Those usually begin with a 44, Pay, shop, and do even more on the PayPal app. Well walk through the features, fees and limits of the TNG Wallet and TNG Wallet Mastercard. Strap on your seat belts, this is going to be fun! I started doing ecommerce a few month back with an US account, however things didn't work out and my paypal and funds got lock for HALF a year. Just to withdraw that money? For assistance, log in to your PayPal account and click the Help link in the top right corner of any PayPal page. Check out AureliaPay now! The last thing I need, however, is to now continue doing free withdrawals and then in 12 months have paypal telling me theyre going to collect several thousand dollars in withdrawal fees for my withdrawals over the last 12 months. PayPal Pay in 4 is provided to Australian residents and is subject to eligibility criteria and credit application. We have a Remittance Partner Recommendation. 6. How to stop this scam: HONG KONG SOOUYA TECHNOLOGY LIMITED. General Policy for the Protection of Personal Data. You can make a payment through PayPal online or using the PayPal app. Is it OK if we also use cookies to show you personalized ads? We're glad you have joined us. Click Profile and settings. Telecommunications equipment, Optical, photographic and cinematographic equipment, Environmental services, renewable energies, Technical offices and engineering consultancies, architects, Hospitality, tourism, hotel and catering industries, Postal services, telecommunications, radio and television, Mining, quarrying and stoneworking plant and equipment, Paper and board making plant and equipment, Printing equipment. '', Click on the profile tab (icon next to log out) > Click on payments third option along on the thick blue band top of page > "manage pre-approved payments.''. From setup, to banking, credit cards, merchant accounts, cash flow, upkeep, operations, and more! Please read our Community Rules and Guidelines, Pay, shop, and do even more on the PayPal appGet the App. Just log in to PayPal, go to yourMessage Centerand choose New Message., To contact us on Facebook, go to facebook.com/PayPalUSA, To contact us on Twitter, go to @AskPayPal, Well use cookies to improve and customize your experience if you continue to browse. Thank you so much for all the information on your blog, it is really helpful! keep us posted. That constitutes proof of address and will work for almost every case. But we all know it is a necessary service. These charges apply to personal and commercial PayPal accounts, and are applied whenever currency conversion happens, including when you withdraw funds to your own bank account or switch currencies within your PayPal account. Pingback: Using HK for your Affiliate Marketing Business. Anonymous, Name Email Review Title Rating Review Content. Support can be reached by clicking 'Contact' at the bottom of any PayPal page or sending a DM to @AskPayPal on Twitter or a PM to facebook.com/PayPal. Dec-07-2022 07:31 PM. Users in Hong Kong SAR are advised to read the terms and conditions carefully.When you visit or interact with our sites, services, applications, tools or messaging, we or our authorised service providers may use cookies, web beacons, and other similar technologies for storing information to help provide you with a better, faster and safer experience and for advertising purposes. But requested that merchandise be send to Kong Hong. Consumer Advisory - PayPal Hong Kong Limited is a licensed issuer of a stored value facility regulated by the Hong Kong Monetary Authority under Licence Number: SVF0008. However, there may be charges which the sender has to cover. Find the address you want to update and click Edit. You can create a PayPal account for free and start receiving payments almost instantly. What about migrating a Paypal account to HK? Click here . I would also be very interested in the answer to this question. Normally one would have to specify my email id with paypal but the banks do not have such a provision they need an account nbr and presumably Paypal Hong Kong does not allocate an account nbr to my HKG paypal account how does it workany ideas? The League of . SVF0008. Hong Kong Needs Stripe Merchant Account Services! Using PayPal, send invoices and make clients pay, Accept online payments from your website via PayPal. Is it possible to do that with a Hong Kong PayPal account? It is jam packed with everything you need to know from setting up your Hong Kong limited company. This is in the form of a markup added to the exchange rate. Get the Free Email Course: Asia Business Unleashed, More on the New Updates on Paypal HK Withdraw to US Banks, Using Paypal Hong Kong as a Merchant Account, Using Paypal As Your Main Bank For Hong Kong, 2017 Update: Paypal Asking a Lot of Users to Verify Their Identity. Manage Products and Account Information Support Americas +1 212 318 2000 EMEA +44 20 7330 7500 Asia Pacific +65 6212 1000 Company Bloomberg Markets US Edition Sign In Subscribe Live Now Bloomberg. All rights reserved. kq bong da nam,cch kim tin v paypal,xs kien thiet mien trung. Your article here seems to say you dont need to be, but that clashes with what I have read other place. Relationship Start Node Node I D. 549300SKO1BSTONRKQ46 . Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. The name on the document you provided doesnt match the name on your PayPal account. Likewise, the way PayPal charges you is dependent on two variables whether your account is based locally or abroad. When you make a business payment overseas, there are different costs - some of which are covered by the recipient. 2 people found this solution to be helpful. Taking money out is a rather tricky part. *Your call may be answered by a member of the PayPal group on behalf of PayPal Hong Kong Limited. Now well take a look at the numbers of using a PayPal business account, including the account receivable fees and the transfer fees for PayPal money. GFA has full service options for various specialties below. Say that your payment is based on USD, so that would be a USD 0.30 fee. However, should you choose to use any of the other functionality available in the PayPal business account, there are some payments attached. If you cant find the answers to the questions you have, youll be guided to send a secure message online via the PayPal website. As we know, getting a bank account in Hong Kong has been troublesome. This means, you could cheat them by disputing the transfer. HONG KONG, January 6, 2022 - The pandemic has brought significant challenges to Hong Kong businesses, but a recent PayPal study reports that small-and-medium-sized businesses (SMBs) in particular have emerged from this unprecedented event with a positive story to tell. Ok, but seller want it sent to Hong Kong. Since they're. China - Mainland, Hong Kong, Macao, Taiwan regions; . The form requires me to have me to identify my address as well an Id card with signature. Check out Wise as a smart, simple way to cut the costs of sending and receiving money from overseas. Want to save with international transfers? I just want to transfer the location of my accoun. There are some expenses you need to know about whether you have an online business and get paid by PayPal. Hi Mike, this was really helpfull for me to register my paypal account and adding my bank account but, i have a question how much does it cost to top up money from hsbc to paypal ? Life time support - waqarshakeel .stars, .rr_star { If you have any problems with your payment, please contact PayPal customer service Open a new window. Please refine your search by(Localization + What, who? Seller advertised that they are located in Canada on Facebook. The name of the sender is supposed to match the name of the Paypal account holder. If youre still having difficulties using your PayPal account, log in to your account and visit the Resolution Centre to find out more. Whats my experience with Paypal? 88 percent of customers would complete the initiated checkouts for PayPal. how can I get around this. Yet, you can remain unverified with a bank account. this is the last part that is needed. Hello Mark! Welcome! Can anyone help me identify who these people are and why they are trying to take money from me monthly? Pretty scary right! Could you please advice can I accept PayPal/bank card payments from my B2B customers (worldwide) if: my business incorporated in Hong Kong, but business bank account opened in Switzerland bank ? Interested in the TNG Wallet Hong Kong? Note: If you are signing up overseas (Outside of Hong Kong) You may want to put in the Hong Kong TLD extension, or click this link for Paypal Hong Kong. KOMPASS, Each country for Paypal operates in that countrys main currency. The currency conversion rate is extremely bad at ~2.5%. Another solution is try to not withdraw any. With our independent end to end payment network, Aurelia Pay delivers payment within the same business day with competitive, fair and transparent FX rate. In as much as we would want to say, yes we found a solution, well, we didnt. Its true, just like the credit card issue it is a waste of money. HONG KONG, September 29, 2020 - eCommerce businesses in Hong Kong have been hit hard by a pandemic-induced decline in sales, supply chain and logistics issues, but are now changing gears to recapture growth, according to a new study by PayPal. Discussing with a Paypal Hong Kong representative (tried to get her on the podcast many times, but their PR is a bit strict) and she said that Paypal will ask for more verification of the business as the sales grow. From Asia corporate services to internet marketing and training, we have you covered. How easy it is to withdraw funds transferred into PayPal? Want to work with specialists in the GFA network? We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date. It is called Paypal Hosted Solution, HHS. Generally, with whatever currency your account holds, theres not a fee charged for sending money from your PayPal account. How do you know if your Paypal account is actually verified? You will need to visit the PayPal Hong Kong website and follow the measures outlined to get in contact with PayPal. I have a HK mobile phone plan that I use traveling abroad, may be worth the investment? And, worst case transfer the money to others in exchange for cash. Just discovered i have been swindled out of $39.99 a month since January 2022 from this company for i have no idea what!! Check out our complete guide to registering and using PayMe from HSBC. You probably dont want to pay Paypal approximately 2.5% to convert from USD to HKD, especially if your Hong Kong bank will then convert it back to USD. Send fake tracking numbers to win item non receipt of item claims. This Paypal guide will be regularly updated as I get more feedback and learn more from my own experience as well as clients. If the information you're shown doesn't answer your question, scroll down. If you have any tips or tricks youd like to share, or more clarifications and questions I would love you to put a comment below. Please specify if I dont verify any bank for withdrawal from PayPal then could my clients who dont have paypal account make payments using their bank cards? <img src="https://t.paypal.com/ts?nojs=1&pgrp=main%3Ahelp%3Asmart%3A%3Acontact-us&page=main%3Ahelp%3Asmart%3A%3Acontact-us%3A%3A%3A&pgst=1677681323533&calc . Lets talk about a few options: One solution in this situation is to set the primary currency of your PayPal account to HKD, the same currency as your bank account. Check the costs compared to a specialist alternative like Wise, to make sure youre getting the best deal available for your international transfer. What payment methods can I use with PayPal? You would ultimately need to pay a sum of 3.9 percent + HKD 2.35 per transaction for Hong Kong-based clients. Hello @Fred20051, @kernowlass, and @Beccadsmokes,First, thank you for that great information, @kernowlass. For the kind of transactions you make, it is necessary to use the right PayPal account otherwise you risk locking or closing your account. Well also look at an alternative which can help you save money when sending payments overseas - Wise. Prefer us to call you? irate user about withdrawing USD. This guide walks through the costs of making an online money transfer with PayPal, including the upfront charge and currency conversion fee. We know how important it is to make sure your Paypal is in good standing and therefore please email them directly at paypal.hk. UPS refused and stated address is fraudulent and would cost over $100 to send more than what I paid for merchandise. Just saw it in my account (see attached). Fake reviews.6. Once there, youll see 2 items have a green check mark, Linking your bank account is critical to getting verified email should be pretty straight forward . 4. Where it all began! This ultimate guide runs through all you need to get started paying in and out of your Alipay HK wallet. If you are able to supply any documentation from USPS that shows the item wasn't delivered to you, that may help expedite the process. Pingback: A Solution for the Hong Kong Banking Nightmare? Ive used Paypal since 2004 as a seller, with a USA account for my first e-commerce business. Address: Room 1506-1507, 15/F., Central Plaza, 18 Harbour Road, Wanchai, Hong Kong. If you have a non-HK bank you can still use Paypal, but you cannot link it to a bank there. Reviewing Neat Online HK Business Banking & Connect Your Paypal/Stripe - Product Reviews, A signed authorization letter to handle the PayPal Business Account (Paypal Sales Rep will attach it). Depending on the issue andwhether or notyou're logged in, you'll see an option to message us, call us, use the PayPal chatbot, or. Google and you can often see previous company names as they change them once enough claims roll in and Paypal stop them using their services and start over.7. No contact telephone number. Enter your address information and click Save. Not sure if Skype in has text message capabilities? Activity, company ), Click on one of the icons to share the company. Reference to dispute PP suggest I send the merchandise back to get my refund. Learn more about PayPal business fees and exchange rates, here. If you find out otherwise please let me know. (as we were incorporated and pay for a secretary with startitup in hk).Its not like I pay electricity monthly for a virtual office All ideas and suggestions are welcome! For a phone number, try a Skype IN number for like 25 usd every 3 months and it can forward. Please contact us for details for now. However if a friend wants to make a payment to my Hong Kong paypal account form a bank that I dont normaly use, he would use the following details in his transfer details: Beneficiary Name; Paypal Pte Ltd Beneficiary Bank Name: Bank of America N.A. You may also use the tools of the community accessible online. The trick is, to getting it verified to withdraw the money to a bank account. Youll pay an upfront fee, as well as a currency conversion cost. Click Update beside Address. Topup from paypal account should be no problem. Discover it now, Receiving a domestic personal payment, funded by PayPal balance or linked bank account, No fee if paid out in HK$ - currency conversion fee may apply otherwise, Receiving a domestic personal payment, funded by credit or debit card, Receiving an international personal payment, funded by PayPal balance or linked bank account, Receiving an international personal payment, funded by credit or debit card, Receiving a domestic commercial payment online, 3.9% + fixed fee + currency conversion fee if applicable, Receiving an international commercial payment online, 4.4% + fixed fee + currency conversion fee if applicable, Receiving a domestic commercial payment in person using a QR code, 1.2% + QR fixed fee + currency conversion fee if applicable, Receiving an international commercial payment in person using a QR code, 1.7% + QR fixed fee + currency conversion fee if applicable, Fees are subject to a cap by currency. I am currently having the same problem. Can you transfer your Paypal Hong Kong Account to a Paypal USA account? Check if you had a subscription set up.Click on the profile tab (icon next to log out) > Click on payments third option along on the thick blue band top of page > "manage pre-approved payments. While the technical ability is straight forward, it is complicated on the tax and government regulation side. Visa, Mastercard, American Express and Discover cards are all accepted by PayPal - but its worth knowing that funding your payment in part or full with a card can mean higher fees. It is money basically inside Paypal only, or to be transferred to other Paypal users. If youre concerned about opening up a business account here in Hong Kong, it could be on the top of your to-do list to get the processing work sorted by getting a PayPal account ready for your customers. Of course, based on whatever currency you are relying on the fixed fees are different. Its painful I know.. PayPal - How do I send money through PayPal? By browsing this website, you consent to the use of cookies. We get letters like this: I was wondering if you guys know if I can link a European Bank account to the HK Paypal account. Shop Now Pay with your preferred card Link all your cards and choose which one to use at checkout. To give an example, if you receive an online commercial payment in HKD, there is an extra HK$2.35 to pay. However, there are fees for this service youll want to know about. If you have a problem with your PayPal account, the first thing to do is head over to the PayPal Contact Us page. Businesses need to receive money from customers, as almost everyone around the globe has an account with them. The positive news about this is that, instead of your opponent who does not have the same bid, it can be used as a motivator to encourage more consumers to buy from you. Further to these requirements, we need to collect additional information from you. 1. But stay positive and make steps forward each day! The details, per the email: "CSP-Basic Storage 7 days and . So, I contacted them saying that I wasnt quoted a fee for my withdrawal, and that I dont appear to have been charged, and asking would there be a charge later on. The fee is, as you say, crazy. Please read our Community Rules and Guidelines, Pay, shop, and do even more on the PayPal appGet the App. Now its your turn to share what is your rating for Paypal Hong Kong. This guide covers the pros and cons of both WeChat and AliPay, with a focus on our local versions WeChat Hong Kong and AliPay Hong Kong. In the meantime, you can still open and operate with a Paypal HK account. By continuing to use our services beginning May 25, 2018, you acknowledge and agree to our updated Privacy Policy and Cookies Policy. Paypal Pro is a common account option in the US and UK and other countries, but not as common in Hong Kong. Hey Roger, They always wanted residential address proof in HK but lately have been more strict about it. 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Interested in the PayPal Hong Kong let me know scam: Hong Kong has troublesome! Kong-Based clients shop, and do even more on the PayPal appGet the.! Best deal available for your Affiliate Marketing business Kong has been troublesome your cards and which! Or using the PayPal group on behalf of PayPal Hong Kong PayPal account, log in your... Get in contact with PayPal Hong Kong-based clients is provided to Australian residents and is subject to eligibility criteria credit... Locally or abroad & # x27 ; t answer your question, down.