Comments on: Almost 60% Of Americans Are Oblivious To Online Scams

By: Azlan Afandi

Azlan Afandi — Fri, 17 Aug 2007 13:38:16 +0000

Well, I do use PayPal, but I do have a US based account. It’s not as hard as it sounds. If you don’t like Paypal, you can always try Moneybookers, it’s actually easier and you can’t withdraw to your account in whatever country it is that you live. The drawback is that it’s not so popular yet. Or just keep your paypal balance and use it to buy stuff online, that surely works!

By: Wahlau.NET

Wahlau.NET — Fri, 17 Aug 2007 09:33:58 +0000

there is an oprah issue on this…….something like 1/10 fall for nigerian money scam……got quite a lot of stats…should go download that and watch

By: Azmeen

Azmeen — Fri, 17 Aug 2007 08:54:53 +0000

Kay, I don’t use PayPal to receive money, and thus need no “alternatives”. Good old fashion cheques is my preferred method of receiving payments

Anthony, Yep, agreed. Luckily for me though, I don’t usually have any of those “accounts” that need updating

By: Anthony

Anthony — Thu, 16 Aug 2007 19:45:41 +0000

I’ve been fortunate, and have not been a victim to these losers. I think one of the easiest ones to fall for are all those fake ebay emails, that are telling people to update their account info or their accounts will be suspended.

By: Kay Kastum

Kay Kastum — Thu, 16 Aug 2007 17:46:21 +0000

Hey..long time no comment! He he

Of course there are other ways around it.
BTW, care to share your PayPal alternative?

By: Azmeen

Azmeen — Thu, 16 Aug 2007 11:50:51 +0000

Sorry about the link Criz. I’ve corrected it.

I’m no economist or financial expert nor am I a Bank Negara official, but I think and assume that it’s Bank Negara who’s not letting PayPal operate in Malaysia. The reason is simple, they act like a bank, collect and transfer money like a bank, but yet they are not really registered as a bank.

If PayPal was allowed to operate in Malaysia but not as a bank, it can be pretty much used as a money laundering tool very easily. And because it’s not operating as a bank, it’s hard to apply our AMLA laws on them.

That is why I don’t use PayPal to receive money. Their future in Malaysia is uncertain at best. And I don’t want to get into unnecessary hassles dealing with an entity who’s status is uncertain in my country of residence.

Anyway, you can’t withdraw PayPal money into any Malaysian bank account at all. Not with PB Debit Card, nor any other card.

By: Criz's Sanctuary

Criz's Sanctuary — Thu, 16 Aug 2007 10:10:30 +0000

Can’t seem to click on your scam victim link. I wonder why too. Anyway, that was one of the main cause why PayPal did not accept Malaysia as it was one of the top credit fault country. Don’t know how true it is but I heard that you can now transfer to Public Bank Debit Card and withdraw the cash out now. Can you help me clarify on this as there are not many search that can confirm this.