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SeoulSnapper



Joined: 20 Oct 2008
Location: Seoul

PostPosted: Mon Mar 16, 2009 9:11 pm    Post subject: PayPal Reply with quote

Does anybody have experience of know any alternatives to PayPal for receiving online payments from Koreans?
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muffintop



Joined: 29 Dec 2008
Location: SK

PostPosted: Tue Mar 17, 2009 1:44 am    Post subject: paypal Reply with quote

Could they just transfer it into your bank or are they total strangers?
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ChinaBoy



Joined: 17 Feb 2007

PostPosted: Tue Mar 17, 2009 5:31 am    Post subject: Reply with quote

Total strangers can go to the ATM and send it straight to your bank account. No problem!
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SeoulSnapper



Joined: 20 Oct 2008
Location: Seoul

PostPosted: Tue Mar 17, 2009 5:44 pm    Post subject: Reply with quote

Thanks.
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nobbyken



Joined: 07 Jun 2006
Location: Yongin ^^

PostPosted: Tue Mar 17, 2009 8:19 pm    Post subject: Reply with quote

Or they can telebank it to your account.
All that's needed is account number and bank name. Payees name for verification that it's the correct account being transferred to.
It's pretty instantaneous.
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lifeinkorea



Joined: 24 Jan 2009
Location: somewhere in China

PostPosted: Wed Mar 18, 2009 1:13 am    Post subject: Reply with quote

As I understand it, you can keep the money in won with PayPal. This may be good, I just don't know about any fees or interest issues that might come up when dealing with PayPal. A bank transfer would be the best option.
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ChinaBoy



Joined: 17 Feb 2007

PostPosted: Wed Mar 18, 2009 3:18 am    Post subject: Reply with quote

yeah avoid paypal, there's another thread on it..

apparently KRW and Paypal are not very useful if you're not Korean.. Paypal (although I do like it) has a negative reputation for customer service
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