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	<title>Comments on: Electronic Payments in the Philippines &#8211; It May Not Be As Simple As We Think</title>
	<atom:link href="http://racoma.com.ph/archives/electronic-payments-in-the-philippines-it-may-not-be-as-simple-as-we-think/feed" rel="self" type="application/rss+xml" />
	<link>http://racoma.com.ph/archives/electronic-payments-in-the-philippines-it-may-not-be-as-simple-as-we-think</link>
	<description>J. Angelo Racoma on technology, economics, writing, problogging, and getting things done</description>
	<lastBuildDate>Sun, 13 Nov 2011 14:29:21 +0000</lastBuildDate>
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		<title>By: payroll system philippines</title>
		<link>http://racoma.com.ph/archives/electronic-payments-in-the-philippines-it-may-not-be-as-simple-as-we-think/comment-page-1#comment-740722</link>
		<dc:creator>payroll system philippines</dc:creator>
		<pubDate>Fri, 15 Apr 2011 11:42:10 +0000</pubDate>
		<guid isPermaLink="false">http://racoma.com.ph/archives/electronic-payments-in-the-philippines-it-may-not-be-as-simple-as-we-think/#comment-740722</guid>
		<description> It&#039;s a good thing that the philippines has a modern type of payroll services, like having an account and just sending the salary in there, it&#039;s really easier online... </description>
		<content:encoded><![CDATA[<p>It&#8217;s a good thing that the philippines has a modern type of payroll services, like having an account and just sending the salary in there, it&#8217;s really easier online&#8230;</p>
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		<title>By: Karlo Rey Manalo</title>
		<link>http://racoma.com.ph/archives/electronic-payments-in-the-philippines-it-may-not-be-as-simple-as-we-think/comment-page-1#comment-575482</link>
		<dc:creator>Karlo Rey Manalo</dc:creator>
		<pubDate>Fri, 09 Oct 2009 03:24:39 +0000</pubDate>
		<guid isPermaLink="false">http://racoma.com.ph/archives/electronic-payments-in-the-philippines-it-may-not-be-as-simple-as-we-think/#comment-575482</guid>
		<description>Good day,


Please allow me to introduce myself, my name is Karlo Rey D. Manalo, I am the Marketing and Business Development Manager of Cashsense Inc., a Technology based Remittance and payment processing company based here in Manila with overseas operations. 

Our other business lines are: Payroll Services for domestic companies &amp; Merchant Payment Services for pay by cash transactions available at over 3,500 outlets in the Philippines. 

I came across this article while researching about locally available online payment facilities.  

In our experience, a majority of businesses that sell, or offer services online have difficulty in attracting customers to buy or pay from their website, primarily due to their customerâ€™s lack of, or unwillingness to use a credit card. 

It is this situation where many companies may have had difficulties in actually selling and receiving payments from prospective online customers. 

Addressing this concern, our services have become very appealing to online merchants based in the Philippines,  as this provides not a replacement, but rather an alternative payment solution to their existing credit card based payment system.  

To give a little more detail on our Merchant Payment Services, our Cash Pay service provides merchants with the option (besides credit card)  to allow customers to pay for their goods and services online - with cash. This then opens up a whole new market by giving customers who do not have or donâ€™t wish to use a credit card the ability to buy and pay, for online goods and services. 

we will offer merchants

a. No setup/integration fees
b. No software purchase
b. No monthly fees
c. No credit card charges

For customers, all they need is to bring the payment due to the merchant at any of our accredited payment facilities plus our service charge. 

Cashsense Online Payment Services will, I believe provide every online merchant an efficient low cost solution based on automated, systemic messaging, i.e. once a customer has selected an item from your website, all they need to do is pay-in funds via one of 3,500 outlets Cebuana Lhuillier, 7-11 etc. to get their payment to you. Cashsense (is integrated) and will:

1. recognize that payment is received 
2. immediately notify www.merchantname.com that product has been paid, and delivery or download can commence 
 

We are very interested in talking to all online merchants, and discuss other areas of potential partnership and cooperation. Should any merchant need to talk to us sooner or require more information please feel free to contact me at the email address or telephone numbers below.

Thank you very much,
 
Karlo Rey D. Manalo
Business Development Manager

Cashsense, Inc.
6F Glass Tower Bldg., 115 Carlos Palanca St.
Legaspi Village, Makati City, Philippines, 1229

Tel: +63 2 8133366
Fax: +63 2 8124606
Mobile: +63 9292430169
Skype: k.manalo</description>
		<content:encoded><![CDATA[<p>Good day,</p>
<p>Please allow me to introduce myself, my name is Karlo Rey D. Manalo, I am the Marketing and Business Development Manager of Cashsense Inc., a Technology based Remittance and payment processing company based here in Manila with overseas operations. </p>
<p>Our other business lines are: Payroll Services for domestic companies &amp; Merchant Payment Services for pay by cash transactions available at over 3,500 outlets in the Philippines. </p>
<p>I came across this article while researching about locally available online payment facilities.  </p>
<p>In our experience, a majority of businesses that sell, or offer services online have difficulty in attracting customers to buy or pay from their website, primarily due to their customerâ€™s lack of, or unwillingness to use a credit card. </p>
<p>It is this situation where many companies may have had difficulties in actually selling and receiving payments from prospective online customers. </p>
<p>Addressing this concern, our services have become very appealing to online merchants based in the Philippines,  as this provides not a replacement, but rather an alternative payment solution to their existing credit card based payment system.  </p>
<p>To give a little more detail on our Merchant Payment Services, our Cash Pay service provides merchants with the option (besides credit card)  to allow customers to pay for their goods and services online &#8211; with cash. This then opens up a whole new market by giving customers who do not have or donâ€™t wish to use a credit card the ability to buy and pay, for online goods and services. </p>
<p>we will offer merchants</p>
<p>a. No setup/integration fees<br />
b. No software purchase<br />
b. No monthly fees<br />
c. No credit card charges</p>
<p>For customers, all they need is to bring the payment due to the merchant at any of our accredited payment facilities plus our service charge. </p>
<p>Cashsense Online Payment Services will, I believe provide every online merchant an efficient low cost solution based on automated, systemic messaging, i.e. once a customer has selected an item from your website, all they need to do is pay-in funds via one of 3,500 outlets Cebuana Lhuillier, 7-11 etc. to get their payment to you. Cashsense (is integrated) and will:</p>
<p>1. recognize that payment is received<br />
2. immediately notify <a href="http://www.merchantname.com" rel="nofollow">http://www.merchantname.com</a> that product has been paid, and delivery or download can commence </p>
<p>We are very interested in talking to all online merchants, and discuss other areas of potential partnership and cooperation. Should any merchant need to talk to us sooner or require more information please feel free to contact me at the email address or telephone numbers below.</p>
<p>Thank you very much,</p>
<p>Karlo Rey D. Manalo<br />
Business Development Manager</p>
<p>Cashsense, Inc.<br />
6F Glass Tower Bldg., 115 Carlos Palanca St.<br />
Legaspi Village, Makati City, Philippines, 1229</p>
<p>Tel: +63 2 8133366<br />
Fax: +63 2 8124606<br />
Mobile: +63 9292430169<br />
Skype: k.manalo</p>
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		<title>By: Red Paredes</title>
		<link>http://racoma.com.ph/archives/electronic-payments-in-the-philippines-it-may-not-be-as-simple-as-we-think/comment-page-1#comment-535304</link>
		<dc:creator>Red Paredes</dc:creator>
		<pubDate>Tue, 12 May 2009 07:39:52 +0000</pubDate>
		<guid isPermaLink="false">http://racoma.com.ph/archives/electronic-payments-in-the-philippines-it-may-not-be-as-simple-as-we-think/#comment-535304</guid>
		<description>I am based in the Philippines with a Company account in a bank in the Philippines. We are able to receive PayPal payments and transfer them to our bank. Here are our pages with Paypal links http://www.marketlinkph.com/onlinepayment.html or http://www.makaticorp.com/map .  We share our account with our affiliates so they dont have to go through the entire verification process, etc. especially if they are no high volume anyway. Our bank charges us P 200 for every transaction.</description>
		<content:encoded><![CDATA[<p>I am based in the Philippines with a Company account in a bank in the Philippines. We are able to receive PayPal payments and transfer them to our bank. Here are our pages with Paypal links <a href="http://www.marketlinkph.com/onlinepayment.html" rel="nofollow">http://www.marketlinkph.com/onlinepayment.html</a> or <a href="http://www.makaticorp.com/map" rel="nofollow">http://www.makaticorp.com/map</a> .  We share our account with our affiliates so they dont have to go through the entire verification process, etc. especially if they are no high volume anyway. Our bank charges us P 200 for every transaction.</p>
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		<title>By: Mary Grace B. Orsonal</title>
		<link>http://racoma.com.ph/archives/electronic-payments-in-the-philippines-it-may-not-be-as-simple-as-we-think/comment-page-1#comment-162843</link>
		<dc:creator>Mary Grace B. Orsonal</dc:creator>
		<pubDate>Sat, 17 Nov 2007 08:11:19 +0000</pubDate>
		<guid isPermaLink="false">http://racoma.com.ph/archives/electronic-payments-in-the-philippines-it-may-not-be-as-simple-as-we-think/#comment-162843</guid>
		<description>Can i use paypal  here in the philippines to pay required registration fee in the uS where will i send the money or can i use my bank account in paying? Please email me. Thanks.</description>
		<content:encoded><![CDATA[<p>Can i use paypal  here in the philippines to pay required registration fee in the uS where will i send the money or can i use my bank account in paying? Please email me. Thanks.</p>
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		<title>By: emurhfkq</title>
		<link>http://racoma.com.ph/archives/electronic-payments-in-the-philippines-it-may-not-be-as-simple-as-we-think/comment-page-1#comment-137272</link>
		<dc:creator>emurhfkq</dc:creator>
		<pubDate>Thu, 21 Jun 2007 16:53:04 +0000</pubDate>
		<guid isPermaLink="false">http://racoma.com.ph/archives/electronic-payments-in-the-philippines-it-may-not-be-as-simple-as-we-think/#comment-137272</guid>
		<description>people are stranger</description>
		<content:encoded><![CDATA[<p>people are stranger</p>
]]></content:encoded>
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		<title>By: Khalil</title>
		<link>http://racoma.com.ph/archives/electronic-payments-in-the-philippines-it-may-not-be-as-simple-as-we-think/comment-page-1#comment-125501</link>
		<dc:creator>Khalil</dc:creator>
		<pubDate>Mon, 14 May 2007 13:55:45 +0000</pubDate>
		<guid isPermaLink="false">http://racoma.com.ph/archives/electronic-payments-in-the-philippines-it-may-not-be-as-simple-as-we-think/#comment-125501</guid>
		<description>http://www.petitiononline.com/paypalph/petition.html

Guys! Let&#039;s start the campaign for full functionality of Paypal Philippines!!!</description>
		<content:encoded><![CDATA[<p><a href="http://www.petitiononline.com/paypalph/petition.html" rel="nofollow">http://www.petitiononline.com/paypalph/petition.html</a></p>
<p>Guys! Let&#8217;s start the campaign for full functionality of Paypal Philippines!!!</p>
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		<title>By: Technqx</title>
		<link>http://racoma.com.ph/archives/electronic-payments-in-the-philippines-it-may-not-be-as-simple-as-we-think/comment-page-1#comment-34031</link>
		<dc:creator>Technqx</dc:creator>
		<pubDate>Mon, 08 Jan 2007 04:09:15 +0000</pubDate>
		<guid isPermaLink="false">http://racoma.com.ph/archives/electronic-payments-in-the-philippines-it-may-not-be-as-simple-as-we-think/#comment-34031</guid>
		<description>Yeah Paypal is now available in the Philippines but you can only use it for shopping online, you wonâ€™t be able to receive funds if youâ€™re selling on eBay. There is no definite time yet when are they going to make PayPal here fully functional (sending &amp; receive).

Wanna share it with you guys. After long research, I got a solutions and itâ€™s guaranteed working cuz I got mine already.

Its guaranteed that you will be verified by PayPal allowing you to receive and send money.

I haven&#039;t been to the US yet and I was able to get a verified PayPal Account associating my US Bank Account.

STEPS: 

1. Open a US Bank Account (even you&#039;re not from the US. Use your Philippine address, that&#039;s cool.
2. Open a US PayPal account - using any US address - don&#039;t worry PayPal won&#039;t verify your address - it&#039;s the bank account that will be verified.
3. Add your newly-opened US Bank Account to your US PayPal Account.
4. PayPal will then deposit small amounts to that bank account ( that should appear on your bank transaction history within 2-3 days). You will have internet banking facilities with that account.
5. Enter to your PayPal the exact amounts they have deposited to your bank.
6. There you go. You are now a verified US PayPal account holder having the privileges of receiving and sending money online.

More information: http://search.ebay.com/_W0QQsassZtechnqxQQhtZ-1</description>
		<content:encoded><![CDATA[<p>Yeah Paypal is now available in the Philippines but you can only use it for shopping online, you wonâ€™t be able to receive funds if youâ€™re selling on eBay. There is no definite time yet when are they going to make PayPal here fully functional (sending &amp; receive).</p>
<p>Wanna share it with you guys. After long research, I got a solutions and itâ€™s guaranteed working cuz I got mine already.</p>
<p>Its guaranteed that you will be verified by PayPal allowing you to receive and send money.</p>
<p>I haven&#8217;t been to the US yet and I was able to get a verified PayPal Account associating my US Bank Account.</p>
<p>STEPS: </p>
<p>1. Open a US Bank Account (even you&#8217;re not from the US. Use your Philippine address, that&#8217;s cool.<br />
2. Open a US PayPal account &#8211; using any US address &#8211; don&#8217;t worry PayPal won&#8217;t verify your address &#8211; it&#8217;s the bank account that will be verified.<br />
3. Add your newly-opened US Bank Account to your US PayPal Account.<br />
4. PayPal will then deposit small amounts to that bank account ( that should appear on your bank transaction history within 2-3 days). You will have internet banking facilities with that account.<br />
5. Enter to your PayPal the exact amounts they have deposited to your bank.<br />
6. There you go. You are now a verified US PayPal account holder having the privileges of receiving and sending money online.</p>
<p>More information: <a href="http://search.ebay.com/_W0QQsassZtechnqxQQhtZ-1" rel="nofollow">http://search.ebay.com/_W0QQsassZtechnqxQQhtZ-1</a></p>
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		<title>By: smith</title>
		<link>http://racoma.com.ph/archives/electronic-payments-in-the-philippines-it-may-not-be-as-simple-as-we-think/comment-page-1#comment-29057</link>
		<dc:creator>smith</dc:creator>
		<pubDate>Wed, 20 Dec 2006 15:07:40 +0000</pubDate>
		<guid isPermaLink="false">http://racoma.com.ph/archives/electronic-payments-in-the-philippines-it-may-not-be-as-simple-as-we-think/#comment-29057</guid>
		<description>Hey Guys, You can check this website for ON LINE PAYMENT SERVICES, www.mypayswitch.com office is located here in the philippines, 18F Security bank Ayala Ave. Makati 

look for Smith parreno 8912755/09108826877</description>
		<content:encoded><![CDATA[<p>Hey Guys, You can check this website for ON LINE PAYMENT SERVICES, <a href="http://www.mypayswitch.com" rel="nofollow">http://www.mypayswitch.com</a> office is located here in the philippines, 18F Security bank Ayala Ave. Makati </p>
<p>look for Smith parreno 8912755/09108826877</p>
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		<title>By: Vulnerability in Xoom&#8217;s Password Retrieval Procedure? &#187; The J Spot</title>
		<link>http://racoma.com.ph/archives/electronic-payments-in-the-philippines-it-may-not-be-as-simple-as-we-think/comment-page-1#comment-14260</link>
		<dc:creator>Vulnerability in Xoom&#8217;s Password Retrieval Procedure? &#187; The J Spot</dc:creator>
		<pubDate>Mon, 23 Oct 2006 08:15:28 +0000</pubDate>
		<guid isPermaLink="false">http://racoma.com.ph/archives/electronic-payments-in-the-philippines-it-may-not-be-as-simple-as-we-think/#comment-14260</guid>
		<description>[...] After reading my post about online payment systems not being as easy to implement as we think, Marhgil earlier emailed me about how he discovered Xoom accounts are potentially vulnerable to cracking. He details in his blog how a user&#8217;s password can easily be changed if a malicious hacker (or &#8220;cracker&#8221; in this case) correctly figures out three things: the user&#8217;s email address, bank account number and ZIP code. [...]</description>
		<content:encoded><![CDATA[<p>[...] After reading my post about online payment systems not being as easy to implement as we think, Marhgil earlier emailed me about how he discovered Xoom accounts are potentially vulnerable to cracking. He details in his blog how a user&#8217;s password can easily be changed if a malicious hacker (or &#8220;cracker&#8221; in this case) correctly figures out three things: the user&#8217;s email address, bank account number and ZIP code. [...]</p>
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		<title>By: ia</title>
		<link>http://racoma.com.ph/archives/electronic-payments-in-the-philippines-it-may-not-be-as-simple-as-we-think/comment-page-1#comment-13987</link>
		<dc:creator>ia</dc:creator>
		<pubDate>Sun, 22 Oct 2006 04:45:45 +0000</pubDate>
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		<description>Sounds like there could be freebies. Kidding. &quot;Mee too!&quot;</description>
		<content:encoded><![CDATA[<p>Sounds like there could be freebies. Kidding. &#8220;Mee too!&#8221;</p>
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