But here’s the problem I’m currently facing – I can’t register for the online account. Unlike Maybank2u which can be registered via most of the Maybank ATMs, the Public Bank online account requires you to register and get the PIN number at the branch which you’ve registered your debit card. This is very very inconvenient for me because I registered my card in Kluang, Johor (I went there while I was on vacation) but I’m based in KL.

It’s funny how such a large bank will have such old and out-of-date system. For now, it’s impossible for me to register online since I no longer go back to Kluang. I’ll just have to wait for the monthly statement or cancel it, and register at a KL branch.

Other option? There is another debit card which we can use which is from Al-Rajhi Bank but the ATMs are pretty rare in Malaysia. We do have 1 Visa debit card from Maybank but that cannot be used. As of now, Maybank has not allow international-based transaction for their debit card. So, if you think you can use that for PayPal withdrawal, don’t. It will not work yet.

Hope it helps.

Anyway, to apply for PayPal is quite a straightforward process. You fill up your details and most importantly your email address. PayPal account = your email address and you will use it in all your payments. So make sure you have the right email address especially the primary email address.

Next, you will need a credit card, preferably a VISA credit card for Malaysians. This is because PayPal (as of now) does not allow people to withdraw the fund in PayPal to MasterCard credit cards. Only VISA cards can be used. When adding your VISA credit card, you will need to verify the transaction before PayPal confirms the card to be yours. You can go to your credit card statement, copy the 4-digit in front of the transaction and paste it to the card verification field inside PayPal. This is your PayPal Code.

Quoted from PayPal.com

Your unique, randomly generated 4-digit PayPal code is displayed on your credit or debit card statement next to or near the PayPal fee. In the item description section, you will see it next to the word PAYPAL.
Allow a few business days for the PayPal code to appear on your online card statement. If you do not have online access to your statement, you’ll need to wait for your statement in the mail.

The PayPal will charge $1.95 to your credit card in order to verify it. Don’t worry about it since the $1.95 will later be refunded to your PayPal account after your card has been confirmed.

Workflow to withdraw money from PayPal

However, for credit card, it’ll only minus the cash from your balance. Say you have $100 in your PayPal, withdraw it, it’ll become $95 (PayPal charges $5 per withdrawal and 1% if you withdraw the maximum $500). This $95 will help to minus all your credit card balance and you will not get any cash out unless you use a Debit Card.

For Debit Card, PayPal only recognizes Public Bank Debit Card. There are already people who managed to withdraw successfully into their debit cards but there are also people who are facing some issues.

Either way, that doesn’t deny the fact that the money is still with you. Enjoy and if you have any problems, do not hesitate to ask here.