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These days, a lot of people use Paypal or other online money transfer methods for transacting business online. I personally have been using Paypal since they first went online, which, as I recall was in about 1997 or so.
Paypal was not an option in the Philippines, though, when I first moved here, in 2000. About 7 years ago, or so, I don’t recall exactly when Paypal opened up its doors for the Philippine market! Since then the freelance work market in the Philippines has exploded! A lot of people here work online taking on projects for businesses abroad on a freelance basis. This type of work pays well and is not too hard for a Filipino to get.
For myself, I use Paypal for taking payments for many of my businesses. It is an easy solution for me in terms of accepting payments. Recently, I decided to try out a Philippine Company called “PayMaya” in conjunction with my Paypal account. With PayMaya, I can easily transfer money from my Paypal account to my PayMaya debit card. With PayMaya I can also pay bills with my cellular phone and such. It is very convenient and saves a lot of “waiting in line” time when paying bills and other financial transactions.
Additionally, in this week’s Vidcast, I answer a viewer question from Jonathan. Jonathan has a problem because he
Have a look at my video and see what it is all about.
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