ChallengeHigh rates, delayed payments, long processing times
SolutionPayoneer Bank Transfer Service and the US Payment Service
Result500% increase in monthly revenue
Knowing the Best Way to Receive Payments is one of the Most Critical Aspects to Consider
I am Allan Donato and I’m from Bulacan, Philippines. I’m the co-founder of EASE Technology Solutions, an IT outsourcing company catering to clients around the world.
My story started just like many other Filipinos who dream of a better life for their loved ones. I left my family in 2008 to seek greener pastures in the Middle East. Even then, my earnings as a Telecom Engineer was not enough to sustain my family’s daily needs. I started venturing into freelancing and with hard work and commitment, I was able to get more and more projects. I decided to quit my day job and return to the Philippines to become a full time freelancer.
After years of continued growth, my wife and I established EASE Technology Solutions in 2014. In any type of business, knowing the best way to receive payments is one of the most critical aspects to consider. I tried almost every payment option available, such as local bank transfers, money remittance services, and Paypal.
I Experienced Delayed Payments and Long Processing Times
I discovered that the rates and fees of cross-border payments are excessively high, and experienced delayed payments and long processing times. Not to mention the inconvenience of having to wait in line when you are in an emergency. Payoneer addressed all of these with their fast, convenient, and cost-effective payment solutions.
Thanks to Payoneer, I was Able to Accelerate the Growth of Our Company
I signed up to Payoneer in 2009 when I was still a freelancer, and I‘ve been using them ever since. It’s a great way to receive my funds quickly. I have also been using the new local bank transfer option. This new option offers more competitive exchange rates and much lower transaction fees than others. In addition, the U.S. Payment Service is a great way for my U.S.-based clients to pay me directly. Thanks to Payoneer, I was able to accelerate the growth of our company, and the average monthly revenue has increased by almost 500% over the past few years. From being just a mom-and-pop company, our team now has over 30 employees who all share our ultimate goal of delighting our clients and providing great service.