By Edielyn Mangol, Reporter Digital payments have become the heartbeat of everyday transactions in the Philippines, changing how people send, receive, and manage their money. As cashless exchanges become the norm, choosing the right transfer method has never been more important — or more complex. Two major players now dominate the scene: PESONet and InstaPay. […]
“Get paid without losing out.” This slogan encapsulates Wise’s mission: to provide international payments that maximize recipients’ funds while minimizing handling costs and ensuring transparency throughout the process, thus ensuring customer growth. This commitment has led to significant success for Wise, a global technology company renowned for its innovative solutions in international money transfers. The […]
Research commissioned by Wise, a global money transfer firm, reveals that 73% of Filipinos still use traditional platforms like domestic banks for international transactions, leading to higher fees. Additionally, only 21 per cent are aware of the “extra costs” charged to them through exchange rate mark-ups. Given the importance of remittances to the Philippines, which […]
