Daily Tribune (Philippines)

No-cash transactio­ns for Japan-based Filipino workers

- Joshua Lao

No-cash transactio­ns for overseas Filipino workers (OFW), particular­ly those in Japan, have been made easier with the recent partnershi­p between local lender Asia United Bank (AUB) and Japan-based financial technology (fintech) firm Digital Wallet Corp. (DWC).

AUB president Manuel Gomez said that with this partnershi­p in place, OFW in Japan can now enjoy the convenienc­e brought by digital channels in terms of remittance services among other transactio­ns.

“After the launch of WeChat Pay, Alipay and UnionPay QR payment acceptance in the Philippine­s through the AUB PayMate facility, the partnershi­p with Digital Wallet Corporatio­n is an innovative avenue to accept a mobile-centric remittance service for (OFW) in Japan,” Gomez said. According to DWC, the digital remittance service will be provided under the Smiles Mobile Remittance brand, which makes use of the latest technologi­es in the market such as artifical intelligen­ce, robotics, digital wallet and mobile money. Also, this latest service offering was dubbed as the most popular mobile remittance service in Japan and has benefitted over two million individual consumers since its inception in June 2017.

DWC founder and president Eiji Miyakawa expressed satisfacti­on and excitement with the recent venture noting on the service as the first of its kind for OFW in Japan.

“We are pleased to deliver this brandnew service, which is not just fintech as we also envision to deliver connection­s that strengthen ties with family members and friends. There is always a story behind sending money to families: various background­s, stories, wishes and gratitude involved,” Miyakawa said.

We are keen to deliver heart-warming emotions and appreciati­on together. This service springs forth from our strong motivation to offer mobile-centric remittance service for global citizens living apart from family and friends,” he added.

Moreover, DWC executive vice president Alex Milan shared the same sentiment as he noted on the so-called loyalty points, which can be earned from the service and bring added benefit to OFW in the long run.

“We are thrilled to provide a simple, first-of-its-kind mobile-centric, secured and value for money remittance service where our fellow (OFW) in Japan can benefit from their own transactio­ns by earning recurring loyalty points, which could pay for their own future transactio­ns,” Milan said.

This latest service offering was dubbed as the most popular mobile remittance service in Japan and has benefitted over two million individual consumers since its inception in June 2017.

 ??  ?? OFW in Japan can now enjoy the convenienc­e brought by digital channels in terms of remittance services.
OFW in Japan can now enjoy the convenienc­e brought by digital channels in terms of remittance services.

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