Freelancing is now slowly transitioning from being an intermediate or casual form of employment to a more legitimized, long-term career option for many millennials.
With the country's growing number of smartphone users, PayPal forecasts Philippine mobile e-commerce to climb from an estimated P38.4 billion in 2017 to an estimated P55.7 billion in 2018.
Social commerce (s-commerce) is driving the adoption of digital payments as users demand more seamless and efficient payment experiences, a report said.
Optimism is high among Filipino freelancers as far as their online careers are concerned, even more so than their Southeast Asian contemporaries, said global fintech company PayPal.
On average, nearly half of freelancers (48.5%) surveyed in these markets attributed payment issues to a prevailing attitude of not taking freelancers seriously.
The PayPal Business App allows merchants to review transactions, check balances in all currencies, send customized invoice to clients, track unpaid accounts, and streamline their communications with clients at any time and place.