PayPal for PI actually works

Yes, it does, though I realized only recently.

PayPal.com and all its money sending/receiving features are available to users with credit/debit cards/bank accounts in the Philippines. I signed up to an account just this April and the process is actually fast and easy.

This provides Filipinos working on outsourced/online projects more flexibility in billing and getting paid (or making payments). I see it as a safer way of shopping (for over-taxed gadgets) online.