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If you have never heard about this, PayPal currently accepts Malaysian credit cards, but they donâ€™t send checks to Malaysians or transfer funds to Malaysian bank accounts. This is the main concern of most Malaysian eBayers. During the talk, I can see a few of the participants canâ€™t wait to ask questions about this. However, the solution given from eBay was not a promising one.
They suggested that we find some friends or relatives in other countries (e.g. Singapore) to open a PayPal account. Then, when you are receiving payments, make the client pay into that account. Anyhow, I donâ€™t see that this is a solution. Itâ€™s really hard for us to actually get a trustworthy person, especially when dealing with money. Donâ€™t you agree?
Besides that, MOL has talked about expanding their services to other countries on the second quarter of year 2006. They are currently working on a partnership with an international bank, Western Union which would allow eBayers from other countries â€œtop-upâ€ our Malaysian MOLSafePay account at any Western Union branch worldwide.
(My thoughts) Even if the service is available, a few problems may arise:
- Would they (your client) take the trouble to â€œtop-upâ€ your account?
- Is Western Union really available at every corner of the world?
- Since this is not the standard payment method, how long do we need to wait to have buyers to accept it?
Those are few things that came to my mind when I heard that. Still, Malaysian has the PayPal (payment) problem unsolved. There was even one member asked about transferring PayPal funds to MOLSafePay accounts. I find that it is really an excellent solution, but they replied that itâ€™s not feasible.
Looking at our disappointment, one of the committee did say that they are still working to bring PayPal pays to Malaysian but it should take time. So, fellow Malaysians, be patient.
I'll be glad if you would voice your opinion on this issue, whether you are Malaysian or not.
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