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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