PayPal Sends Money to the Philippines!
Oh my God. This is the gamechanger. Philippine PayPal users can now receive money. Let that sink in for a second. Rural Filipinos can now sell their towns’ products directly to the world over eBay. Talented Filipina babes can become the next Happy Slip by posting their videos on Revver. The Philippines — indeed, individual [...]PayPal Sends Money to the Philippines!
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Mike, thanks for this alert. Can you enumerate the many sites any of us can use to earn money?
Omg, that is such great news! I somehow thought at the beginning that we are so far behind, and this definitely puts an individual Pinoy’s foot forward into the global economy **finally.
I’m so excited, I can think of a hundred things to sell. Thanks for the alert, Mike! And more power to your site.
Finally, It’s here. This would be a great opportunity for every local netizen. Now, I do not want to become the party pooper but, do we have any local laws that help facilitate this new medium of enterprise. Call me uncooperative but I hate taxes!
How does it works? Does it get credited to your credit card or a bank account?
Hi CG,
Sadly, we do not have laws to regulate (if you will) this new ‘zone’ that has opened before us.
SCAMmers – which will destroy our reputation (again!)
Schemes
The question of “taxes”.
How in-line is this with PGMA’s “CyberCorridor”?
Can our laws (and e-commerce law for that matter) protect Filipinos who will jump and exploit this new zone for, who knows what?
And the list goes on. It’s like the first time the Philippines got an internet connection – we do not know what will come next.
Right now, I can say we are not obliged to pay taxes for our online income and businesses – being individuals and smaller than small businesses. But the government will surely impose taxes. Not just to us, but also to our buyers. Example, everytime I buy a product or a (online) service that is located within the EU, I also get taxed for it.
There are many scenarios and possibilities that we are only beginning to imagine and grasp, and we have not yet stepped or crossed the border to a full Philippine Online Economy and Market.
We can stand and watch and let opportunities leave us, or we can jump and exploit these opportunities together with the risks of being pioneers.
It’s up to each and everyone of us.
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http://gameshogun.ws – Blognetwork