Around 160,000 overseas Filipino workers will benefit from the service.
Rizal Commercial Banking Corporation (RCBC) has partnered with mobile app FastPay to provide more remittance options for Filipinos abroad. The service, however, will be exclusively available to migrant workers in Taiwan. ALSO READThe Most Reliable Banks in the Philippines, According to a ...
The company hopes to raise $200 million in processed payments globally this year.
BayaniPay, a financial technology startup, is looking to increase its processed payments tenfold, from $20 million in 2023 to $200 million within the year. This comes after the company secured an additional $3 million in fresh capital from investors Wavemaker Partners, PTGB, ...
No initial deposit and maintaining balance required.
Sending money to their families will soon become easier for Filipinos abroad with a new online banking service exclusively for overseas workers. The state-run Land Bank of the Philippines announced the launch of its GoBayani Savings, a digital deposit account that ...
The Philippine peso-backed stablecoin from Coins.ph will be called PHPC.
The Philippines will soon see its first-ever stablecoin after the Bangko Sentral ng Pilipinas (BSP) gave the green light to cryptocurrency exchange Coins.ph to issue the token, which will be called PHPC.Stablecoins are a type of cryptocurrency designed to ...
BayaniPay partners with BDO, SMDC and Ortigas Land on new BillsPay service.
Global payments solution platform BayaniPay Inc. has announced a partnership with BDO Unibank Inc., SM Development Corp., and Ortigas Land Corp., on Bills Pay, a new real estate payments service of its cross-border payments solution platform. The new service will make ...
A GCash for remittances, basically, with a transfer rate of only 3%, no matter the amount.
Harvard alumna Rebecca Kersch has always had a strong connection to Filipino migrant workers, having some of her own relatives working abroad. As someone who's spent time in the Philippines annually, she's come to see the country's financial inclusion ...
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