Dubai, United Arab Emirates-Thursday 27 August 2020 [ AETOS Wire ]
Transfast,
a Mastercard company and a leading cross-border payments service
provider, announced the partnership with PERA HUB, one of the most
reputed financial service providers in the Philippines, to enable people
around the world send money to the Philippines with greater ease and
certainty.
This
partnership further strengthens Transfast’s network in the Philippines,
with Transfast now offering over 23,000 payout locations nationwide.
Also, this provides the people of Philippines an option to receive money
from any of PERA HUB’s 600+ participating locations across the country.
“Transfast is
fully committed to offering competitive pricing, fast transfer of
funds, and personalized customer engagement. With this strategic
partnership with PERA HUB, Transfast can enable a better, more reliable
and accessible way for people to receive money in the Philippines, and
ensure the seamless movement of money across the globe,” said Samir
Vidhate, SVP I MD - Transfast.
Ian Ocampo,
President – Petnet, said: “We are delighted to be a partner of choice of
one of the fastest growing remittance brands in the Philippines,
Transfast. We look forward to opening our doors to new customers and
extending this cash pick up service to our entire network. With a
reputable remittance player such as Transfast, we are expanding our
remittance services by truly becoming a “PERA HUB” in the communities
that we serve.”
About Petnet (PERA HUB)
PETNET, has
been moving money for Filipinos for over 22 years. With over 3,000
locations nationwide, PETNET’s retail brand, PERA HUB, provides its
customers with a comprehensive scope of reliable financial services in
one location. PERA HUB is geared towards providing complementary
products, cash, and payment-related solutions to its growing market.
PERA HUB signifies the brand’s competitive selling proposition of being a
cash and payment-related transaction center, by offering a variety of
transaction services in customer-friendly locations across the
Philippines.
About Transfast
Transfast is a
global cross-border payments network provider that offers nearly
300,000 cash payout points, as well as bank account and mobile wallet
transfers in 100+ markets and growing. Our proprietary payment network,
consisting of direct integrations with 300+ banks and other financial
institutions enables person-to-person, business-to-person and
business-to-business payments services to our partners via APIs, SFTP,
web and mobile and product applications. Our applications deliver
compliance, risk management, currency conversion, liquidity management
and multi-format messaging solutions to our clients, which include
banks, financial institutions, and other corporations. Transfast is owned by Mastercard.
Contacts
Rasheed Palliyalil
Watermelon Communications
Dubai, UAE
Tel: +97142833655
rasheed@watermelonme.com
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