Normanski

Paypal Launches Withdrawal to Philippine Bank Accounts

Tuesday, January 29th, 2008 | PayPal | 2 Comments

After a few months after the limited support of Paypa to Philippine users, Paypa has now launched loca bank withdrawal!

I have been withdrawing banks to my Unionbank Cyber account which is actually a debit card and I was not really happy since withdrawal is limited to $500 per day and a $5 transaction fee is charged. It took me several days this month to withdraw my required fund for an offline project.

Daily withdrawal has no limit for local bank withdrawals. Moreover, the transaction fee is free if you withdraw Php 7,000 or above to your bank account. For values lower than Php 7,000 – ony Php 50 is charged (thats roughly equal to a dollar and a few cents.)

Adding your bank account details is such a breeze however you should carefully check the account details you enter since they will charge Php 250 for rejected transactions which are due to erroneous bank details. The local bank may also charge fees for void transactions. Also, be sure that you enroll only Peso Bank Accounts, initialy I thought I could deposit directly to my BPI dollar account good thing I inspected the FAQ’s closer.

Whew! Big thanks to Paypal for this!

December Paypal payments delayed due to Mass Pay Glitch?

Wednesday, December 5th, 2007 | PayPal | No Comments

It’s the first week of December, and like the previous months I have been anxiously waiting for several PayPal payments to arrive. I was expecting scheduled payments since Monday (December 3) but it’s already Thursday and only a single payment arrived. Moreover the single payment I received from CPX Interactive was short by about $30. CPX was quick to send out and errata and they stated that some publishers are overpaid while some are apparently underpaid like me.

“Due to a paypal related error all paypal payments that were sent out yesterday (12/4/07) were for an incorrect amount. We are currently researching this issue and will have a proper adjustment by the end of next week at the latest.”

Included to the payments I have yet to receive are earnings from Adbrite, Widgetbucks and ShoppingAds. Over at Digitalpoint’s forum, a publisher reported that Shopping Ads has also technical issues thus there’s also a delay in their payment. Initial batches of Widgetbucks payment were also sent out though it seems that they have temporarily stopped, some publishers I know haven’t received their earnings as well.

I just hope that Paypal and the Advertising Networks can fix this soon so I can do some Christmas shopping!