Just recently, PayPal emailed me this:
Dear Sustines Laplana,
New Withdrawal & Receiving features are now available!
Withdraw Funds to Your Debit or Credit Card. We’re pleased to announce the launch of a new withdrawal feature, allowing you to transfer funds from your PayPal account to your Visa branded debit card or credit card. Learn how to get convenient access to your funds now.
Receive Money in Indonesia & the Philippines. In addition to the existing sending money capabilities and the new withdrawal features, registered members in the Philippines and Indonesia can now receive funds from 90 markets and 17 currencies.
Important: You’ll need to be a verified member to use the new withdrawal feature.
Finally, your Philippine PayPal account can now send, receive money and withdraw money. This is the thing that every Filipino online earners are dreaming of ever since. With this, you can now receive payments from Payperpost and other third party services that send payment through paypal.
However, we can avail the full feature of the Paypal if we successfully verified our paypal account. And in order to verify our account, we need to add credit card information as shown on the screen shot below:
What Credit Card is supported by Paypal?
Snow World has listed known and tested credit cards which are supported by Paypal. Check the list here. Now if you want to easily get one without the hassle of any needed documents, why not try the EON CyberAccount at Unionbank. Jozzua, through his queries to users of it confirmed that paypal users can really withdraw money through the EON CyberAccount of Unionbank.
How can we withdraw the funds from Paypal?
Paypal users will only do 3 steps in transferring the funds from paypal into your credit card. (1) Login to Paypal site, (2) provide the needed information regarding the transfer of funds, (3) Withdraw the funds through your credit card.
Paypal provided this image to let you understand how it works:

You can read more information at Paypal’s Withdraw page.



October 13th, 2007 at 6:35 am
[…] news for my kababayans (countrymen), PayPal Philippines now has full features. This means PayPal Philippines accounts can now send, receive and withdraw […]
October 14th, 2007 at 9:35 am
[…] Philippine Paypal Full Features - Paypal was recently allowed in the Philippines to receive money. You can read more about its features in the link. […]
October 17th, 2007 at 5:26 am
Interesting, I didn’t even know that Paypal PH had limitations.. I thought they were the same for all countries. Apparently not.
October 22nd, 2007 at 2:16 pm
Hi, this is my first visit, got here thru joni’s site. I am also happy that PayPal has a tie-up now with Unionbank. I applied for the EON Visa Electron account online last week, my card will be ready by Wednesday. Am excited na to do PPP.
October 23rd, 2007 at 11:29 am
Update on my successful withdrawal from PayPal to my UnionBank Eon CyberAccount
January 10th, 2008 at 1:22 pm
Wow, what a news! But the next question is that can the money be withdrawable everywhere or is it exclusive alone for Union Banks Establishments?