TrueMoney Philippines reached its one millionth transacting customer mark.
TrueMoney is a Fintech brand of Ascend Money, a digital finance venture of the C.P. Group from Thailand, and Ant Financial (Alipay), the payments arm of e-commerce giant Alibaba Group.
“Our mission is to provide everyone with access to affordable and innovative financial services, particularly those who are underbanked and underserved today,” says TrueMoney Philippines CEO Xavier Marzan. “That means being pervasive and going to where these underserved segments are.”
Today, TrueMoney Philippines already provides services such as payment of e-commerce purchases, bills payment, buying of load and credits, and remittance to multiple provinces nationwide, including far flung areas in Albay, Bataan, Benguet, Bohol, Bukidnon, Cagayan de Oro, Camarines Sur, Cavite, Cebu, Davao, Ilocos, Isabela, Laguna, La Union, Metro Manila, Misamis Oriental, Nueva Ecija, Nueva Vizcaya, Pampanga, Pangasinan, Quezon, Rizal, Tarlac, and Zambales.
TrueMoney also introduced its Money Padala (remittance) service a few months ago. For TrueMoney’s Partner Agents, this meant a more diversified portfolio of services and a potential of earning higher income. For its customers, it meant convenience and affordability.
While the average rates for domestic remittances today range from three percent to more than 10 percent for some providers, TrueMoney rates go as low as only two percent of the transaction amount.
To know more about TrueMoney and how to become a TrueMoney partner agent, visit www.truemoney.com.ph or call (02) 7189999. Otherwise, text 09778063775 (Globe) or 0998565999 (Smart).
