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Safe and Fast Ways to Pay Your Filipino Employees


There are a lot of convenient and safe ways to pay your Filipino Employees, even if you are miles away from each other. With the technological advancement, outsourcing providers, online money remittance centers, and e-wallets will allow you to pay your Filipino Employees in just one click. No need to travel just to directly hand them their salary because you could safely pay them online and on-time.


If you are an employer looking for a way to safely pay your Filipino Employees, here are some International Outsourcing Providers, Money Remittance Centers, and E-Wallets that you might consider trying:

1. Western Union

Western Union offers different transfer methods that are both convenient and reliable for employers. The transfer method Western Union is offering are Cash Pick-Up, Direct to Bank, and Mobile Transfer. Western Union has more than 500,000 agent locations in 200 countries. It also has more than One Hundred Thousand ATM around the world.

Pros:

1. Employers could transfer money immediately.

2. Low Transfer Rates

3. Accessible in 200 countries around the world

4. Different transfer methods


2. MoneyGram

According to MoneyGram, Money Transfer at your fingertips. It has 347,000 agent locations worldwide, available in more than 200 countries. It offers online cash transfer, Bank Account to Bank Account and International Money Order. MoneyGram has a money transfer app that makes money fast and easy. Just by using your mobile phone, you could immediately transfer money to your employees. Money Transfer is at your fingertips, indeed.

Pros:

1. Low Transfer Rates

2. Same-day transfer

3. 350,000 branches accessible in more than 200 countries

4. MoneyGram offers home delivery and cash pick-up service


3. LBC Home

LBC has branches in most provinces in the Philippines. It offers immediate money transfer. The transfer methods available are LBC instant peso padala, LBC Spend and Swipe, bank deposit, and Home Delivery. LBS has 1,252 branches in the Philippines. In U.S. and Canada, it has over 60 branches. You could also find it in some areas of South Korea, Kuwait, Spain, United Arab Emirates, Germany, Japan, Singapore, Malaysia, Brunei, Australia, and Hong Kong.

Pros:

1. Broadly accessible in the Philippines

2. Low Transfer Rates

3. Offers different transfer methods


4. PayPal

PayPal operates online payment system that offers online money transfer and money orders. It has a million users all over the world and it is proven reliable. Most freelancing platforms use PayPal to pay their freelancers. You can link your bank account, credit card, and debit card on your PayPal account for a faster money transfer.

Pros:

1. Fast, easy-to-use and secured

2. Accessible in more than 200 countries

3. Low Transfer Rates


5. Ria Money Transfer

Aside from offering money transfer service, Ria Money Transfer also offers money remittance service. It has over 447,000 locations accessible in 160 countries. It offers the following methods:

a) Phone

b) Bank Account to Bank Account

c) Online services

d) Cash transfer

Pros:

1. The money could be received through authorized agents, bank deposits, and home delivery in some areas.

2. Allows you to send money through credit card, debit card, and banks.


6. Payoneer

Payoneer offers online money transfer and online payment services. This digital payment platform offers working capital to its customers as well. It is an e-wallet and a virtual bank account. Some freelancing platforms and outsourcing providers like Google use Payoneer.

Pros:

1. Payoneer is accessible to more than 200 countries with 150 local currencies.

2. Strong security, proven reliable by freelancing platforms

3. Instant money transfer


If your employee rendered the service in a freelancing platform, you can directly pay your employee in the platform. Some freelancing platforms have payment mechanisms in their websites made for payment transactions between an employer and an employee.

Before deciding to pay your Filipino Employees with the assistance of Money Transfer Companies or Outsourcing providers, you should know the advantages of paying your Filipino Employees through online money transfer companies or outsourcing providers.


Advantages of Paying Your Filipino Employees through Money Transfer Companies or Outsourcing Providers:

1. As an employer, you have a lot of things to do. Paying through Money Transfer Companies or Outsourcing Providers saves time.

2. It reduces the possibility of robbery and could save you from frauds.

3. It is easier to transfer the money.

4. Money Transfer Companies and Outsourcing Providers work fast and could immediately safely send big amount to your employee.

5. It is a hygienic transaction.


Your Chosen Money Transfer Company or Outsourcing Provider Should Have the Following:

1. Security

Security is important for everyone and it should be your top priority. Your chosen money transfer company or outsourcing provider should be registered in the Philippines to avoid conflicts. You could check the reputation of your chosen Money Transfer Company or Outsourcing Providers by checking the reviews of other clients towards your chosen Money Transfer Company or Outsourcing Provider. When it comes to things like this, you should always double check. Make sure to read the terms and conditions of your chosen Money Transfer Company or Outsourcing Provider before signing-up – that is one way of protecting your private information. Again, do not hesitate to double check. Safety first.

2. Reasonable Rates

Choose a Money Transfer Company or Outsourcing Provider that offers fast and reliable services with reasonable rates. Choose your Money Transfer Company or Outsourcing Provider wisely because your reputation as an employer also depends on it.

3. Availability

You should choose a Money Transfer Company or Outsourcing Provider that is accessible in your area and in the area of your employee. Always check the branches of your desired Money Transfer Company or Outsourcing Provider first before officially choosing it. It will be easier and hassle-free in your part as employer if you and your employee have access to your chosen Money Transfer Company or Outsourcing Provider.

4. Quickness

You need a money transfer company or outsourcing provider that offers a fast and reliable service. Your employee might need his/her salary immediately. Money is essential for everyone. Delay payouts could disappoint your employee. Reputation of your chosen Money Transfer Company or Outsourcing Provider will also proceed your reputation as an employer.

5. Customer Support

Your chosen Money Transfer Company or Outsourcing Provider should have respect to clients. The representatives or workers of your chosen Money Transfer Company or Outsourcing Provider should always be polite, respectful, and ready to resolve the problems or conflicts clients may have. Your chosen Money Transfer Company or Outsourcing Provider should not tolerate and show discrimination.


SO, WHAT'S NEXT?

Hi, I'm Paul. If you enjoyed reading this article you might like to read also:

Reasons Why You Should Recruit Virtual Assistants from Philippines

Compelling Attributes and Work Ethics of Filipinos as Virtual Assistants

8 Important Things to Do Before Expanding Your US Startup Business to the Philippines


Or check Guides to Virtual CEO - Best for virtual CEOs, startup business owners, or enthusiasts


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