For 4 days, I have been working with this thing and gladly I finally got verified. By becoming verified in Paypal you can withdraw your funds easily and will not have withdrawal limits anymore. This makes it easier to withdraw bigger cash from your Paypal to your Bank Account.
I registered for EON Card in Unionbank PH near the University that I'm having my college. The teller told me to come back after 2 weeks before getting the card. It was that long- but I guess it's because I am living in the south of Philippines. After 2 weeks, I came back to the bank. They gave me my EON Card after paying the Annual fee of 350 Pesos.
When I came to school, I immediately opened up my computer and browsed to my Paypal account to link my EON Credit Card. After inputting the necessary details for linking the card, I still got denied. Paypal keeps telling me that my credit card was denied by the bank that issued it and told me to go to the customer service of that bank.
I went to their website and reported the error. Then, I just read that it needs 24 hours before activation. So I waited again. While waiting I registered for the Cyber Account to view my account online (e-banking), but it needs 48 hours before being activated.
Browsing back to Paypal and putting the necessary information-I still got denied. I really wondered why. I went to the customer service of the bank and told them that I was denied in Paypal. They told me that I need to have at least 100 Pesos in my ATM so that Paypal can verify it, so I deposited. After that, I tried it again. But it was still the same. I went back to the bank and told them again. The teller asked me, did you really put the necessary information of your EON card? I told him yes, I did. Then he asked me if Paypal asked for the expiration date. Of course, Paypal did and I told him that I got it correctly. So he asked me what did I entered. I said, I entered May 2011. No sir, your EON cards expiration date is 5/13 it means May 2013.
I just realized that I really did it wrong. I thought that card expires yearly since I need to pay for the 350 Pesos annual fee. I went back to Paypal and entered it. Finally, it was accepted. Paypal told me to wait for 2-3 days before receiving the transaction details. There is a code in that transaction that Paypal needs to confirm that the bank is correct. It did not take that long. After one day I went to my cyber account and checked for the last 10 transactions and it was there.
I went back to Paypal and put the codes that they asked. Then I got verified!
I went back to Paypal and put the codes that they asked. Then I got verified!Now I don't have Paypal withdrawal limits and I can withdraw my money in Paypal easily!
