Tuesday, October 20, 2009

Paypal now accept Malaysian RInggit (MYR) currency

Sign up for PayPal and start accepting credit card payments instantly.

Good news for Malaysian citizen as now paypal has their new features with MYR (Malaysian Ringgit) as one of the accepted currency trading in the menu. Perhaps this is what we are waiting for as this is good for trades among Malaysian to use paypall as the payment gateway. We don't have to depend on forex currency beause sometime US dollar is very high which is really annoying if we just doing local online trading.

BUT, I realized that the currency converter is no longer available in the options. This means, if you have funds in 3 different currencies, you have to withdraw them one by one. The bad news is, every transaction will be charged! Now, I feel really annoyed with pay pal. Couple months before, I used to visit paypalsucks page to get know about what they are really hate about paypal.

Even I've been using pay pal since 2002, I get noticed that they start to feel 'powerful' in term of "most popular payment method" on the internet. I do agree paypal is very secure for online payment, which they do the credit card processing. On one side, they are really good for the buyer but on the other side, I think it is not fair enough for the seller. I have bad experience with paypal this year that made me think of another online payment gateway that accept credit cards.

I just applied to alertpay, which they accept credit cards online. But still waiting for verification (anyone have experience with them?? please..). I've checked with Google checkout but currently they just accept merchant from Unisted States only. I haven't look at paypay (what the hck is this huh??) or stormpay yet. How about you guys? Do you like the new paypal features?

Love to hear what you think!


  1. I hope you can share more about Alertpay. I learn about paypal accepting RM here...but it's good that they accept/acknowledge our currency

  2. Cyza > Probably because we have paypal.com.my and lots of internet marketer in Malaysia are very active with internet money transaction.
    I will share about alertpay as soon as I get verified.

  3. em. thats good. I believe this is really a good news for us.

  4. greentvseries > it is good for better and more efficient transaction. Not good for withdraw money.. :(

  5. Somethin' Urby Creative Team> Thanks. Hope another payment gateway can be efficient and compete with Pay pal.


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