There are two ways to get verified in Paypal Philippines. First is using a credit card which we will tackle later on, and the other is through the use of a debit card. We’ll talk about the latter on this post.
Four (4) Things You Should Know About Union Bank EON.
- CyberAccount. This account is Union Bank’s Internet-based deposit account. It allows you to do all your banking deals with a click of a mouse.
- Visa Debit Card. Unlike credit cards where you need a bunch of requirements and specific annual earning just to get signed up, EON only requires a couple of government-issued IDs, a yearly charge of P350.00, and an initial deposit of P200.00 (amount is optional).
- No minimum balance to maintain!
- The only debit card in the Philippines that functions as a credit card when connected to Paypal. Some PH debit cards have limited functionalities when connected to Paypal. You can perform outgoing tasks like forwarding remittances, pay bills or shop online but you cannot thoroughly enjoy incoming transactions such as receipt of payments. With Union Bank EON debit card, you can provide home-based service to any local office space employers in the Philippines or abroad and accept compensation just by telling your email address. You can then withdraw the payout from any of your bank accounts, so it’s entirely hassle-free!
Ten (10) Easy Steps on How To Get Verified Using Union Bank EON Card.
Step One (1). Head over to Union Bank. Bring two (2) valid government-issued IDs and a photocopy of each.
Step Two (2). Fill up the application form. Remember to match the information here with the one on Paypal for this to work.
Step Three (3). Pay the yearly fee of P350.00.
Step Four (4). Make a primary deposit of P200.00. Paypal will automatically deduct $1.99 to confirm your account. It will be refunded when the verification process is completed.
Step Five (5). Wait for 5-10 banking days to claim your EON card.
Step Six (6). Once you claim your card, enroll it in Union Bank Cyber Account.
Step Seven (7). As soon as your Cyber Account is active, proceed to Paypal. Create an account.
Step Eight (8). Once the sign up is done, there’s a link on the home page that says VERIFY. Click that. Then add your Union Bank Debit Card details. Paypal will then ask for the 4-digit EXPUSE (expansion use) number.
Step Nine (9). Login to your EON Cyber Account to retrieve this information.
Step Ten (10). Visit your Paypal account and enter the EXPUSE number. Verify.