PayPal Receive Functionality Now Available in the Philippines

Paypal users from the Philippines have reason to rejoice: PayPal now allows Philippine-registered accounts to receive funds. Check out Pinoy Money Talk for more information. I’ll be posting more about this soon.

I’m still playing around with my local account. So far, I cannot register with a local bank (only US banks are enabled for receiving funds), so the only way to actually receive money is to credit the funds back to a debit/credit card. Still, being able to receive money easily would be a big boost to business here, especially for those who have clients from abroad (like freelance writers, designers, bloggers, etc.).