GoTyme offers holiday flights for remittance users
GoTyme Bank has launched a raffle that will give five overseas Filipinos round-trip Cebu Pacific flights for two and cash prizes, using international remittances to attract more customers to its…
Western Union remittance services to reach 1,400 JuanPay outlets
Filipinos will soon be able to send and receive money from abroad at about 1,400 JuanPay outlets across the Philippines through a new partnership with Western Union. The service will…
GoTyme Bank enables global remittances to 170 countries with Wise
GoTyme Bank has enabled customers to send money to more than 170 countries and territories directly from its mobile app, expanding its international payments capability through a partnership with Wise…
Visa, GCash enable cross-border funding for wallets and cards
Visa and GCash have partnered to allow overseas users to send money directly to GCash wallets in the Philippines and to let overseas Filipinos use foreign-issued Visa cards to fund…
Remitly, Coins.ph use stablecoins for remittances to the Philippines
Remitly, a provider of digital financial services, and Coins.ph, a licensed crypto exchange, have rolled out a new remittance route that uses stablecoins to speed up cross-border money transfers to…
SMAC members can earn points through BDO Remit cash pickups at SM Stores
SMAC (a loyalty program of SM Retail – Digital Advantage Corp.) and BDO Remit (the remittance service of BDO Unibank Inc.) have partnered to allow Overseas Filipino Workers’ families to…
Coins.ph expands stablecoin use as remittances face cost and delay issues
Coins.ph is expanding the use of stablecoins in cross-border payments as remittance providers look for faster and cheaper ways to move money into the Philippines. The local crypto platform said…
BCG Study: Filipino families rely on digital tools to make joint decisions
Filipino families continue to depend on digital channels to stay connected and make shared decisions, especially when a member works abroad, according to new research from Boston Consulting Group (BCG).…
Filipinos can now open US bank accounts through RCBC Pulz app
Rizal Commercial Banking Corp. (RCBC) has partnered with Meridian, a US-based provider of real-time global payments, to introduce the RCBC Pulz App US Virtual Account, a service that allows Filipinos…
GoTyme Bank, Wise Platform partner for international remittance service
Digital bank GoTyme Bank has partnered with Wise Platform, a global payment infrastructure provider for banks and enterprises, to offer international money transfers through the GoTyme Bank app. GoTyme Bank…
Western Union unveils app in PH for sending and requesting remittances
Western Union, a global financial services company, has launched a new mobile app in the Philippines that allows users to both send and request money from abroad. The country is…
Visa: Filipinos drive digital remittance growth across Asia Pacific
The Philippines is among the leading adopters of digital remittances in Asia Pacific (APAC), according to a new report from payments company Visa. The study showed that 74% of Filipinos…
Maya, Cebuana Lhuillier partner to expand access to credit and remittance services
Cebuana Lhuillier, a micro-financial services provider, and Maya, a financial technology firm, have partnered to widen access to credit and remittance services for Filipinos. The collaboration brings together Cebuana Lhuillier’s…
Wise rolls out PHP account details for easier payments
With the launch of PHP account details, Wise customers in the Philippines can now receive local payments from employers, friends, and family as if they had a traditional bank account.
Fintech app Pomelo enables fee-free remittances for Filipino families
Pomelo, a financial service app catering to Filipino families in the United States, has introduced a unique approach to cross-border money transfers. The app, designed to strengthen financial ties and…
Visa enables digital remittance for OFWs and freelancers
Remittances from Overseas Filipino Workers (OFWs), digital workers, and small business owners surged in December 2023, reaching $3.6 billion — a 3.9% increase from the previous year. These funds often…
GCash broadens overseas services with improved remittance options
GCash, a finance app, now supports instant money transfers to the Philippines through more than 70 official remittance partners, including major providers like Western Union, Ria, Remitly, and MoneyGram. With…
Remittance app TANGgapp launches new feature
TANGgapp, a remittance app, is rolling out a new feature facilitating money transfers from the Philippines to the United States (US). Initially, the service catered exclusively to US-based Filipinos sending…
Visa: More Filipinos are choosing app-based remittances
A recent study by digital payment operator Visa shows that 71% of Filipinos send their remittances using app-based solutions. Remittances are one of the Philippine economy’s backbone contributing an estimated…
Filipina-Dutch tech founder develops affordable remittance app for OFWs
With the aim of providing Filipinos overseas with a channel to send money to families in the Philippines, Rebecca Kersch, the Filipina tech founder and team builder brings her team…
Pouch, Strike partnership brings instant US remittance payments to PH
Pouch, a lightning service provider in the Philippines, has partnered with Strike, a digital payments platform built on Bitcoin’s Lightning Network, to facilitate fast, secure, and low-cost remittance payments from…
PERA HUB offers digital remittance platform to businesses
Banking on its years of offering remittance services and a wide network, PERA HUB is introducing a new financial solution for businesses: the Digital Remittance Platform (DRP). PERA HUB DRP…
Manage Western Union remittance with all-in-one money app, Maya
With Maya, you can claim your Western Union remittance from 200 different countries worldwide from the comforts of your home. You just have to ask the sender to cash in…
Metrobank clients can now send cash through PERA HUB
Metropolitan Bank & Trust Co. (Metrobank) has expanded its partnership with remittance company PERA HUB, allowing people to send money to Metrobank account holders nationwide. Senders can remit from P100…
NextPay partners with Ayannah to enable O2O remittances in PH
NextPay, a digital solutions platform, will be offering online-to-offline (O2O) payments leveraging Ayannah’s technology. The partnership enables small businesses to send money to their employees, suppliers, and customers through almost…
Smart Padala by PayMaya introduces new remittance service
Smart Padala by PayMaya’s Claim Anywhere service allows customers to walk in and collect funds at any of the over 40,000 Smart Padala agents across the country. With this new…
I-Pay, Western Union expands remittance services through Shopee
Fintech solutions provider I-Pay Commerce Venture Inc. (I-Pay) continues its partnership with remittance service company Wester Union by expanding its cross-border, cross-currency money movement and payments offerings using Shopee. I-Pay,…
Fintech firm Ventaja continues to innovate services for Filipinos overseas
Launched in 2004, Ventaja International Corp. (Ventaja) began operations as a PEZA-registered IT company. The company developed platforms to serve the huge demand for long-distance calls by exporting telecom prepaid…
Visa Direct enables US fund transfer through MoneyGram, PayMaya
MoneyGram International Inc., (MoneyGram), a company that offers cross-border P2P (peer to peer) payments and money transfers, partnered with PayMaya Philippines to launch a new digital capability that allows customers…