The best payment solutions for SMBs in the Philippines

Philippines - November 27, 2025 - The best payment solutions for SMBs in the Philippines

As global demand for Filipino talent, goods, and services continues to rise, the country’s growing community of SMBs need to be able to send and receive money securely and efficiently. But managing international payments can often be confusing and costly without the right tools in place.

 These small businesses are eagerly expanding into global markets. According to Payoneer’s second annual SMB Ambitions Barometer, half of Filipino SMBs say that reaching new customers is the biggest benefit of going global. They also highlight improved innovation (62%), access to higher quality supply chains (57%), and better financial performance (54%).

When looking for the best payment solutions for SMBs in the Philippines, SMBs want a platform that supports the growth of their business and keeps finances on track in a simple, uncomplicated way.

The opportunity and challenges of going global

 When it comes to international payment processing for Filipino businesses, making things more transparent, flexible, and straightforward will have a positive impact on these small businesses that are so critical to supporting the Philippines’ global growth.

What makes a good global payment platform?

Listening to what small businesses are saying, it’s clear that they have a good idea of what they want from a global payment solution:

• Transparent fees with no hidden costs
• Receiving accounts in multiple currencies
• Simple setup and user-friendly tools
•  Features that make compliance easier
•  Support for multiple clients, platforms, and regions

Cross-border payments for e-commerce and services need to feel as frictionless as local ones. That’s where Payoneer’s e-commerce solutions come into play.

Why Filipino SMBs use Payoneer

Payoneer’s tools are designed for global business. Its platform makes it easier to manage digital payments and have clear visibility of their financial activity.

Currency receiving accounts

Payoneer users can receive funds in major currencies like USD, EUR, and GBP when receiving payments, allowing them to be paid by overseas clients more easily, without having to open and maintain multiple financial accounts abroad.

A guide to global e-commerce payments

Being able to handle payments smoothly is vital for Filipino businesses selling online. Payoneer supports cross-border payments for e-commerce with features such as:

• Receiving accounts for marketplace payouts
• Options to manage multiple currencies in one dashboard
• Support for paying international vendors or contractors
• Easier reconciliation of overseas transactions

Getting started with Payoneer

Setting up with Payoneer is simple and can be done online:

1. Sign Up: Visit the Payoneer website and click on the 'Open your account' or 'Register' button.​
   
   
2. Provide personal and business information
   
   
3. Verification: Submit necessary identification documents and any required business documentation for verification purposes.​
   
   
4. Link bank account: Once verified, you can link your Philippine bank account to your Payoneer account to facilitate withdrawals in PHP.​
   
   
5. Receive payments: After setup, you can start receiving international payments through your Payoneer account.

 The small business economy in the Philippines is expanding fast. As international transactions become the norm, so does the need for infrastructure that supports them.

 Payoneer meets that demand in a way that traditional financial systems can’t, offering a flexible and cost-conscious solution for international payment processing for Filipino businesses. When looking for the best payment solutions for SMBs in the Philippines, Payoneer promises a powerful solution.

 Explore what Payoneer can do for your business. Sign up today and see how easy global payments can be.

Sign up for a Payoneer account today.