Why is this a big fucking deal? This means that someone can buy shit at Divisoria and sell them on Ebay US for a high mark-up and accept Paypal. As Mike Abundo says, “This is a gamechanger“.

Besides the possible direct to consumer aspect, I hope it puts a dent in the current money remittance businesses. Maybe I won’t have to watch an annoying “Send money to the Philippines” commercial ever again.

This also means that I can hire and pay more efficiently people living in the Philippines for freelance projects at a fraction of the cost.