WiseBlogging.com

Google has finally decided to update the long-waited PageRank after some rumors about Google’s possible move to abandon PageRank mechanism. The last update was back in Apr’2007, and it took Google almost 6 months to update this time. I wondered why, but I really don’t care much about PageRank anymore. I’m already sick and tired of PageRank update, after months of fruitless waiting and checking.

This latest update has, in fact, stunned many of us as hundreds of established blogs like Problogger.net and JohnChow.com have been penalised for selling text links on their sites. Their PageRank have significantly been reduced from PR6 to a mere PR4. What a pity! However, PageRank isn’t really that important after all, if you know how to monetise your blogs. There are many other monetisation methods that don’t really even look at PageRank.

This blog has finally gone from PR0 to PR3 in this latest update, which is of no surprise. Several of my other blogs have jumped up to PR4 from PR0. I’ve checked the PageRank for some of my “newbie” friends, and it still stood at PR0. No worries, friends, as I said, don’t care about PageRank, it’s really not that important. Just keep up writing and blogging, I’m here to show you how you can earn a substantial amount out of your blogs. Stay tuned.

If you wanna find out at where your PageRank currently stands, use the great PageRank checker tool from SmartPageRank.com

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

This is the best news ever to me and of course to all Malaysian. Malaysian can finally withdraw their hard-earned Paypal funds. Ever since Paypal was introduced back in year 1994 in Malaysia, we had been going round and round searching for the solution to withdraw our Paypal funds, we ended up paying more unnecessary fees for the access to US bank account, lot of time and money were spent in order to get the withdrawal work. Now, the withdrawal option is finally open to 26 more countries, including Malaysia.

Withdrawal limits and fees
There’s a minimum withdrawal amount of US$10. Paypal withdrawal to your Visa Debit Card costs US$5 per withdrawal and you can withdraw up to US$500 per day, meaning that you can withdraw up to US$15k per month, that’s good enough for me since I haven’t managed to earn that much in a month yet.

How to withdraw
According to Paypal, you can withdraw your funds to your Visa Credit or Debit card. However, I’ve tried and noticed that withdrawal to Visa Credit Card doesn’t work for us. At the time of this writing, you can only withdraw the funds to your Malaysian issued Visa Debit Card. Currently, there are only 3 banks offering Visa Debit Card, namely Public Bank (PBB), Al Rahji Bank and UOB Bank. Some bloggers have done successful withdrawals to Al Rahji Bank’s Visa Debit Card. So far, nobody has tried withdrawing to UOB’s Visa Debit Card as UOB Bank requires a minimum deposit of RM2,000 in order to open the bank account that comes with the Visa Debit Card, if you have tried it, let us know how it went. As for myself, I have eagerly tried the withdrawal to my PBB’s Visa Electron Card though.

Withdrawal to PBB’s Visa Electron Debit Card
In celebration of the Paypal withdrawal facility, I managed to make a test withdrawal. I withdrew US$25, and was deducted US$5 as a withdrawal fee, making the total withdrawal amount of US$20 only. (See the screenshot below, you can click to enlarge it)

In just 4 working days, I received the money credited in my PBB’s Visa Debit Card that reads “PAYPAL *WITHDRAWAL” followed by the reference number. (See below)

Total fund received was RM67.19, meaning, the conversion rate used was 3.3595, which was the exact currency rate of the day. I then transferred the fund to my PBB savings account, and it’s free of charge. In conclusion, it costs only US$5 for a Paypal withdrawal and you get your funds in 4 working days. Thank you Paypal.

The news is undoubtedly a good motivator for those who have been earning online for years and those who just started or planned to earn online. So, go get your own PBB Visa Electron Debit Card, it only requires a minimum deposit of RM25 and an annual fee of RM24, which is way cheaper than a US bank account that I previously opened to withdraw the Paypal funds. I hope in the near future, withdrawal to MasterCard will be introduced too.

*Important Notes*
Paypal only allows one Visa Card, one MasterCard and one American Express to be added to your Paypal account. If you added your Visa card but later lost or misplaced the card, you would not be able to add in another Visa card anymore, even though if it’s a replacement card or renewal card. Therefore, try not to lose your Visa Debit Card, make sure you lock it up in a safe place. Happy withdrawing.

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!