Thursday, 31 January 2008

Western Union partners with Smart, Globe on OFW remittances

Western Union Co., the global leader in money transfer services, has tied up with the country’s two largest mobile phone companies - Globe Telecoms and Smart Communications -in a bid to capture a wider market of overseas Filipinos.

Smart and Western Union have agreed to develop a mobile money transfer service in the country that will make low-denomination, high-frequency remittances to the country’s more than eight million overseas Filipino workers (OFWs).

“This agreement is in line with Smart’s thrust to continuously develop low-cost and convenient mobile remittance channels and communications services for overseas Filipino workers," Napoleon Nazareno, president of Smart, explained. [Read more]

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