Receive PayPal in the Philippines with PMT’s Pinoy PayPal Service
UPDATE (9/28/2007): PayPal Philippines accounts are now eligible to accept payments. You may want to read the article: PayPal Philippines can now receive payments
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For a limited time, PMT's Pinoy PayPal Service is again offering the Receiving PayPal Service. This is to help Filipinos or anyone in the Philippines receive funds even if they don't have a PayPal account or possess only a limited PayPal Philippines account.
To avail of the service, fill up the Receiving PayPal Transaction Request Form.
To protect PMT's PayPal account from fraudulent transactions, not all requests will be accommodated. To increase the chances of having your request processed, submit a scanned copy of a valid ID (with your name and address) to futuregizmo (at) gmail (dot) com upon submission of the Transaction Request Form. Do note that your request can still be processed even if you did not submit an ID copy as long as the payor is a Verified PayPal member or has been proven to be a reliable payor.
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If your request is approved, details on how to receive funds will be sent to your email. Funds received are then converted to peso using the closing exchange rate in http://business.inq7.net/forex/. The peso funds are sent to your local bank account via the online fund transfer facility in PMT's UnionBank account. Note that it may take up to 3 banking days (depending on the receiving bank) before sent funds are credited and upon receipt, your bank may charge an additional fee. If you have a UnionBank account, however, transfers can be done real-time on the same day.
PMT charges 4% (minimum of $4) per Receiving PayPal transaction.
If you have questions or clarifications, visit the Pinoy PayPal Service Questions and Comments thread. To read feedback about the service, drop by the Completed Transactions Feedback thread.
Submit a Receiving PayPal request using the Transaction Request Form.
[tags]PayPal Philippines, PayPal, Pay pal, Pinoy PayPal, Philippines PayPal, send paypal philippines, receive paypal philippines[/tags]
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June 7th, 2007 at 11:34 am
can u help me?
June 7th, 2007 at 11:33 am
hi,i have a money on paypal,.its 50 euro,but i dont know how to get it,.can u give me an esay way to withdraw my money?
thank you
February 15th, 2007 at 9:43 am
You can sign the online petition in PayPalNow! to add your voice to the campaign. Honestly, though, it takes more than that to convince PayPal to offer the full range of functions to PayPal Philippines. But it’s a good try.
February 15th, 2007 at 9:35 am
Can we not bond together to ask the Paypal to give as full paypal service i.e. send and receive money? It’s unfair that we cannot receive money. We cannot install paypal payment buttons to our online business.
February 13th, 2007 at 7:51 am
@Edenita, please fill up the PayPal Transaction Request Form explaining all the details of your request. I’ll get back to you after receiving this request.
February 12th, 2007 at 7:27 am
I was asking if I can use your PMT paypal receive account in my Ebay. I want to go global but our limited paypal does not permit me to be.
Can I use your PMT account for a payment button on my store? My ebooks cost only $1 to $2 only but they can accumulate fast. Taking for granted that they reach $100 a month, can I use your PMT paypal to withdraw them and be transmitted to my Union Cyber account?
February 5th, 2007 at 1:16 pm
Sorry but what do you mean by “cover banks”?
February 5th, 2007 at 11:33 am
What are the cover Banks here in the Philippines?
December 12th, 2006 at 10:25 am
To any local Philippine bank accounts, yes.
December 11th, 2006 at 1:05 pm
Can the money be sent to any bank account? thanks
October 23rd, 2006 at 10:24 am
[...] * A new update related to this service has been posted. More details in the Receive PayPal in Philippines article. [...]