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.
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. :)
February 18th, 2010 - 06:30
Hi!
Has anyone encountered a negative balance?
Does paypal charge that to your CC if you are unable to resolve it?
Which bank charges 50php as transfer fee from paypal?
I used to transfer to my BPI and it charged me 150php.
March 14th, 2010 - 02:14
Thanks for the heads up. I have some friends in Olongapo whom I am trying to help make money online with their own e-business and I didn’t know about EON. Good information. I’ll pass that along
March 23rd, 2010 - 14:43
I’m withdrawing 100+USD to Eon, it’s now 8 days and the money has not yet reflected to eon… Can anybody help? It says completed at paypal…
April 12th, 2010 - 10:45
I just had my EON. I dunno if I did it correctly. I added my EON Account to the Add Bank Account option with paypal. Then I withdrew funds from my paypal account by using the “Withdraw funds to your bank account” option. Paypal indicated that the transaction is “completed” but it has already been 3 days now and the funds still does not reflect on my EON account.
Did I do it wrong? Some say that I should have done it with the “Withdraw funds to your card” option since EON is a debit card. Other say any option wil do, “to bank account” or “to Card”.
Im worried coz i transfered a big amount of money.
Any inputs?
April 15th, 2010 - 13:53
hi
can anyone help? how to check kung may laman na yung eon card mo thru net? kasi i’ve tried sa unionbank website but i dont know how at san dun?
pa help naman po.
thanks,
May 7th, 2010 - 19:55
I have same problem. It’s my first time to withdraw paypal using my EON. I withdrawn it last April 29 and the status was already “completed” but until now the money is not yet in my account. The paypal sent an email that says by May 6 the money will be in my account. It’s been a week but none yet. Is this normal in Paypal and EON? HELPPPP!!!!
May 9th, 2010 - 20:28
I cannot log in to eon, sabi daw after 48 hours, tapos na ung 48 hours kanina pero hindi pa rin ako makalog in, , ,
May 12th, 2010 - 13:22
Hi Guys,
Thanks for having this discussion we really appreciate forums like this, anyway just to clarify things with you; you have to remember that when you register your UnionBank Visa card, PayPal will charge you the equivalent of US$ 1.95 for expanded use. Pay Pal will credit you back the US$ 1.95 amount on your first PayPal transaction. For EON and eWallet cards, your account must be active and must have the equivalent of US$ 1.95 or atleast P200.00 pesos in order for the expanded use transaction to go through when you first enroll your card.
You will then be issued a 4-digit Expanded Use Number. But, please allow 5 days for the Expanded Use Number to reflect on your statement.
For EON Visa Electron and eWallet Card holders, you can view your 4-digit Expanded Use Number online by logging on to your account and viewing the transaction history. The expanded use number will be located next to the PayPal transaction entry description.
Once you have this number, go back to the My Account Overview section of the PayPal web site and click on “Finish Expanded Use Enrollment” to enter the 4-digit number.
***Also, please take note that your first name and surname on your Paypal account must match the name of your bank account. If it does not , the withdrawal request will be rejected by UnionBank. ***
For the transfer from your Paypal to EON, usually it will be completed within 5 Banking/Working Days. It takes 4 Banking/Working Days before UnionBank receives the money from Paypal, and then it takes 1 Banking/Working Day for UnionBank to credit the amount withdrawn to your EON Account. However, this may be shorten depending on the relationship you had with paypal. Meaning the more frequent you do transactions using your paypal, the faster the verification would be. Nevertheless if you have not yet received your money within 5 banking days, you may wantto call our Customer Service at 841 8600 to ask for the status of your account. I hope I was able to helped you with your apprehensions.
If you still have other concerns regarding your EON card or any other UnionBank products, you may visit our website at http://www.unionbankph.com. You may want to follow us on our twitter @unionbankph or be our fan at facebook.com/unionbankph. We would be very happy to see you there. :-)
Thank you!
UnionBank of the Philippines
May 25th, 2010 - 17:45
Hi,
Nag withdraw ako last May 20 sa paypal at nag re-flect naman agad nung 23 or 24 na completed na yung transaction. Pero kahapon ko lang na realize na nagkamali ako at instead na ACCT number, card number ang nailagay ko sa withdrawal.
Confusing yung video ng union bank about this. Ang sabi kasi “just like enrolling a debit card” ang pag w withraw. pinutol pa sa video yung ilalagay na yung 12 digit account number. :(
Anyway, gusto ko lang malaman kung pano nyo na resolve. I already called union bank. System down daw sila eh. Should I e-mail Paypal instead?
Salamat ng marami! :P
June 29th, 2010 - 22:19
note:
You don’t need to call unionbank customer service to get the four digit verification code. Once you have an EON account online, you can see the four digits at the account summary right away (A FEW MINUTES after you applied for credit/debit card verification with Paypal). I was able to have complete verification of my EON card for Paypal all in the same hour.
By the way, Paypal charged a total of PhP101.00 (as per the transaction details on my EON account online).
So just to share, here is what i suggest:
For EON
1. Open EON account at any unionbank.
2. After you have received the card, deposit at least PhP200.00
3. Then create an EON account online one or two days after you have received the card and have access to the atm.
For Paypal
1. Create a paypal account
(Since you already have an EON Card and EON account online, it’s going to be easier)
2. Then add your EON account number (12 digits) (This is where you can transfer your Paypal funds to)
3. Have your EON VISA card number verified (16 digits) plus have the 3-digit security code at the back of the card and card expiry date ready
Paypal will then wait for the four-digit code on your “bill”
4. To get this 4-digit code, go to your EON account online and choose the last 10 transactions. Again, the four-digit code should appear a few minutes after you have applied for card verification.
5. Then go back to your Paypal account to enter this 4-digit code.
d^_^b