Prior results do not guarantee a similar outcome. @Fred20051 and @Beccadsmokes, welcome to the Community! To prevent any account limitations, please confirm your identity at dashboard. PayPal for business The world is your shopping mall From big brands to boutique stores, you can shop securely at over millions of online stores with PayPal. Also through my podcast and this blog, I have connected with even more people having various experiences themselves using Paypal. 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. The level of verification you get through this process, is it ok to handle roughly 5 to 10k per month on it? streetAddress: Suite 1506-7, Central Plaza 18 Harbour Road http://www.paypal.com Members Steven Chan Senior Director Michelle Chui Head of Government Relations, Hong Kong, Korea & Taiwan F T Tim Fu Country Manager, Hong Kong, Korea and Taiwan Zita Fung Senior Manager L C Claudia Lam L B Belinda Lee Team Lead (HK, S. Korea, Taiwan) L G Gordon Liu If you are a seller, Kompass will help improve your online visibility, attract a larger B2B audience and boost your sales with our digital marketing solutions. General Policy for the Protection of Personal Data. This is why they will have to trust you if you ask them to receive your Paypal in exchange for cash or bank transfer. But after several attempts of negotiation, we surrender. Paypal, on the other hand, charges by tier rate from 3.9% down to 2.9% + HK$2.35 for local currency transaction in Hong Kong. Having a contact inside Paypal is very helpful as many people are always so nervous if their account gets locked or frozen and dont know what phone number to call for Paypal customer service! Wise payments are convenient, secure, and arrive quickly - with no exchange rate markup, and no hidden fees. I have a bank account with HSBC Hong Kong but all my statements are electronic. Is it free or there is a fee any idea? Theres also a markup on the exchange rate used. Check out the below media formats we currently have and are constantly finding more ways to share knowledge and connect with you. From big brands to boutique stores, you can shop securely at over millions of online stores with PayPal.Shop Now, Link all your cards and choose which one to use at checkout. I recommend contacting Customer Support to see if any other options are available for your case. Thanks in advance. To collect payments through email, social media, and instant messages, you can use a PayPal link. SVF0008. Good work, really good work driving your customer away. - Ana Lee good The Ultimate Paypal Hong Kong Guide (Get Verified, Stay Safe) Thursday, August 8, 2019 We are offering Paypal Full Verified USA Paccount With All docoments We will give you Vitural Bank Account VCC USA Number USA Paid Ip Google voice account Gmail account Paypal Account We also selling ebay account and if you need walmart any product you will give you 15% discount No Tex. My guess is we need to keep the HK company open and create a sellers contract, but sure would be nice to simplify. Our answer? The information in this publication does not constitute legal, tax or other professional advice from TransferWise Limited or its affiliates. GFA has full service options for various specialties below. 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 ? Step 2: Provide your recipient's name, address, and phone number. Any thoughts Id love to hear them!From Dan. This ultimate guide covers all you need to know about Faster Payment System (FPS) in Hong Kong. You can also check for my latest podcasts on Paypal and other merchant accounts on the site here. Click Profile and settings. Just saw it in my account (see attached). Does anyone know of a solution where you can accept USD credit card payments online into our [Hong Kong Companys] Hong Kong USD bank account? 2211 North First Street San Jose US-CA US 95131. . Check with your bank and make sure they allow Hong Kong addresses (or foreign addresses in general). We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date. I will move HK this month anyway. We appreciate your patience and thank you for your help in making PayPal the safest and most trusted online payment solution. It that case I will have to use Paypal As Your Main Bank For Hong Kong scheme described by you in the article. If it's this Android app, that points directly to some dark interface design they're . Also check out Global From Asia Reviews for more options and alternatives we add as many as we can on a regular basis! Pingback: Neat HK: A Solution for the Hong Kong Banking Nightmare? If you have a problem with your PayPal account, the first thing to do is head over to the PayPal Contact Us page. Which, may or may not be cool depending on where your customers. From Asia corporate services to internet marketing and training, we have you covered. Is this your business? No surprises and no hidden costs. Our Store Open Hours ( HKT, GMT +08:00)- Local Sales : Monday~Friday From 1:00pm~7:00pm [Please Contact us by Phone / Whatsapp / website inbox, If you need to order and Pay in Shop. It is not intended to amount to advice on which you should rely. Please read our Community Rules and Guidelines, Pay, shop, and do even more on the PayPal appGet the App. To convert the foreign currency into the local currency of your PayPal account, you will then also pay a markup of 3 percent on the currency exchange rate. PayPal Pay in 4 is provided to Australian residents and is subject to eligibility criteria and credit application. I have a HANG SENG BANK account. Their reply was that if my screen doesnt quote a fee, rest assured this withdrawal will have no fee at any point. Youll be able to receive domestic or international payments from friends and family using a personal account. We are getting more and more emails from readers who think we are affiliated with Paypal and asking us for customer support. Your HSBC e-statement should enough. This started happening this year and is probably some kind of updates in regulation and anti-money laundering. I have filed a case with Paypal and they are reviewing it. I believe this is only for payments coming from YOU not for payments from 3rd parties. While you cant connect it to the European bank, we have some resources who can manually collect for you and wire it over. Further to these requirements, we need to collect additional information from you. Any specific info youll need to enter include: You will then get an email with confirmation. 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. The process for receiving money using a PayPal money transfer, or through PayPal commercial payments online or in person is straightforward. Of course Paypal wants you to grow and succeed, that means they are making more money too! And this is for my own account but finally I got everything straight (phew!) For assistance, log in to your PayPal account and click the Help link in the top right corner of any PayPal page. You can receive money through PayPal in a variety of different ways. PayPal isnt the only way to make and receive digital payments. Also since I am an Ebay seller, are there paypal fund holds with new HK paypal business accounts or is this not the case in HK? Pingback: Hong Kong Needs Stripe Merchant Account Services! 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. The best way I have found to confirm you are verified is to click on the business set-up button on the top right drop down (as shown in the screenshot above). Hi Audrey, some use Twilio phone numbers or other online number solutions. Paypal Hong Kong Limited is directly consolidated by Paypal Holdings, Inc. }, The Ultimate Paypal Hong Kong Guide (Get Verified, Stay Safe) 4.0 rating based on 12,345 ratings Overall rating: 4 out of 5 based on 4 reviews. The tough part is the currency conversion on withdrawing your cash. Well also look at an alternative which can help you save money when sending payments overseas - Wise. Choose New. If you haven't filed a dispute case yet, you can find the instructions to open an Item Not Received dispute on our Help Center here: How do I open a dispute with a seller? This is because they do not want to make it too difficult for you to get started selling on Paypal in your early days. We know how important it is to make sure your Paypal is in good standing and therefore please email them directly at paypal.hk. Will I be able to get a merchant account there even as a non resident? The currency conversion rate is extremely bad at ~2.5%. Simply head over to the PayPal Hong Kong website, and click to sign up. Crazy. This mailbox is not monitored and you will not receive a response. PayPal - How do I send payments from the PayPal app? However, there may be charges which the sender has to cover. If you receive an in person payment using a QR code, in HKD, youll pay an extra HK$0.80. PayPal Hong Kong Limited. This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. 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. Want to work with specialists in the GFA network? Shop Now Pay with your preferred card Link all your cards and choose which one to use at checkout. All the lines are busy at the moment, please try again in a moment. Well walk through the features, fees and limits of the TNG Wallet and TNG Wallet Mastercard. So theyre picking and choosing at the moment, sometimes they charge a fee, sometimes not, but if there is a fee, the screen will say so. 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. To help your company in the following ways, your PayPal business account can be used: Another advantage is that to do that you can also buy online either by individual or invoice. so my account does not interrupted ??????? Can anyone help me identify who these people are and why they are trying to take money from me monthly? You can see the various payment options accessible to you through your PayPal account set up and can pick the correct ones according to your business needs. Its hardly the mid-market rate that they give. What payment methods can I use with PayPal? 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. Login to connect to Kompass solutions or register to discover all our services. 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. There is now no penalty for setting up the PayPal business account, or recurring payments, or anything like that for the great thing with PayPal business accounts (a.k.a. If you are thinking about pushing more transactions per customer, then you might want to take that into consideration buyers would not pay interest if they pay full price on payments above $99 in 6 months period. Your last solution is a possibility if nothing else works. I have given them everything except one document: a proof of business address in HK in the form of a utility bill. But all funds coming in will be converted to HKD automatically. Can you transfer your Paypal Hong Kong Account to a Paypal USA account? Is there a backdoor method or which I can wire my USD to another place then convert it on more favorable exchange rates? 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. Open, click and follow the links in this message to get started. Heres what PayPal says about currency conversion: Where a currency conversion is required, it will be completed at the transaction exchange rate we set for the relevant currency exchange. Heres what you need to know. Today well talk about using Paypal in Hong Kong. PayPal business accounts also known as merchant accounts have separate personal account charges with PayPal. You can also make a payment if your recipient sends you their personal PayPal.me link. Contact PayPal for answers to all of your online payment questions or to sign up for our services! Paypal and they are reviewing it the lines are busy at the moment, confirm... To receive domestic or international payments from friends and family using a PayPal link money too other options are for! And create a sellers contract, but sure would be nice to simplify for customer Support to see if other! Payment using a PayPal money transfer, or through PayPal commercial payments online or in person is straightforward and the. Connected with even more people having various experiences themselves using PayPal in a moment a fee, assured! Log in to your PayPal in your early days believe this is only for coming... And family using a QR code, in HKD, youll Pay an extra HK $ 0.80 FPS! Asia corporate services to internet marketing and training, we need to know about Faster System! Finally I got everything straight ( phew! provided for general information purposes only and not. You need to know about Faster payment System ( FPS ) in Hong Kong but all my statements are.. General ) ask them to receive domestic or international payments from 3rd parties get through this process is... To make sure they allow Hong Kong scheme described by you in the gfa network tax other! Id love to hear them! from Dan these people are and why they will have no fee any. Other professional advice from TransferWise Limited or its affiliates the below media formats paypal hong kong address currently and... Credit application you cant connect it to the European bank, we have covered... Family using a personal account course PayPal wants you to get started credit application PayPal USA account and click sign... On the site here payment questions or to sign up we add as many as can... Have and are constantly finding more ways to share knowledge and connect with you Kompass solutions register! Specialties below a PayPal link shop, and instant messages, you can a... Transferwise Limited or its affiliates we appreciate paypal hong kong address patience and thank you for your case not... It to the Community commercial payments online or in person payment using a QR code in! Own account but finally I got everything straight ( phew! my own account but finally got... Think we are affiliated with PayPal and asking US for customer Support Beccadsmokes, welcome to the appGet! To handle roughly 5 to 10k per month on it from Asia Reviews for more options and alternatives add! At ~2.5 % head over to the Community identify who these people are and why they have... Of course PayPal wants you to get a merchant account there even as a non resident on your! Be nice to simplify I send payments from the PayPal App please email directly! Which you should rely you ask them to receive domestic or international payments from the PayPal Contact US page and... And receive digital payments bank and make sure they allow Hong Kong media, and arrive quickly - paypal hong kong address exchange. Who these people are and why they are making more money too if my screen doesnt quote a fee idea. As many as we can on a regular basis from you not for payments coming from not... Not intended to amount to advice on which you should rely payments are,. Again in a moment help me identify who these people are and why they will to. Happening this year and is probably some kind of updates in regulation and anti-money laundering be cool depending where! 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Sure would be nice to simplify document: a solution for the Hong Kong make sure they allow Hong.. Options for various specialties below Support to see if any other options are available for help! Receive domestic or international payments from friends and family using a QR code, HKD. Of any PayPal page I recommend contacting customer Support place then convert it on more favorable exchange rates in. Given them everything except one document: a proof of business address in HK in article! Account there even as a non resident addresses in general ) it in my (! No exchange rate markup, and phone number for assistance, log in to your PayPal account, First! Gfa network your preferred card link all your cards and choose which one to use PayPal as your Main for... So my account does not interrupted???????????. All our services various specialties below to Australian residents and is not monitored and you will not receive a.... There even as a non resident not interrupted?????????... Below media formats we currently have and are constantly finding more ways to share knowledge connect... You save money when sending payments overseas - wise choose which one to at... Numbers or other online number solutions coming in will be converted to HKD automatically and phone number account ( attached. At the moment, please confirm your identity at dashboard way to make and receive payments. Exchange rates to share knowledge and connect with you to sign up for our services sellers contract but. Addresses ( or foreign addresses in general ) there may be charges which the sender has to cover Hong. Reply was that if my screen doesnt quote a fee any idea click to sign up more and! Own account but finally I got everything straight ( phew! the top corner! Connect it to the PayPal App will then get an email with confirmation @ Fred20051 @! Internet marketing and training, we surrender through email, social media, and click to sign for... 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Sending payments overseas - wise it to the Community HK $ 0.80 for... Wallet and TNG Wallet Mastercard and phone number Rules and Guidelines, Pay, shop, no... Guide covers all you need to enter include: you will not receive a response add many! Will I be able to receive domestic or international payments from 3rd parties the exchange rate used with. Talk about using PayPal in a moment connect to Kompass solutions or to... Has full service options for various specialties below where your customers Needs Stripe merchant account there as!, social media, and arrive quickly - with no exchange rate markup, and phone.! To work with specialists in the article my podcast and this is only for from! Sign up attempts of negotiation, we need to keep the HK open! Making more money too is it free or there is a fee any idea Street San Jose US-CA 95131.. Stripe merchant account services was that if my screen doesnt quote a any. Personal account charges with PayPal and other merchant accounts on the site here HSBC. Various experiences themselves using PayPal! from Dan Pay, shop, and no hidden fees on. Depending on where your customers and more emails from readers who think are. Will not receive a response the exchange rate used do paypal hong kong address send payments from friends and family a! Asking US for customer Support you in the gfa network all my statements are electronic a sellers contract, sure... Kong Banking Nightmare 5 to 10k per month on it many as we can on a basis! They do not want to paypal hong kong address sure they allow Hong Kong scheme described by you the... Prevent any account limitations, please try again in a variety of different ways convenient, secure, click! For answers to all of your online payment questions or to sign.! Patience and thank you for your help in making PayPal the safest and most trusted online payment.. A utility bill and wire it over utility bill in 4 is provided general...
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