Two Problems With The Unionbank EON-Paypal Setup
After chatting with people who have tried out the new Unionbank EON and Paypal setup for getting money online, I've learned of two general problems with it.
1. PayPal doesn't always accept the Unionbank EON card. Users need to verify to get the full benefits of PayPal. A web designer friend tried to verify her PayPal account by registering an EON card on it. When she did, she received an error message indicating that her card was denied.
In a chat with a fellow technorepreneur, I was told that one needs to have some credit history with their cards before they have the cards register.
"You have to use the card both offline and online. Fill it up with cash and get yourself a transaction history." He explained.
My web designer friend apparently used a totally fresh new EON card. Thus, she was denied.
2. It takes more than 5-7 days to transfer money from PayPal to Unionbank EON.
My technopreneur buddy tried to get some money from Unionbank EON. He transferred some cash from PayPal to EON. It was initially thought the this would only take 5-7 days. The currency was converted to pesos and took more than two weeks. My friend discovered that the transaction process wasn't really smooth. This would annoy those people who really need the money instantly.
Despite these problems, we still look forward to using this combo. If it works, Pinoys can take advantage of many online income opportunities. We predict that this getting money online through PayPal will vastly improve in a year's time.
UPDATE:
Over at Unionbankph.com, you can see that Paypal is now prominently displayed.
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June 30th, 2009 - 11:18
PayPal doesn’t always accept the Unionbank EON card
- thanks for this. just got my eon last friday and I already actvated it. Im going to deposit money later. hope it works.
- with regards to BDO, mabilis nga. I also have a BDO savings account linked to my paypal and it’s really fast.. 2 days nga. hahahaha
July 6th, 2009 - 08:15
Hi ganu katagal nyo po nakuha ung e0n nyo? Thanks. Kasi ung sakin 3 days d q pa dn nkukuha
July 14th, 2009 - 16:50
At least one week bago mo makuha EON card mo…
July 15th, 2009 - 10:52
just want to say that if it was the very first time that you transferred money from your PayPal to your bank it really will take long compare to those who have done it more often. its because it works like transacting between two people the more you do good transactions the more trust is build…
July 15th, 2009 - 20:25
Xtian, I have to agree with you. Now every time I withdraw my Paypal funds to EON, it takes me 1 working day na lang. (dati two working days eh, so pag nagwithdraw ako ng saturday, magrereflect na kagad sa eon card ko ng Monday night.)
Gaddd. I love EON!
July 16th, 2009 - 14:46
I have verified my account in paypal via eon card and I tried to withdraw a good sum of money (in fact, I withdrew the maximum amount allowed per day)… and it’s already almost 4 days now since I tried transferring, and paypal displayed the transfer as “completed” so I called UNIONBANK only to find out that the money hasn’t been transferred yet…
Ngayon napapraning nako… sana d aabot ng more than 2 weeks pagprocess ng pera ko! GAAAHHHD kelangan ko tlg un me bibilhin pa ako.
July 22nd, 2009 - 11:59
Para sa mga Bago lang mag Paypal.
1. kuha kayo ng EON sa union. Usually 1-2 weeks ma release na EON card nyo.
2. lagyan nyo nga credit ang eon nyo. Mga 200-300 pde na. Kaylangan kasi ng paypal na may laman ang card para ma verify, pero e rerefund naman ng paypal ang initial amount na macharge sa card mo.
3. mag register sa paypal then input mo yung card info mo. May charge.. pero yun nga e rerefund nman nila pag na verify na eon card mo. Then after registration.. ang paypal ay hihingi ng verification number.
4. Mag email or tumawag sa “Support ng Union Bank” at hingin ang verification number na pinadala ng paypal. Makikita kasi ang number na ito sa transaction ng paypal nuong nag charge siya ng amount sa EON card mo.
5. Pag nakuha na ang number from Union Bank ay e verify agad sa paypal account mo. At pwede kanang mag withdraw ng funds sa paypal.
6. Sa pag withdraw naman. Gamitin ang “Transfer to Bank Account” kasi mas mura ang charge ng transfer kaysa gamitin mo and EON. Sa aking experience 100php ang charge ng banko. Ang ganamit ko ay ATM account ko sa PNB.
7. Kung kaylangan nyo ng Bank Code. E google lang ang “paypal bank code” at makikita niyo ang list ng bank code for paypal.
Ang mga ito ay based sa experience ko kung pano ko na pa gana ang paypal ko. Ginamit ko lang ang EON card para ma activate ang account ko sa paypal. Eheheh. For More Info just email me.. hehehe
August 3rd, 2009 - 07:01
hi!
So I got my Paypal account verified using my credit card. Now what I am trying to do is withdraw it using my EON card. I have some questions:
1. Is it really necessary that I use the EON card first (withdraw and deposit) before I can withdraw my money using EON?
2. If I it showed on Paypal that money transfer was “completed” last July 31 how long will it take to show up on my EON card?
Thanks in advance to everyone. :)
August 3rd, 2009 - 12:28
Joyce, mamayang gabi nasa EON card mo na ung ni transfer mo from Paypal and you can withdraw it na rin via atm. Cheers!
August 3rd, 2009 - 12:29
Virtual Credit Card nalang….
you don’t need to wait for the EON of Union Bank… as long as you have savings account here in the Philippines…
I use Virtual Credit Card to verify my account for only $10/480Php and just add my BDO and BPI saving bank account and that’s it… No hassle to wait EON for 1 week and another 10 days activation before it can be use on paypal…
Just purchase VCC today, get the VCC info after 2-12hours (depends on availability)
and enter it to paypal account… And wait for the Paypal Code from Paypal.com for 2 days…
Then already verified…
August 3rd, 2009 - 12:30
The EON card is also your bank account… I only used eon to verify my paypal account..
Its much cheaper transferring to bank account than transferring to card.
If transfer to cc or dc.. paypal will charge $5 and takes about 4-5 days plus 100 php charge from bank.
If transfer to bank account [Union eon] no charge on above 6k and takes about 2-3 days only. So much cheaper and faster.
August 3rd, 2009 - 12:34
When adding bank account Info, a bank code will be required… you can find the complete list of bank code here.
August 5th, 2009 - 02:47
Hi! I am an Eon card holder since march po. I have already withdrawed for about 4 times na. I just withdrawed recently, kaya lang, my request was denied. Paypal sent me this message:
Hello (name),
An electronic funds transfer from your PayPal account to your bank account was rejected today for this reason: Invalid Bank Account Information Our system was not able to process the transaction with the bank information listed on your account. You should contact your bank regarding the bank account information required for electronic funds transfers. If you still need assistance, you may email us through our secure server at https:///wf/f=act_verifyba Thanks for using PayPal, the world’s #1 online payment service!
Thanks, PayPal
What does this mean po kaya? tama naman bank infos ko, kasi nga, its not my 1st time to withdraw. Bale P95.00 nalang po yung pera ko sa EOn (balance. Does this have anything to do with it? Hope you could help me po. Thank you!
August 5th, 2009 - 09:03
J, ows? Four times na using the bank account option? or using the card? na-deny din ako once kasi mali tlga ang nilagay kong bank account number, kasi that time, first time kong magwwithdraw using the bank account mode. Pero do not worry, ibabalik ng PayPal sa funds mo ung pera na ni-withdraw mo kaso nga lang may charge. :)
August 5th, 2009 - 10:45
Thanks Ms. Laarni for the reply. I’m worried and confused nga eh, bakit invalid eh ilang beses na akong nakapag withdraw, and yung bank account na na fill up ko sa Paypal, it never changed nman eh, i never edited anything. What’s wrong kaya? :(
August 5th, 2009 - 11:10
J, weird nga. Hindi kaya nagexpired na ung EON mo? Pero naaaccess mo pa ba ung online account mo sa Unionbank? ‘Di ko rin alam eh kung bakit. Saka kung may mag edit nung account number na naka file sa Paypal mo, may mag eemail sayo about that. Mag card ka na lang next time?
August 5th, 2009 - 12:48
J, this could happens when the paypal name you use and the EON account is not the same. They have to be exact the same name. A missing “jr” on either account is an example could prompt that error. It takes months for paypal to notice this, it’s why you get to withdraw 4 times before.
August 5th, 2009 - 17:08
4 months palang po yung card ko,sa 2012 pa mag eexpired. im so confused nga po eh. ano po ibig sabihin ng mag card? thanks po sa pagtulong.. di pa po ako masyadong magaling when it comes to this, im only 19 huhu :(
August 14th, 2009 - 16:45
ang bagal mag process ng EON T_T nag patong na ung money transfer ko to unionbank…. last monday ung pag widraw ko using paypal then nung thursday nag widraw ule ako til now wala pa ung na widraw ko nung monday….im a newbie with this card, can anyone explain to me bkt kayo 2 days lang ok na? nakakaparanoid tuloy >_<
September 11th, 2009 - 10:52
you should have at least P200 on your account before you can validate it with paypal.. its a fee they charge.. mine worked after I deposited P200..
anyway, my main problem with EON is tha I cant purchase airline tickets with it.. laging declined kahit may lamang pera.. i dont know whats up with this..
September 16th, 2009 - 08:01
mga ilang araw ba pwede na kuha nating ung paypal 4 digit code after linking my eon card po.
September 18th, 2009 - 18:06
age is not an excuse in ignorance… paypal and unionbank works.. We need to follow instructions lang talaga…
1. Denied — denied ka kasi u have forgotten to deposit at least 300 pesos sa account mo. How can paypal verify your account kung walang laman ang account mo. COMMON SENSE please!!!!
2. You have to confirm your Card.. First after na madeduct yung 1.95 dollars sau.. log in sa eon account mo through unionbankph.com, then check your history.. look for paypal code.. at ipansak mo doon sa kung saan kinakailangan ng paypal.. now that will work!
3. People usually think money withdrawn from paypal takes 4-10 days… ACTUALLY, 2-3 days lang andyan na. Kasi naman, isipin mo na bank account yan di credit card… Iwithdraw mo sa bank account mo, not sa credit card mo. 50 lang ang charge and not $5.
Common sense lang ang kailangan natin, di puro dada!
November 19th, 2009 - 16:27
Hi!
My paypal account is limited. My idea ba kayo to resolve the problem?
Na try ko ng i-add yung credit/debit card number ng EON ko, pero ganun pa rin.
Hope to hear from you!
Thanks!
December 4th, 2009 - 22:39
I had the same problem with the guys who still weren’t able to have their money reflected on their bank statement. It is almost a week now since paypal completed the withdrawal request and I still cannot see the $200 in my account. Nakakapraning and EON and to think this is my first transfer!
December 17th, 2009 - 14:57
withdrawn $500.. after 3 days nasa account ko na.. patience lang. :)