Wednesday, June 9, 2010

How Do You Get Paid When You Are Working Online?




Ever wonder how would you get paid if you are going to work online? There are hundreds of online payment service providers but I am just going to introduce you the most notable one which is known as Paypal. And what is Paypal? It is an acquiring bank that allows you to receive and send money through the internet. Once registered to Paypal, you will have your Paypal Email Address.  Now, to get your salary, you will just need to give your Paypal Email Address to the company you worked for.

What are the requirements to register to paypal? You will just need to have a credit card or debit card which has Visa, American Express, Discover or Mastercard logo in it. You need to link your credit or debit card to your paypal to be able to transfer your money from your paypal to your bank account.

Now, if you are from Philippines and you don’t have credit or debit card, I would recommend UnionBank EON VISA Card. I tried linking my paypal with other credit / debit cards from other banks in the Philippines but UnionBank EON VISA Card works best for me.  It's a debit card. So, no need to bring cash when you go shopping since you can just swipe it. Plus, you can also pay your bill s online.No maintaining balance. You will just have to pay 350 php once a year.  By the way, It took me three weeks to wait for my EON Debit Card. The requirements are:
  • 2 pieces of ID pictures (1x1)
  • Cedula
  •  2 VALID IDs and (any of the following NBI, SSS, Voters,Postal) - Just photocopy them , should be back to back
  • Birth Certificate 
  • 350 php 
Once you get your UnionBank EON VISA Card, link it with your Paypal. Enter your 16- character card number and Card Verification Value(CVV) –last 3-digit number found at the back of the card .You will need to deposit at least 200 php because paypal will need US$ 1.95 charge for the linking process. But don’t need to worry because that US$ 1.95 will be given back to once done. After five days, UnionBank will provide you a 4-digit Expanded Use Number. You will find this a 4-digit Expanded Use Number in your online statement. Then you will just need to input this 4-digit number in your paypal account.

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1 comment:

Anonymous said...

Thanks for the info. Surely I will get an EON Card.