I got a tip on my PayPal Philippines blog entry last night. As it turns out, PayPal for the Philippines blog got the same tip. Today, someone in TipidPC noticed that the Philippines was on the signup selection page. So, I had to try it out.
True enough, it’s open. I signed up for a “Premier Account.” This has a sending limit of US$100 and a zero withdrawal limit. You can’t add funds – when you pay, it will be charged to your card immediately. I don’t know how zero withdrawal works if someone has paid you – is it credited towards your future purchases?
I then applied for the Expanded Use program. For a $1.95 fee, to be credited back later, they will charge an item with a verification code you will see in your next credit card statement. Since I don’t have an online credit card balance facility, I’ll need to wait for my next paper statement to see this. With this active, you are supposed have unlimited paying capabilities.
I don’t know yet what occurred to make this happen. Despite the various problems with PayPal, this is still a win for Pinoy e-commerce.
Also see: PayPal Now Available in the Philippines