PayPal is an account-based system that lets anyone with an email address securely send and receive online payments using their credit card or bank account. It is the most popular way to electronically pay for eBay auctions and it is becoming a cheap way for merchants to accept credit cards on their on-line storefronts instead of using a traditional payment gateway.
MalaysiaPal is an alternative method of withdrawing money from your Paypal account. As we all know, Paypal need a US account to withdraw money, ie Paypal will transfer money from an account via TT (telegraphic transfer) to that US account. Since Malaysia is not included in Paypal enabled country, Malaysia's web merchant found it is very difficult to use Paypal.
A few suggested to use Singapore's bank account but it will cost quite a lot. And now, there's a Malaysian who will expose how to withdraw money, without leaving Malaysia and without opening any Singapore bank account. Lets hope this new technic won't severely cost us.
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