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Singapore fintech Pay2Home launches new direct services to Philippines for SSS, PhilHealth and Pag-IBIG
SINGAPORE, 30 June 2021 Singapore fintech Pay2Home, is offering more convenience to its Filipino customers with the launch of its direct contributions and bill payment services to SSS (Republic of the Philippines — Social Security System), PhilHealth and Pag-IBIG through its collaboration with Ventaja International Corporation.
The launch will provide Pay2Home customers a convenient and seamless payment channel to send money directly to these government bodies to make contributions or payments towards SSS, PhilHealth and Pag-IBIG.
Filipino customers will be able to tap on the company's full-suite of service channels, which include the Pay2Home Mobile Application, self-service Money Transfer Machines (MTMs) and outlets to utilise this new service.
“We are delighted to extend the new money transfer services to Philippines, one of our main money transfer corridors. As Pay2Home continues its journey to expand on our services to meet the changing needs of our customers, our mandate is to add value to our relationships with our customers, giving them more flexibility and convenience,” said Mr. David Hulme, Pay2Home co-founder and Director.
As part of its value-add service expansion, Pay2Home collaborated with Chubb Insurance Singapore Limited to launch a micro-insurance product in October 2020. The Priority2Protect Insurance was launched to provide Pay2Home customers with instant, easy access to personal accident insurance that provides 24-hour protection during and outside of work. A free 30-day plan with coverage for accidental death and total permanent disability is made available to all Pay2Home users when they make a remittance of at least SGD100. There is also a paid monthly plan for customers who wish to have a higher sum insured for accidental death and total permanent disability as well as additional benefits such as hospital income, medical leave allowance and ambulance plus mobility aids.
A pioneer in digital remittances within Singapore, Pay2Home bridges the gap between the FinTech world and the established payment infrastructure, producing innovative cross-border payment solutions within the supporting regulatory framework.
A homegrown financial institution, formerly invested in by the Economic Development Board of Singapore, Pay2Home has received multiple entrepreneurship and break-through business awards. It has been repeatedly ranked as a top 1,000 SME and holds financial services industry licenses in Singapore and has a regional presence.
Founded in 2001 and now with 90 employees, Pay2Home has a history of industry firsts, being the first remittance company to receive regulatory approval to operate online and the first to pioneer purpose built multilingual self-service Money Transfer Machines. Coupled with mobile and multiple points of presence it is the only full omni channel remittance operator in the country, defining it as a FinTech with a successful and proven track record.
For more information, please visit www.pay2home.com.
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