Payment Apps for Filipino Freelancers
Filipinos work abroad, they send money back to their families, and they need a good online remittance company to help them. Filipinos go to live abroad and they send money back as well. Online payments coming into the Philippines is big business with billions of dollars transacting every month. The necessity for a convenient international payment option is stronger than ever.
Freelancers work for foreign businesses, simply because they pay more and offer better training and the chance to improve the English proficiency levels of the freelance workers
Prior to beginning to work with your first client, you must examine certain important factors and, maybe most importantly, how to actually get paid. Fortunately, this problem may now be easily assisted by using one of the many platforms available to facilitate overseas transactions.
1. Paypal – As one of the earliest applications of its sort, it has been established for freelancers’ demands. Years in the market confirm this app’s effectiveness. Comparatively, PayPal’s fees are high, particularly for international transactions. They demand a high premium, which might escalate your overhead costs.
2. Payoneer – Payoneer is a popular eCommerce financial platform that enables for safe cash transfers, bill payment, and online purchases with lesser charges. This digital payment gateway lets you build worldwide bank accounts to accept payments from clients’ local bank accounts.
3. Wise – Wise is simple to use and transfers payments quickly. In order to accept payments as a freelancer, all that is required is a bank account and proof of identity. In addition, the time it takes for recipients to get their money is really brief. Thus, it is necessary to have an online bank account in order to immediately determine whether or not the money has been received.
4. Coins.ph – Filipino freelancers may utilize Coins.ph to accept money without bank accounts. In case you hadn’t noticed, clients lean toward payment options that are both quick and simple to use. The beautiful part with the platform is it makes converting cryptocurrency incredibly simple, and you can transfer the money immediately to your Gcash, Maya, or bank account.
5. Remittance- A local bank remittance is often the most cost-effective option to receive or transfer money; however, this might vary depending on the current exchange rate as well as the fees that are levied by the bank source of the remittance.
Whichever platform you use, be careful who you share data with and always keep your online identity safe
