ABA Bank partners with Pay&Go to offer GCash remittance service
ABA Bank and Pay&Go SEA, in partnership with the Philippines G-XCHANGE Inc. (Globe GCash) launch the most affordable, convenient and secure money remittance service for Filipinos living and working in Cambodia. The launching was held in Kizuna hall, Cambodia-Japan Cooperation Center (CJCC), through the Philippines Embassy’s 2nd Multi-Agency Service Mission.
As a result of this partnership, Filipinos living and working in Cambodia can now remit money to the Philippines through the GCash platform (service), which is available in all ABA Bank Cash-in Machines and Pay&Go machines. "We are giving Filipinos in Cambodia a better choice with GCash remit – providing an alternative remittance service that's convenient, safe, secure and clearly more affordable”, said Zhiger Atchabarov, ABA Bank Head of International Relations.
Evgeny Kagay, Pay&Go SEA General Manager, commenting on the event, added “Constant monitoring of the market helped us to find out that there were two main factors for Filipinos in choosing the money remittance system – lower interest rate and 24/7 availability. GCash is a perfect response to that demand and it is available now in Cambodia!”
Currently people can send money any time of the day to the Philippines instantly through any of 30 machines installed across Phnom Penh, as well as one in Siem Reap, Battambang and Takhmao. Another 78 machines will be installed gradually in the next coming months.
GCash Remit is the most affordable (the lowest cost in the market today) system that is available for sending money 24/7. The remittance fee is only USD 6.99 per transaction of up to USD 500.00.
To avail the service, a sender in Cambodia can simply go to any ABA Bank Cash-in Machine or Pay&Go machine. For more information on the service, visit www.ababank.com. Locations of the machines are available at www.paygo24.com website.
About Pay&Go SEA:
PayGo SEA is Cambodia’s leader in outsourced payment collection with offering a reliable, convenient, safe and easy bill payment service through their machines, website and the mobile application. PayGo SEA provides a one stop payment option for your electricity bill (EDC), internet service provider, cable TV service provider, mobile top-up and other services like SABAY gaming and others.