MANILA, PHILIPPINES – As Payoneer celebrates two decades of global operations and nine years of empowering Filipino entrepreneurs, the fintech leader reinforced its role as a trusted growth partner for small and medium-sized businesses (SMBs) at the Manila edition of its flagship event, VIP Connect.
Held under the theme “20 Years of Empowering Businesses to Go Global,” the gathering convened professionals from e-commerce, IT, marketing, healthcare, and other industries – underscoring the platform’s relevance across the diverse Philippine business landscape.
The Philippines remains a priority market for Payoneer, anchored by its reputation as a global outsourcing hub. In 2024, the IT-BPM sector contributed $38 billion in revenues, employed 1.82 million professionals, and accounted for 9% of the nation’s GDP. Alongside this, the country’s 1.5 million gig workers continue to strengthen its position as a premier source of talent for remote work and outsourcing.
“The country’s rich talent pool and fast-growing outsourcing industry make it a vital hub for global business, and we are here to ensure Filipino entrepreneurs have the tools and support to thrive on the world stage.” said Monique Avila, Payoneer’s Head of Customer Success for APAC. He emphasized the company’s role in enabling seamless cross-border transactions in 190+ countries and territories, across 10 currencies, while opening access to global marketplaces and millions of SMBs worldwide.
For nearly a decade, Payoneer has provided Filipino businesses with reliable cross-border payment capabilities, fueling their expansion into international markets. At VIP Connect Manila, industry leaders and Payoneer clients shared firsthand accounts of how the platform has supported their growth journeys.
In his keynote, Mon Macutay, CEO of Big Ideas PH, addressed the challenge of delayed client payments, sharing how technology and Payoneer’s tools helped him strengthen operational resilience. EJ Hamodiong, CEO of VH BPO, likewise credited Payoneer for enabling his company’s international expansion and ability to serve global clients with confidence.
During the panel, long-time customers Ian Lawrence Logan, Executive Director of Ardent Paralegal and Business Solutions and Regine Regencia, CEO of Strategic Assistant Services, shared how Payoneer has grown into a true growth partner from delivering timely support through dedicated account managers to providing networking opportunities such as the VIP Connect.
The Manila event also marked the launch of Payoneer Workforce Management (WFM), a solution designed to simplify hiring, onboarding, and paying workers across 160+ countries – without requiring businesses to set up local entities.
“Workforce Management is a natural extension of what Payoneer already does best—removing barriers for businesses to operate globally,” said Tarun Gadhok, Senior Director of Account Management WFM at Payoneer.
Formerly known as Skuad, Payoneer WFM ensures compliance with local employment regulations while offering benefits such as insurance, workspace access, visa documentation, payroll services, and more. It also connects businesses to Payoneer’s expansive network of over one million skilled professionals worldwide.
