Tranglo, a leading fintech specialist, has revealed an extension of its cross-border payment network. This expansion makes it possible for instant and direct transfers to over 30 ewallets, which includes ones in the Philippines.
With Tranglo’s direct-to-wallet transfers, intermediaries are unnecessary, making remittances more accessible and ensuring that the recipients have access to funds immediately.
Many rural recipients, often excluded from traditional financial institutions, can now access funds conveniently through ewallets. These digital wallets operate 24/7, accommodating users at any time, and serve as a reliable and convenient method for receiving money.
“It’s all about helping businesses create more value. The growth opportunity presented by ewallet cannot be overstated,” said Tranglo Group CEO Jacky Lee.
Its service would apply to ewallets including GCash, PayMaya, and Coins.ph.
In addition to the Philippines, Tranglo’s direct-to-wallet transfers are currently accessible in several countries, including Bangladesh, Cambodia, China, Indonesia, Nepal, Pakistan, and Vietnam. The company plans to expand its services to other countries in the future.
Tranglo Connect is a proprietary cross-border payment solution that enables financial institutions and businesses to make reliable and secure payments to over 80 countries. It integrates payout and partner services with direct API connectivity.
For more information about the company, visit http://www.tranglo.com/.
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