When I started venturing in online opportunities, I was actually lost whether to use a more convenient credit facility or a more stress-free debit facility in my online transzactions. Good thing Unionbank has its EON Visa Elctron account that was a lot simpler to apply for than the credit facility. One just needs to fill out an application form, present two valid IDs, and then pay the annual membership fee of only PhP350. I received EON Visa Electron debit card barely two weeks after I applied for it. I was told by bank representatives that I had to wait about 2 to 3 days for my online EON account to be fully operational. But I found out that I had it activated within 24 hours. It turns out that depositing some amount in my account was all it needed to activate the account.
When you use EON to validate your PayPal account, it does pay to have an amount greater than the activation fee required by PayPal ($1.95). Don't worry, this activation fee will also be credited back to your PayPal account with your very first transaction. You will then have to call their customer service at 1-800-1-8882277 to be able to lift your withdrawal limits from PayPal.
I have been using PayPal for several months now and the convenience of banking has never been this good. I can move my money from Unionbank to PayPal anytime, anywhere I have access to the internet.
Friday, January 9, 2009
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