PayPal for the Philippines: Use EON, But Not Fresh
First, the bad news: seems cards need a transaction history before working with PayPal. That means fresh cards won’t work.
Now, the good news: seems after building that transaction history, UnionBank EON Visa Electron debit cards can receive money from PayPal. Since the Philippines is still a cash-based economy, debit cards are often more useful here than credit cards.
I’m getting my EON card soon, but it looks like I’ll have to buy some stuff before withdrawing my PayPal funds to it. One shopping spree is a small price to pay for access to revenue streams that pay exclusively through PayPal. If other banks don’t act fast, UnionBank might quickly secure a monopoly on PayPal funds newly flowing into the Philippines.
Hmm…cards need transaction history before it can be used by PayPal? I used my EON card with PayPal before I did anything else with it. I waited a 2-week activation period from the time I claimed my card. Afterwards, I was able to attach it to my PayPal which I then used for my very first Internet shopping spree.
Oh yeah, this was back in May 2007.
UnionBank secured it already or at least they are very active in telling the nation that their EON works for PayPal.
Many Filipinos forgot about other banks with Visa Electron, and one of them even dropped it! (bad timing for them) - BDO-EPCI.
LOL
Depositing at least 100 or 100 pesos in your EON card also means you are getting a transaction history already.
Kelangan may laman ang EON card mo bago i-apply sa PayPal kasi nga kung walang laman, walang makukuhang pera ang PayPal, kasi nga diba may charge ang PayPal na 1.95 USD. So kung walang laman ang EON card mo idedeny ng PayPal automatic ang EON card and that’s sad.
I like this info of yours.. Dati may EON card na ako, but I lost it (pickpocket, nyaks!) Since hindi ko naman siya ginagamit, wala narin siyang silbi sa akin, so never ko na siyang ni-renew ulit. Now, I have had problems with clients who prefer paying me (as VO talent) for online transactions using paypal. I guess I have to get another EON card.
Does anyone have any idea if Metrobank offers this thru their ATMs? Thanks for the info guys!
[...] the bad news: UnionBank, with whom I opened an account for the express purpose of receiving PayPal funds through a UnionBank EON card, thinks their bank code is some sort of [...]
I just claimed my eon card, should i still wait for 2 weeks before i use it for paypal?