Today I received an instant message from Gul Murjani. He said that PayPal has finally allow members from the Philippines to
receive funds through Paypal. I immediately went to Paypal's website to verify the good news and it's true.
The Philippines is now listed under
Send. Receive. Withdraw to a U.S. Bank Account or a card.
About a year ago,
PayPal opened it's Send only service to the Philippines but now, we can receive funds as well. This latest development just opened a huge door of opportunities to every internet savvy Filipinos.
I'm sure my fellow freelancers are excited about this because most of us deal with foreign clients and the ability to accept payment would always be a big issue since many prefer PayPal over any other service.
Update:
I was able to transfer some USD from my Second Life account to my PayPal account but now it's in Limited Access mode. It seems that I have to apply for Expanded Use which I did already and I'm just waiting for my Expanded Use number which will be available in 3 to 5 working days.
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Despite of being sad with the fees of Paypal today, the birth of Paypal made it convenient for us to receive money in foreign currency way back years ago.
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Paypal will always be the best remittance platform for me. It has quite some fees but it is really trusted.
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