There are some instances that this method did not work for some, so please do it under your own risk. I did use a smart card to transfer money to my paypal funds just a few days ago so it's tested. Smart money card is a service of SMART , one of the country's largest wireless service provider's network .
|Smart money card sample|
We will now go through the steps on how to withdraw your paypal money. But first make sure that you have all the requirements before proceeding.
- A smart sim or a TNT (talk n 'txt) sim number
- P120.00 for the payment of the card
- A smart outlet in your area
- A paypal account (verified or unverified). Check here to learn how to verify.
- Find and go to "SIM services" on your phone
- Go to "smart money" then select active. Or, you can text " money " and send it to 343.
- Enter a six digit number to serve as your pin. Enter it twice.
- Take note of the text message that you will receive. That will be your account number "ATM number" for your money smart card.
STEP 2 . Proceed to a smart outlet
- The guard will ask you upon entering, tell the guard that you want to get a smart card money.
- He / She will then give you a form that you need to fill up. Fill it up correctly with the received account number and your personal information
- Go back to the guard and ask him for a priority number to proceed to the tellers.
- Wait for your turn. Once it is your turn, tell the teller that you want a smart money card. He / She will ask you if you want it to be personalized (name on card), say yes or no depending on what you prefer.
- P120.00 pay the fee for the smart money card.
- Teller will tell you to wait for a text message on the SIM that you associated with your smart money account. Processing will take within a week.
STEP 3. Proceed to your Paypal account to add you info. The good thing here is that your smart money will also serve as your bank account. The bank account is registered under BDO (Banco de Oro).
- To get you bank account number, check it under any ATM machine.
- Go to Add / Edit Bank Account on your paypal account.
|Paypal Add / Edit Bank Account option|
- Place the name bank Banco de Oro and the bank code 010530667 .
- Fill in the required information like account name, account number, etc.
- Withdraw the usual way like what we did using the BPI Express Teller card .
Paypal will charge P250.00 if using a credit card for withdrawal. But, if you use your bank account, it will only be P50.00. On the other hand, Banco de Oro charged P200.00 for every international transaction just like BPI.
Here are other ways to use your money smart card
|Other features for the Smart Money card (smart grabbed from website)|