Global Online Payment Service Payoneer Launched in Davao

Davao City is home to numerous call centers and the number continues to grow. These BPO companies are helping boost the local economy and providing more jobs to Davaoenos not only in the city but as well as from nearby towns. Atty. Sam Matunog, president of ICT-Davao said there are an estimated 7,000 online workers in Davao City at the moment and they are aiming to double this figure up to 15,000 by the year 2020.

As more people are opting to work online these days, the need for online payment services has also become crucial. Fortunately, local and global companies now have various choices depending on the convenience and accessibility they want.

One major player that is providing a great service to online workers and global e-commerce companies worldwide is Payoneer. It is a global payment service that charges lower transaction fees compared to its more popular competitor.


Last weekend, Payoneer held a successful launch and forum here in Davao City. The venue was jampacked by local online workers and business owners eager to learn about this US-founded payment service and gain useful tips from the various speakers.

During the program, country manager Miguel Warren enumerated the advantages of Payoneer over its close competitors. One of them is the lower fees they charge up to 50 percent less than the other payment solutions. With this feature, Filipino online workers can now get more pesos for their hard work, he said.

As a global online payment service, Payoneer allows commercial companies from the U.S., Europe and the U.K. to send payments in their local currency. It also makes it easy for members whether individuals or companies to receive funds from more than 2,000 international companies including Amazon, Lazada and Upwork. 

Payoneer was established in New York, U.S.A in 2005. It ranked for the fourth consecutive year on Deloitte's "Technology Fast 500" which recognizes the fastest growing technology companies in North America. 

To use the service, simply sign up on their website www.payoneer.com. You can also avail of a Payoneer card that will let you withdraw your funds from ATMs around the country.

GUEST SPEAKER (L-R): Mitch Miller, Karla Singson, Miguel Warren, Regina Evangelista & Patrick Panuncillon.