LONDON & MANILA, Philippines & OTTAWA, Ontario--(BUSINESS WIRE)--The world’s leading digital money transfer company, WorldRemit, was introduced recently to thousands of customers of myRemit, a Kapamilya service of The Filipino Channel (TFC).
WorldRemit was introduced to customers of myRemit in the U.S., Canada and U.K. as the latter winds down its business operations and closes shop effective June 16, 2018.
WorldRemit is one of the world’s fastest growing online money transfer providers. WorldRemit has been transferring money to the Philippines since it launched in 2010 and has a dedicated customer service centre in Cebu to help customers every step of the way.
The introduction to myRemit’s customer network supports WorldRemit’s strategic plan to serve 10 million customers connected to emerging markets by 2020. The Philippines is the largest receive market for WorldRemit.
Ismail Ahmed, founder and CEO at WorldRemit said: “We are honoured to be trusted by myRemit to offer our first-class remittance service to their customers. This will further strengthen our position in the Philippine market as a leading provider of safe, fast and lower-cost money transfers.”
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WorldRemit handles a growing share of the $600 billion remittance market. The company’s customers make more than 1.1 million transactions every month, using its app or website.
WorldRemit is changing the way people send money.
It’s easy – just open the app or visit the website.
● Transfers to most countries are instant – send money like an instant message.
● More ways to receive (mobile money, bank transfer, cash pickup).
● Available in over 50 countries and 150 destinations.
● Backed by Leapfrog as well as Accel Partners and TCV – investors in Facebook, Spotify, Netflix and Slack.
WorldRemit’s global headquarters are in London, UK with offices in the United States, Canada, South Africa, Malaysia, Singapore, the Philippines, Japan, Hong Kong, Australia and New Zealand.
WorldRemit is a service owned and operated by WorldRemit, Ltd., which is an entity separate and distinct from ABS-CBN Europe Ltd., ABS-CBN Canada Remittance, Inc. and ABS-CBN Global Remittance, Inc., which provided the myRemit A Kapamilya Service of TFC services (collectively, “ABS-CBN”) and its parent and affiliated companies. ABS-CBN may receive a portion of the fees from WorldRemit with respect to transactions of customers referred by ABS-CBN. ABS-CBN is not a party to any transaction that customers will enter with WorldRemit. ABS-CBN does not operate in any way or control WorldRemit’s service. WorldRemit is responsible for all aspects of customer’s remittance transaction including its processing, fulfilling, billing and customer service. ABS-CBN shall not be held liable for any loss, claim, suit, proceedings or damage in connection with customers’ correspondence with WorldRemit.
For questions about your remittance, please direct your questions to WorldRemit.