What is the Best International Payment System or Top-tier Payment Gateway in the Filipino Global Community?

Written by
Lou Zarcal
Published on
June 6, 2024
What is the Best International Payment System or Top-tier Payment Gateway in the Filipino Global Community?

In today’s interconnected world, the ability to make seamless international payments is crucial, especially for Filipinos engaged in global business, freelancing, or supporting family members abroad. The rise of the digital economy has led to an increasing demand for efficient and reliable payment systems that cater to cross-border transactions. With numerous options available, selecting the best international payment system can significantly impact your financial transactions' efficiency, cost, and security. This decision becomes even more vital when considering the varied needs of different users, from individual freelancers to large businesses.

This blog post explores what makes a top-tier international payment system and why Parallax stands out among traditional banks, PayPal, Payoneer, Wise, e-wallets, and Binance as the ideal choice for Filipinos. Whether you are looking for speed, low fees, security, or convenience, understanding the key features of these systems can help you make an informed choice that best suits your financial needs.

What is an International Payment System?

An international payment system enables the transfer of money between individuals or entities across different countries. These systems handle the complexities of currency exchange, regulatory compliance, and secure transactions, ensuring that funds are transferred efficiently and safely.

Key Features of a Good International Payment System:

  1. Speed: Quick processing times for transactions.
  2. Low Fees: Affordable transaction fees and favorable exchange rates.
  3. Security: High-level security protocols to protect user data and funds.
  4. User-Friendly: Easy-to-use interface with multiple options for sending and receiving money.
  5. Global Reach: Ability to operate in multiple countries and currencies.

Why Filipinos Need a Reliable International Payment System

The Philippines is home to a vast number of overseas workers, freelancers, and international businesses. The importance of a reliable international payment system in this context cannot be overstated. A dependable system is vital for facilitating smooth financial transactions, ensuring that overseas workers can easily send remittances back home, freelancers can promptly receive payments for their work, and businesses can efficiently manage their international trade dealings. Moreover, a robust payment system enhances economic stability and growth by providing secure and efficient means to transfer funds across borders, thereby supporting the livelihoods of millions of Filipinos and bolstering the nation's economy.

  1. Sending Remittances: Millions of Filipinos work abroad and send money back to their families.
  2. Freelance Payments: Filipino freelancers often have clients from various parts of the world.
  3. Business Transactions: Filipino businesses engaged in international trade require efficient ways to pay suppliers and receive payments from global customers.

Comparing Top International Payment Methods

Choosing the right method for international payments is crucial to ensure transactions are smooth, cost-effective, and secure. Various methods, including traditional banks, PayPal, Payoneer, Wise, e-wallets, Binance, Alipay, and Worldpay, offer unique features tailored to different needs.

Traditional Banks

Traditional banks have been the go-to option for international payments for decades. However, they often come with high fees, poor exchange rates, and slower processing times compared to modern alternatives. While banks offer a sense of security and trust, their services may not be the most cost-effective or efficient for regular international transactions.


PayPal is a widely used platform for international payments due to its ease of use and widespread acceptance. It offers relatively fast transaction times, but its fees can be high, especially for currency conversions and cross-border payments. Despite its popularity, PayPal's high costs can be a drawback for frequent users.


Payoneer is popular among freelancers and businesses for its global reach and lower fees compared to PayPal. It provides a multi-currency account and competitive exchange rates. However, the platform can be complex to navigate, and some users report occasional delays in fund transfers.

Wise (formerly TransferWise)

Wise is known for its transparency and low-cost international money transfers. It uses real exchange rates and charges a small, upfront fee, making it a cost-effective option. Wise is ideal for those looking for affordable and straightforward international transactions, but it may not offer as many additional financial services as other platforms.


E-wallets like GCash and PayMaya offer convenient ways to send and receive money internationally. They are user-friendly and integrate well with local banks and mobile networks. However, their international capabilities are often limited compared to more established payment systems, and they may come with higher fees for cross-border transactions.


Binance, primarily known as a cryptocurrency exchange, offers international payment solutions through its Binance Pay service. It allows users to send and receive crypto payments globally. While it offers low fees and fast transactions, it requires a good understanding of cryptocurrency and may not be suitable for everyone.


Alipay is a leading payment platform in China and is gaining popularity worldwide. It offers a wide range of services, including international payments. Alipay provides competitive exchange rates and relatively low fees. However, its primary user base is in China, and its acceptance outside of Asia might not be as widespread as other platforms. For Filipinos dealing with Chinese businesses or customers, Alipay can be a very efficient option.


Worldpay is another robust option for international payments, offering services tailored for businesses and individual users alike. Known for its extensive global reach and advanced security features, Worldpay supports a wide range of currencies and payment methods, making it a versatile choice. It is particularly beneficial for businesses that require a reliable and secure payment processing solution with a broad international footprint. While it may have slightly higher fees than some alternatives, the comprehensive services and support offered by Worldpay make it a strong contender in the international payment landscape.

Why Parallax is the Best International Platform to Send Money for Filipinos

Parallax is an innovative and efficient international payment platform designed to meet the unique needs of Filipinos who need to send money abroad. Whether you are a freelancer, an overseas worker, or a business owner, Parallax offers a comprehensive solution that simplifies the process of international money transfers.

The platform combines low fees, competitive exchange rates, and fast processing times, ensuring that your money reaches its destination quickly and cost-effectively. Additionally, Parallax provides a user-friendly interface and robust security measures, making it the preferred choice for Filipinos including freelancers and remote workers looking for a reliable international payment method.

Speed and Efficiency

One of the primary advantages of Parallax is its fast transaction processing times. Whether you are a freelancer needing to receive payments quickly or a business managing cash flow, Parallax ensures that your funds are transferred promptly.

Low Fees and Competitive Rates

Parallax offers some of the most competitive fees and exchange rates in the market, and some may argue that it may be even better than Google’s exchange rates. Unlike traditional banks and many other platforms, Parallax’s low-cost structure ensures that you retain more of your hard-earned money.


Security is a top priority for Parallax. The platform employs advanced encryption technologies and robust security protocols to protect your financial information. With multi-factor authentication and secure identity verification, Parallax ensures that your transactions are safe from fraud and unauthorized access.

User-Friendly Interface

Parallax is designed with user convenience in mind. The intuitive platform makes it easy for users to manage their accounts, initiate transactions, and track their payments. Whether you are tech-savvy or new to digital payments, Parallax as an international gateway payment service, provides a seamless experience.

Global Reach

Supporting over 150 countries, Parallax enables you to send and receive money globally with ease. This extensive network is particularly beneficial for Filipinos who have clients, family, or business partners around the world.

How to Use Parallax as your International Payment Platform

Creating an Account

Signing up for a Parallax account is straightforward. Visit withparallax.com, click on the sign-up button, and fill out the required information. After verifying your identity, you can start using your Parallax account.

➡️ Click here to sign-up for a free Parallax account

Linking Your Bank Account

Once your account is set up, you can link your bank account or mobile wallet to Parallax. This integration allows you to transfer funds seamlessly between your bank and Parallax accounts.

Making a Payment

To make an international payment, log in to your Parallax account, enter the recipient’s details, and specify the amount you wish to send. Parallax will handle the rest, ensuring a fast and secure transaction.

Receiving Payments

Receiving payments through Parallax is equally simple. Provide your clients or family with your Parallax account details, and they can send money directly to your account. You can then transfer the funds to your linked bank account or mobile wallet.

Benefits of Using Parallax as a Payment Gateway for Filipinos

Parallax offers numerous benefits as an international payment gateway for Filipino freelancers, remote workers, and more, making it a standout choice for managing cross-border transactions. One of the primary advantages is its low fees and competitive exchange rates, ensuring that users get the most value out of their money transfers.

Additionally, Parallax boasts fast transaction processing times, which is crucial for freelancers and businesses that need timely payments. The platform’s robust security measures, including advanced encryption and multi-factor authentication, provide peace of mind by protecting users’ financial information. Moreover, Parallax’s user-friendly interface simplifies the process of sending and receiving payments, making it accessible even for those who are not tech-savvy. Overall, Parallax combines efficiency, cost-effectiveness, and security, making it the ideal international payment gateway for Filipinos.


Parallax’s low fees and competitive exchange rates make it an economical choice for international payments. This is especially beneficial for freelancers and businesses that need to manage their finances efficiently.

User-Friendly Platform

The intuitive design of the Parallax platform makes it easy for users to manage their accounts and perform transactions without any hassle making it a great international payment platform for any Filipino.

Excellent Customer Support

Parallax offers real-time customer support to assist with any issues or questions you may have. This ensures that you have a smooth and worry-free experience when using the platform.

Integration with Other Platforms

Parallax seamlessly integrates with popular freelance platforms like Upwork and Fiverr, as well as other payment gateways like Stripe. This makes it a versatile choice for freelancers and businesses alike.

Choose Parallax Today the Best International Payment Solution

When it comes to making international payments, Filipinos need a system that is fast, secure, and cost-effective. Parallax ticks all these boxes and more, providing a superior alternative to traditional international payment methods. With its user-friendly interface, competitive fees, and extensive global reach, Parallax is undoubtedly the best international payment system for Filipinos.

By choosing Parallax, you can enjoy the peace of mind that comes with knowing your money is in safe hands and that your transactions will be processed quickly and efficiently. This combination of speed, security, and cost-effectiveness makes Parallax the ideal solution for all international payment needs of Filipinos.

Whether you're a freelancer, business owner, or someone who needs to send money to family abroad, Parallax is the best international payment system to meet your needs. Ready to send US Dollars back to the Philippines? Visit withparallax.com to learn more and start making international payments with ease today.

➡️Click here to sign-up for a free Parallax account

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