Freelancing in the Philippines has boomed in recent years, and the pandemic has accelerated this growth, making it an unstoppable trend. Since the discovery of flexible employment options, more people are considering freelancing than traditional employment.
Freelancing is here to stay. If you’re making a choice in considering freelancing, whether as a side-hustle or a full-time job, you’ve come to the right place. While it may seem to take a lot of hard work to get started, you might just reap the benefits of being in this career path!
According to the Philippine Online Freelancing Industry Study of the Department of Information and Communications Technology (DICT) through the ICT Industry Development Bureau, 19% of Filipinos have enjoyed more time with their families. With freelancing’s flexible schedule and being able to have complete control of it, it gives you the best of both worlds by doing jobs in the comfort of your own home and earning from local and international clients. This means more time to support and be with your family.
The same study also mentioned that almost 17% of respondents say that freelancing had positively impacted their lives by having the chance for personal and professional growth. The best part of being a freelancer is that your work speaks for you – you can experiment with your skill set and upskill any time. You also have the power to be the best version of yourself.
The study also revealed that 22% of respondents enjoy financial stability as freelancing provides them with multiple sources of income. This isn’t surprising as freelancing allows you to gain and access clients in an overseas location. With more opportunities in the global market, there is no limit on how much you can earn. You can raise your rates over time as you gain experience and build a strong reputation for yourself.
Working with international clients can also be a great way to build your business from anywhere in the world. And of course, when doing business internationally, you need an easy way to get paid globally as well as having easy access to funds in major foreign currencies at all times.
That’s where Payoneer comes in and is why Payoneer is used by thousands of Filipino businesses to help them get paid in the currency that suits both them and their clients’ needs. Payoneer helps more and more Filipinos participate and succeed in the global digital economy. Plus, Payoneer makes it easy tos simply transfer funds between your Payoneer currency balances to get the currency you need.
The Payoneer mobile app also ensures secure online payment transactions that will help you to manage and stay on top of your global payments even when on the go. No matter where you are in the world, you can scale your business and immediately receive payment to your local bank account with Payoneer’s flexible withdrawal options and low-cost online payment solution.
By signing up and linking a Payoneer account via GCash, Filipino users can receive foreign currency overseas and withdraw the funds locally in PHP instantly for free via the GCash app. This enables freelancers to receive payments from global clients in foreign currencies like USD, EUR, GBP, AUD, and more.
Isn’t it time your realized your potential and signed up to Payoneer?
[1] According to eligibility and current Payoneer offering
*The survey was conducted from October 2021 to January 2022. There are a total of 2,224 respondents, majority of the respondents, 54.9% were from Luzon, followed by 18.5% from Visayas, and 26.6% from Mindanao.