Jan 08
Merchants from India doing business through Paypal have reason to rejoice. Paypal has launched a new withdrawal feature. Users from 26 countries including Malaysia, India, Indonesia and the Philippines can transfer funds directly to their Visa® branded credit card, debit card or prepaid card. There is a withdrawal fee per transaction. And you must be a verified Paypal member. The following graphic sums up the withdrawal process.It has come as a boon from me. This was a real problem I had been facing - how to transfer my funds to my Indian bank account. Earlier one had to wait for the $150 mark and Paypal would then send a check. Now all that is over. ![]()