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Was full Paypal support a lot of help?

Months before Paypal legitimately opened its doors in the Philippines, there was much discussion on how the service could help a lot of Filipinos locally and abroad. It wasn’t the de facto money remittance of choice (even until now) for OFWs but it may have paved the way for more online transactions for Filipinos.

So, let me bring the question up again. Has Paypal actually made a significant change in the way you transact online? Did it allow people who did not use (or do not have access to) credit cards able to purchase online? Did it increase the volume of transactions for people who rely on the internet as their source of revenue? Has it help open up more opportunities for you?

About about some reduced headcahes? Or maybe a faster turn-around in receiving funds from outside the country? Did you leave old services behind in favor of Paypal (e.g. Xoom, WU, etc)?

Our poll for this week revolves around the significance that Paypal has brought us. The poll question is: How much transaction (receiving only) have you made since Paypal opened up in the Philippines?

As usual, the choices can be found in our poll section at the sidebar. You may choose the from closest amount you made. Please limit your answers to the total amount you’ve received via Paypal since it opened last October 2007.

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Abe Olandres
Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.
  1. what a timing question – i was thinking about this as well. honestly, it did not. my online transactions involve audible.com and threadless.com — and both sites dont accept paypal.

    TLA transactions are quicker though.


  2. From my own experience, it was indeed helpful. However, my experience could be different from yours…..


  3. uhmm..
    i guess, this would be really off the topic.

    but, i would like to ask, has anybody heard about qassia.com?

    i mean, they offer big ad revenues and bonus fees.. i’ve signed up thru a friend and maybe u might also be interested.

    http://asdix07.qassia.com

    he checked his paypal account and the 500$ was actually there.
    they just launched the site like 4days ago and sign ups are referral based.. anybody tried this?

    tnx
    and oh, thnx for the shirt sir abe!


  4. There wasn’t really any big changes in my Paypal activity, except that I am now receiving it in my Philippine Paypal account (whereas money was coming in through my Aussie Paypal account before). Though I now have the option to withdraw the money from my Paypal account, I still opt to keep it there and use it to pay for my online purchases.


  5. Have signed up for Paypal a long time ago and is just about to withdraw my earnings from Bidvertiser through Union Bank EON. Other than that no transactions yet..

    (hehe, ang kapal ng mukha ko. couldn’t help it eh. :) )


  6. I am using Paypal since 2001 (In U.S.) as a Premiere Business. Have a Paypal credit/debit card and planning to use in my vacation to Pinas’ this year. I’m transferring money using my Paypal to other users back in the Philippines and have no problem so far. So I can say, Paypal help my business. Haven’t try Xoom or WU yet.


  7. Well it helped me pay for my hosting and domains, plus a couple of good online services I could never avail with out PayPal.


  8. I opened a paypal account the same time paypal opened in the Phils last October and the total amount I received so is roughly $1400 from doing SP. Paypal is awesome!


  9. A LOT of help. and have switched to solely paypal since this was fully supported here.

    total received since november 2007: XXXX.XX US$

    ;-)


  10. I got almost 200 but my account has been made limited


  11. It helps a lot. I have a paid directory (the link in my nick) that uses paypal as payment getaway and it works smoothly to my advantage.


  12. i have $300+ on my paypal from
    “paid to blog programs” last month, but still waiting for my EON to encash it!


  13. had more ebay transactions than before paypal, more funds for toys for the big boys hehe


  14. used it to buy my domain around october of last year and for some online buys.

    have yet to encash it through UnionBank EON though.

    but really great service so far.


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