My second post is so long overdue. Anyway, I have been using Paypal since I purchased a domain way back 2003. At that time, Paypal is so limited that just selected countries can transact, withdraw and send money through online especially in the Philippines.
That was long ago, right now, so many features were added to Paypal such as Paypal Philippines now available with full Send and Receive feature, Paypal withdrawal through UnionBank EON CyberAccount and PayPal To Philippine Bank Accounts Withdrawal feature.
I have been using US Dollar to Philippine Peso transaction in withdrawing and sending funds to my UnionBank EON Account. Thanks to Abe’s post that Paypal can now send in Philippine Peso transactions.
Paypal sent in a press release recently confirming that transactions can now be made in Philippine Peso.
“PayPal’s goal is to provide our members with a secure, fast and convenient way to pay and get paid online,” said Mario Shiliashki, General Manager of PayPal Southeast Asia and India. “The introduction of the Philippine Peso will make domestic ecommerce easier and more convenient for buyers and sellers in the Philippines and is well timed for the holiday season!”
This is really a good news to a lot of merchants that make local transactions in Philippine Peso thus skipping the US Dollar exchange rates when sending or receiving payments online.
I’ve been using Paypal in my online transactions. It is also the preferred payment of my clients in the US and UK.