Paypal (Philippines)

Where moneygrams and wire transfers were the standard in the 20th century, today millions and millions of Internet users prefer to use PayPal to send money to each other via email. PayPal has become such a convenient and trusted way to transfer money online, 95% of eBay’s purchases go through PayPal.

As an online financial transaction broker, PayPal lets people send money to each other’s email addresses. At no time will either party see the other’s credit card or bank information. The requirements in for paypal account are (1) an email address (2) a credit card.

Don’t have a credit card? Here’s one good news..

With Unionbank’s EON CyberAccount, you can easily get a Visa Electron debit card which you can also use for your PayPal! Applying for a CyberAccount is easier and much faster than applying for a credit card.. there is no minimum balance to maintain and the annual fee is just Php350.00 (that’s for one year, if you’re active in clicking at bux.to, you can pretty much cover that amount in less time).

How to apply for your visa electron card?

1. Fill out the online application form on UnionBank’s website found here.
2. After submitting the form, wait for an e-mail from the bank with details on when and where to pick-up your debit card.
3. In picking up your card, don’t forget to bring the following IDs:
   1. at least one of these
      1. Current Driver’s License,
      2. Valid Passport,
      3. Professional Regulation Commission (PRC) ID,
      4. Major Credit Cards,
      5. Permit to Carry Firearms
   2. or at least two of these
      1. Tax Identification Number (TIN) Card,
      2. Social Security System (SSS)/Government Service Insurance System Card,
      3. Current Company ID,
      4. Postal ID,
      5. Current School ID (for students only)
4. The annual fee of P350.00 must be paid when you pick up your EON Visa Electron card.
5. Deposit an amount equal or higher than $1.95 on your account, Php200.00 will do. Why? Because PayPal will need this to check and validate your debit card.
6. Next thing you need is to acquire your expuse number (expanded use) - 4 digit number needed in verifying a PayPal account and also a requirement to lift the $100 sending limit in PayPal. Enroll your Debit Card at Unionbank Online Banking for EON CyberAccount. Go to your PayPal account and add your EON Visa Electron as your credit card. The Billing Address should be the same on what is reflected on your EON Cyberaccount. When approved, wait for 3-4 days and e-mail Unionbank Services online via your EON CyberAccount and ask for your PayPal Expanded Code. The other option is to call UnionBank’s hotline number at 84-186. Once you receive the Expanded Code, go to your PayPal account and fill out the Expanded Code field. Congratulations! You can now use PayPal to receive your bux.to earnings.