Financial technology firm BayaniPay Inc. announced it has partnered with BDO Unibank Inc., SM Development Corp. and Ortigas Land Corp., to introduce the real estate payments service of its cross-border payments solution it calls “bills pay.” Know more:
announced it has partnered with BDO Unibank Inc., SM Development Corp. and Ortigas Land Corp., to introduce the real estate payments service of its cross-border payments solution it calls “bills pay.”
Citing data from the World Bank, Damarillo said a big chunk—as much as 60 percent—of remittances from overseas Filipinos are allotted to investments. “Our partnerships with key industry leaders enable Filipino immigrants to conveniently pay their property investments in the Philippines at zero transaction fees and with competitive exchange rates,” Damarillo said. “We are making it easier for Filipinos to reinvest back to the Philippines.”THE service offers customers the benefits of monthly auto debit and paying using an eligible funding source so they no longer have to open a separate bank account in the Philippines.
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