Zestful One

[Tutorial] Paypal Currency Exchange Rate Calculator

Posted by IcedNyior on September 11, 2011  |  No Comments

Every since I wrote this post [Tutorial] Link Maybank Visa Debit Card with Paypal in this blog and also posted on Lowyat Forum, I’ve been getting a lot of questions about what is the currency rate for Paypal, especially for US Dollar (USD) to Malaysian Ringgit (MYR) or vice versa.

So here is another tutorial on how to find out what is the currency exchange rate for Paypal from USD to other currencies.

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Step 1

Log into your Paypal account.

Step 2

Click “My Account” on the top left, then click “Withdraw”.

You do not need to have any money in your paypal account at this point. This is just to check out what is the currency rate.

Step 3

Choose either “Withdraw to your bank account” or “Withdraw funds to your card”. Only choose the option which is valid for you.

I chose the card as I did not link my Malaysian bank accounts to Paypal.

Step 4

The next screenshot might be different if you choose the “withdraw to your bank account” option but the principle is the same.

Leave the “Amount” bank. Click on “Currency Converter”.

A window will pop up with the currency converter and you can change US Dollar to any currency you want by clicking the dropdown menu. As you can see from the screenshot, the exchange rate as of 9 September 2011 is 1 USD = 2.93351 MYR.

Its that simple!

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You will notice that the Paypal rate is much lower than the actual conversion rate. As of now, the exchange rate (via CoinMill) is 1 USD = 3.00 MYR.

Paypal Help explains it as such :

How does PayPal calculate currency conversion / exchange rate?
PayPal receives a quoted wholesale rate twice a day. We then add a 2.5% spread above this rate to determine the retail foreign exchange rate that is applied to transactions involving a currency conversion.

Keep in mind that some of the rates quoted in the media are the inter-bank rates that are available only to the largest international banks, which purchase currencies in quantities of US $1,000,000 or more. A more applicable comparison for consumers is the exchange rates quoted at airports or other consumer currency exchange shops.

Source : Paypal Help

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Paypal Blogger Dinner & South East Asia based site – Paypal Unbound

Posted by IcedNyior on December 13, 2009  |  2 Comments

Well I couldn’t make it to the Paypal PowerUp event on Saturday (not that there was any space anyway, read the whole fiasco/drama here), so the guys over at Text100 invited me to a Paypal Blogger’s dinner on the 10th of December at Dubrovnik Restaurant, Solaris. It was a small affair – dinner with the bloggers and people from Paypal to discussion features and other issues.

I was a tad late because I had to rush from work and Fridays are quite difficult for me to escape early. Manage to find the place thanks to Nahri frm Text100’s directions. But I came just in time before anything started. Was introduced to Mr Mario Shiliashki, the GM of Paypal SEA, Geert Desager, Senior Marketing Manager and Amy, Head of Cross Border Asia.

Paypal PowerUp Event Rude Email. WTF!

Posted by IcedNyior on December 8, 2009  |  17 Comments

If you’re a paypal user in Malaysia, you would have been happy to know earlier this year that you could link your Maybank debit card to your Paypal account. In fact, I wrote a tutorial (click here to read) that proved useful for quite a lot of people.

A few months back, you must have been even happier to find out that you could withdraw Paypal funds to your Malaysian bank account for a minimal fee if its under RM400 and free if its over RM400.

A few days ago, you might felt surprised when you received the email below from Paypal inviting you to RSVP to the Paypal PowerUp Event – (afaik) the first ever event Paypal has organized for Malaysia. Finally Paypal has decided to acknowledge its Malaysian users – majority of which are bloggers/people who make money online.

[Tutorial] Link Maybank Visa Debit Card with Paypal

Posted by IcedNyior on August 9, 2009  |  114 Comments

Finally! After numerous complaints from users, Maybank’s Visa Debit card can finally be linked to Paypal. You can use it to verify your Paypal account and hopefully withdraw successfully.

I can’t really say if its possible to withdraw funds from Paypal or not because I’ve not tried it but what I can tell you is that it IS possible to link your Maybank debit card with some easy steps.

Click on the pics to view a bigger screenshot.

Step One
Login to your Maybank2u account. Look under Utilities and Click on Maybankcard Secure Online Shopping Registration

Step Two
Select which card you want to use. In this case, I only have one card, so that is chosen by default.

Fill in the MSOS Password (has to be between 6-8 characters) and confirm

Fill in the Personal Assurance Message. This message will appear when you are asked for your password while shopping online. I think this is to ensure that is Maybank asking for your password and not some phishing site. There must not be any characters other than a-z.

Fill in the Expired Date, CVV, Hint & Answer

Step Three
Login to www.paypal.com with your paypal email & password.

In the My Account tab, click Profile and Add/Edit Credit or Debit Card.

Key in the details of your Maybank Visa Debit Card. Make sure the address is exactly the same as your billing address.

Step Five
You will then get a verification email to your paypal account saying that you have successfully linked your card. And now all you have to do is add the code.

Step Six
Okay this is important : Wait for about ONE DAY before doing the following steps**

Login to your Maybank2u again and click on Accounts & Banking, then click on your Account number for your Account Details.

Then click on Debit Card History. You should then see an entry with the word “Paypal”. The code is the 4 numbers before the word Paypal.

Eg: PREAUTH SALE 8921PAYPAL-*EXPUSE DATED 06/08/09
Paypal Code : 8921

**If you check your account too early, you might not see the details of the transaction and would not be able to get the code

Step Seven
Log in to www.paypal.com and click on Profile, then Add/Edit Credit or Debit Card.

Click on Enter Paypal Code and enter the code you obtained in Step Six.

Success!
And now you have successfully linked your Maybank Visa Debit Card to your Paypal. You will get the refund of USD1.95 to your Paypal account.

:: NOTES ::

• If you have problems linking your card, check to make sure the details of the card is all correct – especially the Address. If all else fails, call the Maybank customer service.
• I have no idea why USD 1.00 is also deducted along with the USD 1.95 when we verify the card. I didn’t have this extra charge when verifying with Al-rajhi Visa Debit Card
• I have not tried to withdraw from Paypal to my card but I’ll be happy to hear your comments if you did try. Remember that Paypal charges USD5 per withdrawal.

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If this tutorial was helpful, please click below to buy me coffee ^_^

Of books and online shopping

Posted by IcedNyior on April 29, 2008  |  4 Comments

Someone said that its been a while since I wrote a proper post. Sorry! Been so busy lah :P Main been catching up with all my pending assignments. Have 3 projects this final sem *die!*. One of my assignments requires a short animation in 3d and this is my character, a lego man/robot. Thats a rendering of my character. I had to add knees to my lego man to allow for better movement later when I animate it. This class is really so much fun! We did bones last week and this week we’re doing skinning. Its all done in 3ds max 6. I actually have 3dsmax 9 but the lab uses 6 so better use 6 lor.

Okay, nuff about school work. I went to the PayLessBooks Warehouse sale last Sunday. It was sooo cheap! Fiction books for RM12 for 5 books and science fiction books buy 1 free 1, even for hard covers. The bf was so excited to see a StarWars hard cover book for only RM18 and a Dick Tracy book. He ended up buying 4-5 books. I ended up buying 8 books- 5 fiction (RM12), 2 science fiction (RM8) and Pulitzer (sp?) Winner book titled "Angela’s Ashes" (RM5). Cheap eh? Oh, we also bought this bookabout personalities of guys based on their horoscopes. Really interesting read.

Hurm, what else? Oh yes, I’m currently very addicted with online shopping. This month alone I spent a lot on online shopping. Which explains why Im kinda broke now.  I mostly buy stuff from overseas that I can’t get here. This is all from LYN forumers who conduct sprees so that the shipping costs will be cheaper. This is what I’ve bought as of now:

• Biomedics Contact lenses – RM75 for a box <–this one a bit expensive :( found a cheaper shop now
• White wallet for my sis – RM14
• Sunsilk Hair Mist – RM4 <–I absolutely LOVE this one!
• Elf (www.eyeslipsface.com) cosmetics (13 items) – RM100 + USD17.50 <– Decided to spend some money on my sisters about RM50 each and used my paypal to pay for half
• Bath and Body Works (www.bathandbodyworks.com) Body Splash (3 items) – RM 90
• Victoria Secret Beauty Rush Grapefruit Blast Body Drink Lotion & Double Body Mist – USD 27.90 <–yea paypal again

Whoa, after listing it out then I realized I really did spend a lot of money on shopping. LOL! Thats almost RM400 (or more) there. Okay, enough shopping till the end of the year. At least its way cheaper to pay via paypal then to withdraw it out in RM (this is to pacify myself for spending alot). Haha!

Damn you online shopping!

Opps..time for class. gtg

Tech Tuesday : NexG – Cathay Cineplexes Debit Card

Posted by IcedNyior on October 23, 2007  |  3 Comments

If you’re a student (like me) or unemployed and have no constant income, then its hard for you to apply for a credit card which usually requires all sorts of documents, bla bla bla. My solution is, just get a debit card.

Hafreze was asking me to share my experience of using this debit card so I decided to write the post. There are a few debit cards available in Malaysia, two that I know of is the Public Bank debit card and the Ambank NexG Prepaid MasterCard. After some deliberation, I chose the latter.

Read a complete guide after the jump.