When they register to Paypal.com, they are afraid because after they fill-up the profile information. Paypal actually ask for a credit card information. But they can actually skip adding credit card information and add later on if you have one.
One you have money on your Paypal account, of course you want to get the money you've saved on Paypal. Remember you need to have verify your Paypal account to withdraw the money on your account.
When the time you want to withdraw the question to be asked on your self is "How to Verify Paypal?". Some online money maker uses the EON card especially in Philippines. But now I would like to introduce the RCBC myWallet VISA CARD. Now you would ask, "How to Verify Paypal using RCBC myWallet Visa Card".
What is the advantage of RCBC myWallet VISA CARD?
Actually, they are just the same in terms of functions but the advantage is that RCBC myWallet VISA card is cheaper than UnionBank EON VISA CARD. Since you will pay for 350 for the annual fee for EON VISA CARD while RCBC myWallet VISA CARD is just to pay 110php.
How to get RCBC myWallet VISA CARD?
Before I give you the details on how to verify your paypal using RCBC myWallet VISA CARD. We should have our own RCBC myWallet VISA CARD.
1. First, go to the nearest RCBC Commercial Bank. There are two RCBC bank - a) RCBC Savings bank; b.) RCBC Commercial Bank.
2. Fill-up the form given by teller and give a 1 VALID ID(original and photocopy) but they mostly needed the photocopy while original is for verification. List of VALID IDS, OTHER VALID IDS
3. Wait for the card to release after several minutes (depends on the bank)
4. You're done! You have your own RCBC myWallet VISA CARD
When you have the RCBC myWallet VISA CARD, of course you need to verify your paypal account using the RCBC myWallet VISA CARD to withdraw the money on your Paypal. Take a look on your balance(online or ATM machine), your balance is 100php since only 10 is being charge for the card.
How to Verify Paypal using RCBC myWallet VISA CARD?
1. Wait for 24 hours after you get the card to activate your card
2. After 24 hrs, you can deposit 50 pesos to verify paypal since you already have 100 on your account.
3. Then, go to your paypal account
4. Add Debit/Credit card
5. Put the details asked like First and type of the card
6. Select VISA for the type of the card
7. Add the card number(number at the front of the card), expiration date and the Card verification number(refer to the back of the card) and the billing address. Card Verification number is the last 3-digits on the back of your card. Be sure the billing address in paypal is the same as you apply for RCBC Visa Card
click to enlarge
16-digit Card number:
Mobile Phone No:
Date of linking card with PayPal:
Email Address indicated during account opening:
After 1day, they email to you the code.
9. Log-in to your paypal account, copy the code and paste the paypal verification code given. Then you’re done. you will recieve a paypal bonus which is the amount they deducted from your EON account. So basically, you would get you 100 pesos back.
10. Now, you're Paypal account is verified! Congratulations
So therefore, you just paid 10 pesos all in all. Get your RCBC myWallet VISA CARD now and get verified!
As of now, I already withdraw the money using my RCBC myWallet VISA CARD. The card can be used to restore the limited access account of Paypal. That what happen to my paypal account before it get verified by RCBC myWallet VISA CARD.
I would like to add that only 10php is deducted every transaction of paypal to rcbc card. Sample, you withdraw 7330php to you card. Since they will deduct 10php, expectedly you will get 7320php.
Remember, Paypal will deduct 50php if you withdraw below 7000php and free if above 7000php. Sample, you withdraw only 4100php. Expectedly you will receive 4040 since you 50php for paypal and another 10php for paypal to rcbc account.