unionbank eon – problogger philippines

UnionBank promoting PayPal and EON/VISA Electron CyberAccounts.

Quick to notice how Filipino bloggers and online entrepreneurs have been signing up for their EON/VISA Electron CyberAccount, UnionBank now has a specific page that promotes the use of PayPal in the Philippines, through their EON/VISA Electron debit cards than can be funded with money sent through Paypal.

After PayPal has allowed full capabilities for Filipino users, bloggers were first to sign up for EON cards to check its compatibility with PayPal.

With UnionBank’s aggressive marketing of its EON card’s PayPal capabilities, it wouldn’t be surprising if other banks will follow suit pretty soon. BPI already has their own debit card in Express Cash, which we’re still to check if it can be used with PayPal or any online transactions in general.

I just signed up for my own EON VISA Electron before UnionBank decides to increase their reasonble 350 peso annual fee.

Receive Money Using PayPal in the Philippines

This is rather late news, but just the same, you’d be pleased to know that you can now accept funds through PayPal, even if you’re here in the Philippines. This is the official stuff, not some questionable workaround to get around international money laws. Local freelancers engaging business with foreign clients are very excited as this opens a new world of opportunities.

A fellow blogger further explains how we can transfer funds from a PayPal account to a local credit/debit card, meaning you can actually get your money in cash, if need be. UnionBank’s EON card is reasonably priced at 350 pesos a year, and considering the advantages it offers, is a very good value.

Lastly, Abe lists down the top 10 places for using your new PayPal account, a good way to open your horizons to more revenue sources.

Now isn’t it nice that we finally have PayPal here in the Philippines?