PayPal Unlocks Bank Withdrawal Feature To Philippines, Indonesia « John Raul dot Com

To the people of first-world nations, this isn’t new. But to many Filipinos and Indonesians who’ve been longing to actively participate in the booming Web market, this news matters: PayPal finally unlocks local bank withdrawal feature to Philippines and Indonesia members!

The Web’s most popular e-commerce and money transfer business, PayPal, just expanded their services to the Philippines and Indonesia. October 5 last year, PayPal rolled a mass mail announcing to their members residing in such countries about their initial withdrawal and receiving features. They announced that fund transfers are now available using debit or credit cards.

Though it was good news, and some Internet savvy people were jumping, it was still infant and very limited. This is true because the number of credit card and debit card holders in the area is smaller compared to the number of people who actually have bank accounts. Nevertheless, PayPal did a good introduction – much better than nothing.

Today, January 29, I got a copy of PayPal’s mass mail again saying that they have finally launched the much-awaited local bank withdrawal. I was very happy reading such news and I was imagining just how many IT people are jumping to the roof upon reading PayPal’s mail.

It is good to take note that eBay Inc., the company that owns PayPal business, might have launched the feature in order to support their campaigns of the localized versions of eBay.com website in the region. Either way, it’s still good news!

PayPal just unlocked millions of merchants and customers from the two nations to the online business world. Their expanded services enable more Filipinos and Indonesians to buy and sell products online, and to send and receive money through the Web. The lack of online money transfer agents in the previous years had always been the hindrance of the people from the said countries in participating money transactions on the Internet. This scenario is about to change though.

So, if you’re a Filipino or Indonesian who’ve been dreaming of using PayPal in participating Web transactions, now is the time to wake up, join our big brothers, and rock!

Sign-up for PayPal Now.

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