I wonder how the paypal work for me?
May 17, 2007 3:50am CST
I registered an account with paypal. But i found in the countries list that available and accepted by paypal. Can someone correct me if Iam from Vietnam (i know my country was in the list) but then I dont know exactly that I can be paid through this processor or not? Please help me to clarify this out.Many thanks
17 May 07
If your account could be opened, then it means that PayPal deals with people in your country. There would be differences in the facilies available in your country, though. For example, a PayPal account holder in USA can transfer money from his bank account to his PayPal account. But, such a thing is not possible by an account holder of PayPal who lives in certain other country (mostly, non-western countries, for example). You would be able to withdraw the money to your local account but may be the minimum amount that you can withdraw would be of the order of $150 or so (You have to check up this aspect for your country. This you can do by logging-in to the PayPal account and then search for this information. I tried to do this for you but it is taking lot of time and I am in a hurry so I had to give up. Do this search when you have sufficient time available to you. It requires lot of time to obtain the information you are looking for.) I hope this helps.
17 May 07
Im so much appreciated that you did the search for me. What I concern on this matter that once I have tried to ask my friend to send money like "test" for me but then he could not make payment and it displayed that "my country is not eligible to receive money , ONLY can make payment". Well if i can not receive payment then how can i make any money using this processor. BTW, I also made a verified with paypal. for the whole thing, I just can not be sure that whether I can RECEIVE money from others who is paypal acc holder as well. Just hope to find a right answer soon. Again thanks a lot for replying me. Best regards
17 May 07
I just tried to do some research again. I understand that you need to have clarification on the following two issues (I assume you are from Vietnam.): (i) In the list of countries PayPal deals with, Vietnam is mentioned. That is how you have successfully opened your PayPal Account. But when I searched the list of countries to which myLot pays through PayPal, I find that Vietnam is not mentioned. MyLot has a list and says that if you live in one of the countries mentioned in the list, you would be paid through PayPal. That does not mean that if your country is not included in the list (this is true in your case), you can not be paid by PayPal. However, it is best to confirm this from the myLot admin. I suggest that you find out this from the myLot admin. If the answer is in negative, do not worry, you woud then be paid by myLot through e-gold. You can easily open an account with e-gols, if required. (ii) I have not understood the whereabout of your friend who tried to transfer money from his account to your PayPal account and it was not allowed. From which account he tried to transfer? Was it from his local bank account in Vietnam? Or from his PayPal account? If it was from his account in a local bank in Vietnam, it is most likely that it would not be allowed. This restriction is not by PayPal; it is, in all probality, by Vietnam government. But if your friend tried to transfer money from his PayPal account to your PayPal account, in my opinion, this should have been allowed. You can withdraw money from your PayPal account through a cheque and deposit ther money through this cheque in your account in a local bank if you have earned money, say from myLot or other programmes and if it was deposited by them to your PayPal account. But I am not sure in case of Vietnam residents, whether it is allowed because I read in some forum somewhere that people in Malaysia are not allowed to do so. Please do let me know; most of us from non-western countries have to understand a lot about PayPal and its operation in view of the restrictions imposed by our governments for transactions through PayPal.
17 May 07
If you have your country available in paypal list means they provide service to your country. But there are condition, like to have some minimum balance like 150$ to withdraw and paypal give you the converetd currency in your country currency when you request the cheque from paypal.