Tuesday, May 24, 2011
Now, Paypal Can Transfer Money Via Mobile.
9:48 PM | Posted by
Daniel "adoy" |
PayPal is increasingly expanding its services to reach out to remittance to the mobile (phone). Globe GCash, mobile wallet services are growing rapidly in Asia, announced that the U.S. PayPal users can now transfer funds to the Philippine mobile phone users.Condition they use Globe or TM service from Globe Telecom (the second largest operator in the Philippines) which is listed on the website Gcash through Gcash www.globe.com.ph / gcashonline.
According to a World Bank report, the level of remittances worldwide amounted to U.S. $ 316 billion in 2009. It is estimated, the numbers will increase 6.2 percent in 2010 and 7.1 percent in 2011.
In the Philippines alone, some 10 million workers, both immigrants and contracts, transferring money of U.S. $ 17 billion per year.
"The value provided PayPal is offering to customers in a more secure, easy and convenient way to pay online," said Farhad Irani, vice president of PayPal's Asia Pacific, at his press conference, May 26, 2010.
Irani said it has integrated PayPal Gcash excited into their services and allow people in the U.S. to send money with an easy and convenient to friends and family in the Philippines.
For sending money through the web site GCash Online, PayPal account holders in the U.S. only just insert your Globe or TM number of recipients in the Philippines who registered GCash and the amount of funds they want to send.
Furthermore, they will be directed to their PayPal account to check and confirm their transaction. Once completed, the recipient in the Philippines will be notified via text messages on their mobile phones.
Funds will be automatically credited to the recipient's wallet Gcash who may choose to monetize these funds in one of the 18 thousand GCash outlets throughout the Philippines, or use the funds to buy goods, pay their bills, or make a purchase from an online merchant or retailer
source: vivanews
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