Thursday, January 27, 2011

PayPal and Visa Debit Cards

Sign up for PayPal and start accepting credit card payments instantly.
The first thing that you have to consider before participating in blog advertising is to get a Paypal account. Paypal is your main tool to allow money transfers and payments from the advertisers.
now once you got the PayPal, the next step is to link it to your credit card.
For non-credit card holders like me, you better get a debit card from some selected banks. Here in Philippines, Visa debit cards are issued by Union Bank of the Philippines (e-Wallet & eon), Chinatrust, Equicom Savings Bank (Key Card & Cash Card), Banco De Oro, HSBC, HSBC Savings Bank & Sterling Bank of Asia (VISA ShopNPay prepaid and debit cards).
Mine is Eon Card issued by Union Bank.
Union Bank of the Philippines cards, Equicom Savings Bank & Sterling Bank of Asia EMV cards which can also be used for internet purchases. Sterling Bank of Asia has released its first line of prepaid and debit Visa cards with EMV chip. MasterCard debit cards are issued by Banco de Oro, Security Bank (Cashlink & Cash Card) & Smart Communications (Smart Money) tied up with Banco De Oro. MasterCard Electronic cards are issued by BPI (Express Cash) and Security Bank (CashLink Plus). All VISA and MasterCard based debit cards in the Philippines are non-embossed and are marked either for "Electronic Use Only" (VISA/MasterCard) or "Valid only where MasterCard Electronic is Accepted" (MasterCard Electronic).
Debit cards may also allow for instant withdrawal of cash, acting as the ATM card for withdrawing cash and as a check guarantee card. Merchants may also offer cashback facilities to customers, where a customer can withdraw cash along with their purchase.
Sign up for PayPal and start accepting credit card payments instantly.

3 comments:

  1. Oh! So BDO stands for Banco De Oro? See so many BDO banks during my stay in Manila! : )

    ReplyDelete
  2. BPI is not included in the list? My bank is BPI!

    Hmmmm....

    ReplyDelete
  3. hey Ish i mentioned the BPI haha
    "MasterCard Electronic cards are issued by BPI (Express Cash)"

    ReplyDelete

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