It’s about time. Now, Paypal is allowing Philippine based users to accept payments. It used to be a one-way street, where we can just pay or have fund transfers GOING OUT of your Paypal account.

Now, the Philippines has joined other countries in the Paypal list that has a  “Send. Receive. Withdraw to a U.S. Bank Account or a card” status along with 22 other countries.

I believe that this will be a good thing for us Pinoys. Am sure that business and deals in ebay.ph will boom because of this. Time to go through my attic and see what stuff I can have for auction.

Also, we may see a rise in the “buy me coffee” or “buy me beer” post tags in some Pinoy blogs as well.

Yuga said that this development “will further push activity in eBay Philippines as well as enable eBay users to get more secure transactions. The question whether eBay PH will start charging monthly subscriptions is yet to be seen but I suppose that time might have already matured.”

Let’s monitor the next few weeks and months for further developments