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Pay2Home Enters Retail Market in Hong Kong

Launches Singapore business model in new market

HONG KONG, February 2011 — Pay2Home, a premier funds transfer and payment service provider with three retail stores in Singapore, has expanded its business to Hong Kong.

The company has taken its successful retail strategy to launch its first Hong Kong store in City Garden, a busy shopping and residential district.

"We believe in being part of our clients' communities and bringing services close to their homes and workplaces," said Pay2Home Director, David Hulme. "It's about convenience for remitters making simple but regular remittances to their families."

"We intend to make a noticeable impact in the Hong Kong market, by providing a much higher level of customer service with our secure, fast and low-cost funds transfers."

The Hong Kong store opening follows Pay2Home's addition of Mainland China as a new payment destination, a popular destination for businesses.

Pay2Home's cutting edge technology platform allows the company to easily add sending countries' currencies and destinations, while eliminating the costly inefficiencies experienced by many companies that depend on multiple third-party systems that are often outdated.

Pay2Home will continue to focus on increasing both its retail presence and distribution channels in Singapore and Hong Kong, with plans to scale in other markets in the longer term. It recently launched Singapore's first online money transfer service by leveraging on its innovative technology.

The new Pay2Home remittance store is located at Unit 83A Ground Floor, Blk 13, City Garden, 233 Electric Road, North Point. Opening hours are from Monday to Sunday, from 8.30 am to 5.00 pm

Pay2Home services includes:
  • Secure, low-cost, fast and reliable payments
  • 24hour Money Transfer Machines in all branches
  • Online remittances services
  • SMS confirmation upon payment
  • Multilingual service staff
  • Generous "Pay2Home Friends" loyalty program
  • Regular promotional campaigns
  • Premier payment services for large accounts
For more information, contact:
  • Santi Pangestoe
  • Head of Retail Business
  • T: (65) 6372 2474
  • E: santi@pay2home.com