This will be good news for Paypal users in Malaysia. Instead of opening US bank accounts to withdraw paypal funds, you can now withdraw your funds to debit, credit card and prepaid cards. Though this will incur $5 per withdrawal and also additional charges if you withdraw from your local bank like Maybank, it will be a godsent alternative for Malaysian internet marketers and bloggers who earn income from Text Link Ads or Linkworth.
PayPal has recently allowed a lot of Asian countries to be able to withdraw funds into their local bank accounts and/or their credit/debit cards. This is indeed good news for asian countries that were previously not allowed to withdraw their money into their country. Countries like Malaysia, Philippines, Indonesia, Israel, India, Thailand and Hong Kong are one of the few that PayPal finally allows withdrawal of funds locally.