Wednesday, April 27, 2005

Local and international PhilPay merchants

Here are some more questions regarding being a merchant for PhilPay:
>Is there a way for a local buyer in the province to pay in cash at a local bank to fund a payment to a Metro Manila merchant via Philpay?

Yes. The same system works for both local and international sellers who have local buyers. Deposits are made to PhilPay's bank accounts and are credited to the merchant's PhilPay account. Local sellers can then cash out by electronic fund transfer to their local bank account or simply receive a check. They can also choose to receive their funds by G-Cash.

> Is there also a way for a local buyer in Metro Manila to pay in cash at a local bank (say... in Mandaluyong) to fund a payment to an international seller via Philpay?

Yes. The same answer as above. In addition, international merchants can cash out from their PhilPay merchant account thru check or bank draft.

>I am studying the applications on PhilPay's ability to send payments via Paypal, as well as curious if Philpay merchants can receive payments via Philpay's Paypal service.

International PhilPay merchants can also choose to cash out thru PayPal. Some of our merchants actually prefer to receive money that way. This is one advantage PhilPay has chosen to take. Instead of competing against PayPal, we have chosen to work along-side PayPal for the benefit of the Filipino online shopper. In the future, we hope to serve also the Filipino e-merchant who has no way of accepting payments from PayPal users.
PhilPay

New Methods at PhilPay

New Payment Methods

Finally, due to request from many of our users, PhilPay now offers the following methods to pay your sellers:
  • PayPal - on eBay this is still the most preferred payment method
  • Bank draft - available in the following major currencies:

    • Australian Dollar (AUD)
    • British Pound (GBP)
    • Canadian Dollar (CAD)
    • European Euro (EUR)
    • Hong Kong Dollar (HKD)
    • Japanese Yen (JPY)
    • Singapore Dollar (SGD)
    • US Dollar (USD - Not Available)
  • Check - now you can send a US check to any country, not just the US

New Funding Method

If you are a Union Bank account holder, you may now fund your PhilPay payment thru our eOn Cyber account. On your desktop, it's now the fastest and most convenient funding method available to PhilPay users.

No Fees for PhilPay Users!

Now you can send your payments thru PhilPay at absolutely no extra cost! Just look for PhilPay's logo at any auction or website. Customers of all registered PhilPay merchants enjoy the following benefits:
  • Absolutely no fees
  • Shortest forms to fill
  • Quick same-day processing
To enjoy these benefits at non-PhilPay websites, just invite your favorite seller to sign up for a PhilPay merchant account.

How to stay up-to-date

Want to stay up-to-date on new PhilPay offers and services? Here's how:
If you don't have an RSS- or XML-reader, you can download a FREE reader from Feedreader.

Tell your friends

Now you can also tell your friends about PhilPay by simply clicking on an envelop icon at our blog site (see below). Let them know that they can use PhilPay at any auction or e-shop on the net. No need for credit cards, and no membership needed.