#Payoneer

Payoneer and GCash released a survey report on the current state of the gig economy in the Philippines. In Payoneer’s Global Gig Economy Index 2019, the Philippines landed in sixth place as the fastest-growing market in the world, with a 35% growth in freelance earnings. GCash and Payoneer’s market report mentioned that, according to Creative Economy Council of the Philippines President Paolo Mercado, up to 1.5 million Filipinos are registered on international online platforms for freelancing services. This should motivate more freelancers in the Philippines to take their freelancing journey to the global stage and benefit from higher earning potential,” said Miguel Warren, Vice President of Payoneer for South East Asia. Recognizing freelancers’ need for secure and timely payments, Payoneer simplifies payment cross-border and manages the complexities of moving money through its secure payment platform. Many freelancers mainly use GCash to receive payments from local clients and Payoneer for receiving overseas payments with higher rates, Payoneer has partnered with GCash to provide freelancers a more seamless and convenient payment experience. By signing up and linking a Payoneer account via GCash, users can receive foreign currency overseas with Payoneer and withdraw the funds locally in PHP instantly for free via the GCash app. Read more in our articles including "Payoneer, GCash partner to support freelancers" and "Freelancers’ Guide: 5 digital platforms to receive payment in the Philippines".