Dec 08
Thanks for the suggestion. But as of now, i am not capable of applying for an EON card. it would be expensive for me because I live far from Union bank branch. The nearest would be Davao. If I go there, I will need 2000 or 3000 to cover up the expenses, that is just for applying, and another same amount for getting the card. So i will wait, until the application would be available online. And besides I hate to traveling especially if alone.
@honeylore23 (1081)
• United States
23 Dec 08
hello cooiky,
It is available globally. You may visit the site and learn more about it. It is free to join, and you can even send money to other people.
@insomni4k (424)
• Indonesia
22 Dec 08
well I send my paypal cash to my credit card.
1 person likes this
@honeylore23 (1081)
• United States
22 Dec 08
Hello insomni,
Well good for you, because you have credit card. But for those who don't have a credit card, it is very difficult to cash out funds. We need a third party to do this or else, the funds will be unused until we can get credit card. Although, Filipinos are already allowed to transfer funds to their bank account, it is still a prerequisite to link a credit card, as far as I know. But it is not easy to apply for a credit card. There would be lot of requirements and your ability to pay would be check.
thanks for the reply. happy mylotting!
@tatiana07 (497)
• Philippines
24 Dec 08
hi.i just tried xoom but my order has been voided and i don't know why.my paypal account is unverifed is that the reason why?.can i add you and can you please give me more detailed info on how to cash out my money on paypal..thanks in advance
@chiaeugene (2225)
• China
22 Dec 08
great. thank you for sharing this with us and i am pleased that they have servies for china too. i just send my paypal money wired to my bank acount and it cost me more than US50. if i have used Xoon, i would have save half of that amount. I am pleased to know that now one more option is available to me instead of depending on paypal to wire me the money and earning such a hefty fees from me. now i can use Xoom and incur lower charges.
1 person likes this
@honeylore23 (1081)
• United States
22 Dec 08
oh yeah, that is right, anywhere in the world, could use xoom as a means of transferring their funds to their account, and it will not take days to process.
Well it is my pleasure to share information which I think would be helpful to others.
Happy mylotting.
@mrbrownedeye (781)
• Philippines
22 Dec 08
that was expensive have you ever try the eon and the payfree. i have heard that the transfer fee is low. just giving some extra info. have a nice day. add me pls.
@honeylore23 (1081)
• United States
22 Dec 08
Hello mrbrownedeye
I have heard of that EON card, but that payfree seems new to me. Can you give me some details to me. How can I use their services to transfer my funds to my bank account?
@heero1103 (322)
• Philippines
23 Dec 08
Wow great info! I was thinking also of how to withdraw money from paypal. Thanks!
@jiang12345 (114)
• China
23 Dec 08
you do not how to cash out you paypal meney .
i think is mine problem . if you have some problem with maybe i can help you .
@ed05041945 (2)
• United States
24 Jan 09
Watch out for XOOM, they will start a transaction claiming money transfer in minutes then at the end of the transaction, once they have all your bank account information say 4 to 5 days. It is a scam so they can keep your money for a few days earning interest. I called XOOM customer service within minutes after such a transaction and canceled the transfer. I was assured the transfer was canceled. Then shortly after that I closed my XOOM account. 3 days later they took the money out of my checking account causing a check to bounce and did not return the money until a week later. Stay away from XOOM. I closed my checking account so they could not steal from it any more.
