GCash and PayPal 96 form a partnership to streamline freelancer payments in the Philippines.
Freelancers can now cash in their earnings via the GCash app after going through multinational online payment giant PayPal.
With this partnership between the financial technology companies, streamlining fund transfers have been set to ease remote work compensation.
According to the Department of Information and Communications Technology, there are approximately four million freelancers in the Philippines.
Among the many digital nomads, 59% have identified their occupation as virtual assistants. These remote workers possess a wide array of skills ranging from data entry, social media management, and video editing.
We have yet to see what’s in store to further streamline the transactions between the two companies. However, we’ll be sure to let our readers know of any further developments in the future.
But how do you guys feel about this partnership between GCash and PayPal? Will it be better for our remote workers? Let us know in the comments below!
Im using Paypal ti Gcash and theres 1% transaction fee.
This is not not new. Gcash have a paypal cashin option for how many years now. The only difference is Gcash now charge 1% for 🥵
So true. Haha
222111
111222
Depends on the “convinience fee” when you transfer funds / salary.
Great owsome
I believe this has been around before this article’s published.
It’s great news for Philippines freelancers. I am.sure this will solve lot of there payments related issues.
Dear Author, could you please share what will be flow for the users
So users will now be subject to ridiculous currency conversion rates and fees from BOTH companies. Nice!
Gcash is garbage. I prefer using my credit cards
I was a freelancer back in 2020-2021, I’ve already been transferring my Paypal funds to GCash. What’s new here?
They removed it then brought it back again.