Pinoys send $11 billion annually from the US back home

With global remittances reaching the new highs the Philippines remains as one of the top recipients with more than $34 billion sent by Pinoys home globally. Nearly a third, $11 billion is sent back to the Philippines annually from the US, according to the Pew Research Center. With such a staggering sum of money being transferred…

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AlipayHK and GCash launch cross-border remittance service powered by Alipay’s blockchain technology

Real-time remittance service made available between Hong Kong and the Philippines HONG KONG and MANILA, 25 June 2018 – AlipayHK and GCash today announced the launch of a cross-border remittance service through their e-wallet platforms, powered by cutting-edge blockchain technology developed by Alipay, the online payment platform operated by Ant Financial Services Group (“Ant Financial”,…

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