The reality of Freelancers in The Philippines is quite unique, they render their services to the rest of the world and receive instant payments, most of the times via PayPal, more recently also receive payments via BitCoin.
However, it is quite frustrating that, after they get paid electronically and instantly using BitCoins or PayPal they have to wait days and make long lines at banks to cash out their digital funds.
The above problem is what inspired PayPana to embrace the service of same day cash out for paypal funds, and now also for bitcoins. It s frustrating to wait for your online profits and we know it.
PayPana has been helping these freelancers to bridge the gap between their digital funds or PayPal funds and the real economy.
Even if it’s true that you can withdraw your PayPal funds at the bank, almost always the wait and the fees made it hard to deal with. Also accepting bitcoins and being able to covert bitcoins into peso, your local currency is a huge advantage that PayPana gives any Freelancer in the Philippines.
This is why PayPana offers express encash service for PayPal in The Philippines