How to Create an Elevate Pay Account in the Philippines
Mesan Ali
A country with over 1.5 million freelancers the Philippines will always need a better solution for seamless transfers. Filipino freelancers have been paying high conversion rates, FX rates, and service fees for receiving their hard-earned money and it was about time someone solved this problem. Elevate Pay is the solution you have been looking for all this time.
Elevate Pay is now available in the Philippines and you can create your account in X simple steps. But before we dive into that let’s help you understand Elevate Pay better.
What is Elevate Pay?
Elevate Pay is the solution to global USD banking that freelancers and remote professionals have been looking for. Elevate Pay offers a virtual USD bank account sponsored by Bangor Savings Bank. You can use Elevate Pay to store USD, receive payments, send money, and more.
How To Create an Elevate Pay Account in the Philippines?
Creating an Elevate Pay account is a simple 3-step process. Let’s dive into the guide and help you create your Elevate Pay account:
Start by Downloading the App & Signup
Start by downloading the mobile application on your Android or Apple smartphone. Elevate Pay does not have a web version for services, yet. So, you’ll have to download the app on your mobile device.
Sign up on the app by submitting your email and mobile phone number. Your phone number must belong to a service provider in the Philippines to be able to sign up.
Complete the Verification and Wait for Approval
Elevate Pay highly values security on the platform and therefore requires you to complete the Know Your Customer process. You must take a live selfie, upload your ID, and share a document containing your address ensuring that you live in the Philippines.
Elevate Pay reviews and approves your account typically between 24 to 72 hours. However, excessive demand may result in a longer wait time for profile approval.
Receive USD
Once your profile is approved, you can receive USD in your Elevate Pay account. You can receive direct deposits via ACH or Wire transfer or through freelance platforms like Upwork and Fiverr.
Why use Elevate Pay in the Philippines?
Using Elevate Pay in the Philippines brings you a range of benefits that you will not find with other service providers. Elevate Pay is not your traditional digital wallet, it is your gateway to US banking while you earn from the comfort of your home in the Philippines. With Elevate Pay you get the following:
Zero Transaction Fees
Elevate Pay does not charge fees for receiving or sending funds within its ecosystem. So you can now send and receive USD among your network.
Competitive FX Rates
Users get transparent and interbank currency conversion rates, ensuring cost-effective international transactions.
Free US Bank Account
Avoid the hassle of opening foreign accounts with high fees. Elevate provides a free US bank account sponsored by Bangor Savings Bank.
Free Virtual Debit Card
Make online and in-store payments internationally using the free virtual debit card provided by Elevate Pay.
24/7 Support:
Elevate Pay offers dedicated customer support services for the Philippines available 24/7. As a user, you’ll always have a helping hand to assist you with any queries that you might have.
Setting up your Elevate Pay account is a straightforward, simple process that may only take you minutes. Elevate Pay offers a user-friendly platform with competitive exchange rates and benefits designed solely for emerging markets like the Philippines.
When you choose Elevate for your USD banking needs, you’ll have access to a free virtual Mastercard debit card, cost-effective money transfers, and unrestricted banking services. You can start maximizing the value of your USD funds by withdrawing them to your Elevate account!