Smart partners with Western Union to deliver Mobile Remittance Service

admin — Mon, 04 Feb 2008 13:26:32 +0000

[January 30, 2008/ Manila] – Leading wireless services provider Smart Communications, Inc. (SMART) and the Western Union Company (NYSE: WU) have forged an agreement to jointly develop and pilot a Mobile Money Transfer service in the country that will make low-denomination, high-frequency remittances more affordable to the country’s more than 8 million Overseas Filipino Workers (OFWs).

“This agreement is in line with Smart’s thrust to continuously develop low-cost and convenient mobile remittance channels and communications services for overseas Filipino workers,” said Napoleon Nazareno, Smart president and CEO. “We recognize the significant role they play in not only contributing to the country’s economy, but also in making sure their families’ financial and communications needs are met at the time they need them.” » read more »