It was exactly 2 years ago (Oct 15) when PayPal allow Malaysian users to withdraw to their debit cards.  Since then, there are so many people are looking for ways to withdraw their fund via various local banks' Visa debit card. Some of the Visa debt cards allow:
Public Bank
Al-Rajhi
Tune Money
Maybank

Today I login to my Paypal account and saw this Paypal policy update notice and when I click on it, I am really surprise to see that they finally allow we as Malaysian to withdraw fund into our local banks. This is what I read on:

When I tried to see my account has the withdrawal to local bank option, and I end up disappointing. I don't know whether it wasn't available to me or Paypal hasn't make changes to their website yet. You may want to check your Paypal account is see if you have the withdrawal option available.

That means it might only available for certain customers. I am not sure what it means above, but I can confirmed that my account still don't have the local bank withdrawal button, not even in add bank column.

One  good move is Paypal is incorporated Malaysian Ringgit as one of the major currencies in Paypal.

That's mean you can do business in Malaysian Ringgit if you want to. This is after Paypal make specific changes to the user agreement as required by BNM.

In addition, for Malaysian resident customers, PayPal has made specific modifications to the User Agreement as required by Bank Negara Malaysia regarding your rights as consumers in Malaysia accessing the PayPal services.

Certainly this is a good move, I will monitoring my Paypal account in next few days and see if the local bank withdrawal option is available for me.Stay tune for more review on Paypal withdrawal option.

Updates From Reader:

It is confirm by the Paypal staff that we are going to enjoy the local bank withdrawal service, here is what Polarmanz posted here on the same day:

Guys … should we celebrate ???

Popularity: 21% [?]

Yesterday I received an email from my hosting provider, Hostgator about their recent business achievement.

I wasn’t usual that hostgator send out email, in fact, I can’t remember when was the last time I receive their newsletter. But what I am more interest to share with you my personal opinion on their grow up history.

Brent Oxley started his entrepreneur at early as 11 years old (sixth grade). He sell candy in his school and had all the kids in his neighborhood working for him. Later, he sell watermelons at the age of 14 and started his internet business journey in the college day.

In fact, his internet business pathway is not a superhighway, he has been going through up and down through out the year and think of giving up the business as well, especially working on his web hosting business. To know more about his story, you can read here for details.

I am so inspire about his grow up business and I feel I am going through the same pathway like him and I have been going through the good and bad time like he mentioned in his business history. I don’t know much on technical stuffs, not a good copywriter (there are people even say my write up consists of grammar mistake), designer and not even a good online marketer but what I have is believe in online business.

A lot of people always have the misunderstanding on internet / online business. They thought this is some businesses that they don’t need to work hard to build at the beginning. If you are one of them who think the same way, you should change your mindset by now or give up trying internet business.

People always see how other successful entrepreneurs and like the idea of work from home. However, they refuse to go through the learning curve, they don’t want to commit enough time and efforts to grow the business. I think I can understand the common pitfalls that people are generally lazy, like to stay within the comfort zone and not willing to take up new challenge.

Working on internet business just like starting many other businesses, require determination, discipline, focus, passion and direction. If statistics show 90% of the new business will fail by the end of the first year, another 50% of the remaining 10% will fail in the next 5 years. This figure apply to internet business too.

I remember when I started in early day in 2005, I am getting excited about internet business and wanted to start one. Because I am not focus and discipline enough, I end up not able to achieve my business goal. In fact, I am still struggling until today to make it big.

I have been invited by my friend to start a joint venture and I am a little excited for a while, of course you can predict that I went into different JV and keep myself busy. After a while, I found that those JV doesn’t bear fruit and I have to start a new business venture again.

After reading this write up from Brent Oxley, I realise that focus is the key to success. I am glad that I made up my mind to reject some of the invitation since last year and just focus on my current business model. Right now, I feel like I am on the right track …

How about you? Do you have problem in your internet business? Feel free to share your thought here.

Popularity: 20% [?]

Are you buying ticket to Milan Doshi Property Seminar in Oct 9-11, 2009 (which is 2 weeks from now)? I would like to sell this at discounted price at first come first served basis. The original price is sell at RM3,980 and I only have one ticket left. Do contact me for details.

Grab this fast before someone else bought it.

At the meantime, if you want to attend the seminar but haven't decided, they have a Hari Raya Property Investor Gathering in Armada Hotel tomorrow (27/9).

You can check out the event details at facebook (event over).

Or you fill up the seminar registration form here.

Cheers …

Popularity: 20% [?]