In line with the shocking news of Paypal blocking many PTC sites and companies including paying and legit sites and since I can no longer withdraw my earnings from PTC sites to Paypal, I decided to find an alternative online payment processors. My main concern here is to find the best and suitable withdrawal option for Pinoys, like me. And to make sure that I'm providing you the right information, there's been a long exchange of e-mails before I finally got the information I needed.

See the fees and options of the following online payment processors:

  Payza Withdrawal Options  

Bank Wire* - $15 per request

Minimum Withdrawal Amount - $40

Credit/Debit Card - Currently Disabled

*Bank Wire withdrawals in USD is not available and you can withdraw the funds in GBP or Euro currency and Also, if you would like the funds to be converted to another currency after you receive the wire, you must verify with your bank whether the funds will be converted automatically upon receipt or accepted as Euro (€) or GBP (£). - Message from Payza Customer Support

  Skrill Withdrawal Options  

Bank Wire** - 5.50 EUR per request

Minimum Withdrawal Amount - 10 EUR

Mobile Wallet: GCash or Smart Money - 1.9% (capped at 20 EUR)

**USD bank wire transfer requests will be executed in EUR. If your request is in USD, an foreign exchange charge of 3.99% will apply. - Message from Skrill Customer Support

  NETELLER Withdrawal Options  

Bank Wire*** - 10.50 EUR per request

Minimum Withdrawal Amount - 10 EUR

Money Transfer (Member to Member Transfer) - 1.9% (capped at $20)

***Additional fees may apply from the intermediaries involved as it would be an international payment. - Message from Neteller Facebook Chat Support

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For all transactions involving currency conversion (for example US Dollars to Philippine Peso), payment processors usually charge an additional 3.99% fee. This is a foreign exchange processing fee to protect payment processors against exchange rate fluctuations.

And based from the information I've collected, I have decided to finally sign up with Skrill. If you also want to sign up with this payment processor, just click here.

Why Skrill? Skrill have the lowest fee among these three popular payment processors. Another factor is its mobile wallet feature that makes it more suitable for Philippine residents.

For the coming days, you might see more updates regarding Skrill withdrawal so keep an eye on my blog.

It's confirmed! 8Share Philippines is officially retiring. Months ago, there has been a lot of speculation among members that the site will shut down soon. A lot of us expressed our sentiments on 8Share Facebook Page and we are not getting any response so it led us to believe that it's really coming to an end.

Official Statement:

This statement was posted just today, March 29. I find this unacceptable. Was it a tactic to delay the announcement? It would have been better if they have informed the members earlier if they will impost a deadline. Or they should have just declared bankruptcy, which is more reasonable.

Please don't get me wrong! It's been a great experience to be part of 8Share.  I was able to cash out once and won a contest they've hosted. However, I think their sudden retirement and just the way it ended was really terrible. Trust has been damaged and as for me, I can no longer trust another sharing site from the same company after what happened.

But still...thanks for a wonderful journey, good bye!

When Clixsense and BuxP announced that Paypal withdrawal has been disabled as a payment option, I worried because I've been using Paypal for the longest time and it's the only option I have to transfer funds to my local bank account (in the Philippines).

You may notice I only have three legit PTC sites listed here on my blog, simply because they've proven that they are paying sites. And what I also like about them is that they constantly communicate with their members about updates and announcement thru "Forums". Clixsense and BuxP particularly have pop up messages so you won't miss any updates.

Let's take a run down of what actually happened:

BUXP

Jan 15, 2017 - BuxP informed us about their negotiation with Paypal and it has been disabled for the meantime.

Feb 20, 2017 - BuxP officially announced that Paypal has been removed as a payment option so they have added more alternative options.

Feb 22, 2017 - BuxP are still in contact with Tango Card, Payoneer and Skrill as potential new payment processor. And still has no update up to now.

For the full thread visit here.

CLIXSENSE

Feb 9, 2017 - Clixsense officially announced that Paypal has been removed from the site. Read here.

Feb 21, 2017 - Skrill becomes available for cash outs. Read here.

NEOBUX, on the other hand, still has Paypal withdrawals, along with other payment options like Skrill, NETELLER, and Payza.

This shocking news only proves that there is nothing permanent in this world. Even eBay (one of the biggest online marketplace) had split up with Paypal. This sudden change really had a great impact to a lot of people, but it also implies that we shouldn't be too dependent to a single company. That we should always have a back up plan.

Please bear with me as I hunt for alternative payment processors that are suitable for Philippine residents. I will keep you posted so just follow my blog at fb.com/mothersroad.