http://www.myiloilo.com/paypal-is-finally-here-in-the-philippines Comments for "PayPal is finally here in the Philippines" en http://www.myiloilo.com/paypal-is-finally-here-in-the-philippines <p>Not that <a href="http://www.paypal.com">PayPal</a> has never reached the Philippine shores. We already have PayPal a while back. Only that the one they gave us before was a way to pay for our online purchases. Now we are able to receive payments/donations through them. A boon to programmers, designers, professional bloggers, writers, SEOs and whoever who live off the internet. The ability to receive funds alone is reason for us to rejoice.</p> <p>If you haven't heard of PayPal before, which I doubt. It's a payment gateway/service acquired by eBay a long time ago that enabled payment for items and services bid, bought or sold at their stores. It's a hassle free form of transferring funds online. If that wasn't clear enough, picture this: PayPal is virtually your money on the internet. It is so because it's the widest accepted way of sending or receiving online funds.</p> <p>PayPal being finally here is perfect. Except for one thing. You can only withdraw the amount to a US bank. I'm not clear yet whether you should open an account with a bank in the US or having an account to a local US based bank is enough. I do have one workaround at the moment that could work. It's allowed to withdraw funds to a debit card. Unionbank issues VISA debit cards locally called EON or eWallet. Take your pick. I have EON and it works like a charm for online purchases. I'm definitely going to try withdraw money to it in the next few days when I'll be charging my offshore clients for services rendered.</p> http://www.myiloilo.com/paypal-is-finally-here-in-the-philippines#comments Internet money paypal Fri, 28 Sep 2007 10:56:52 -0600 admin 179 at http://www.myiloilo.com