Remittance
Stables to Facilitate Remittances Between Australia and The Philippines
Stables, an Australian firm specialising in digital wallet and payment solutions, has announced the introduction of international remittance services, catering primarily to the financial exchange between Australia and the Philippines. Stables’ clientele, who are spread across more than 130 countries,
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GCash Partners with E9pay to Expand Remittances for Filipinos to South Korea
E-wallet GCash has announced its expansion into South Korea through a strategic partnership with Seoul-based broker E9pay. This collaboration aims to offer overseas Filipino workers a more efficient and cost-effective way to remit funds back home, tapping into the sizable
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BSP Reports Record Highs From Overseas Remittances in the Philippines
In December 2023, personal remittances from overseas Filipinos achieved a record high in the Philippines, reaching US$3.6 billion, an increase of 3.9% from the US$3.5 billion reported in December 2022. This growth, as detailed by the Bangko Sentral ng Pilipinas
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Coins.ph and Circle to Drive Awareness of USDC-Denominated Remittances
Coins.ph, a Philippines-based cryptocurrency exchange and digital wallet provider, has partnered with Circle Internet Financial (Circle), a global fintech firm and issuer of USDC. The partnership aims to drive awareness of USDC-denominated remittances as a secure, low-cost and near-instant solution
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Remittance Continues to Play Major Role in Filipino Economy as It Hits Record Highs
Remittances play a critical role in the Filipino economy and have significant social and economic impacts on the country: they help alleviate poverty, are a driving force behind the country’s economy, and help expand the financial sector and promote financial
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Wise Users Can Now Send Up to PHP 9 Million to the Philippines
Online money transfer service Wise announced that its users can now send up to PHP 9 million (approximately US$161,000) to the Philippines. This is almost 18 times more than what they could send previously. Users can send PHP to any individual
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Pouch Partners Strike for Remittance From the U.S. to the Philippines
Filipino startup Pouch has partnered with Strike, a digital payments platform built on Bitcoin’s Lightning Network, for fast, secure, and low-cost remittance payments from the U.S. to the Philippines. Pouch is a lightning service provider which facilitates connectivity to the
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Gcash Partners Roxe to Provide Affordable Blockchain-Based Cross Border Payments
Blockchain infrastructure company Roxe announced that it has partnered with G-Xchange’s GCash to enable affordable cross-border payments. The partnership connects GCash to Roxe’s blockchain-based payment network, where users from around the world can send funds to GCash’s customers. Roxe says
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Coins.ph and OK Remit to Enable Low-Cost Remittances From Japan to the Philippines
Coins.ph, a Philippines’ digital wallet provider and crypto exchange platform, and Asian Net, a money transfer company in Japan operating under the brand name of OK Remit, have jointly launched the On-Demand Liquidity (ODL) service on RippleNet to enable instant,
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MoneyGram Launches Global Crypto-To-Cash Service in the Philippines
MoneyGram has partnered the Stellar Development Foundation (SDF) with to initiate the roll out of its crypto-to-cash service that is now available in key remittance markets, including the Philippines, Canada, the U.S., and Kenya for the first wave of users.
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