For millions of Filipinos working hard on foreign soil in order to provide for their families back home, remittance centers have served as their reliable partners in securing their loved ones’ futures. With fintech solutions becoming more mainstream, traditional remittance centers now need to keep up with changing times—a need that Pera Hub aims to fulfill with the right set of tech tools.
Through its recently announced partnership with Brankas, a leading open application program interface (API) technology provider, Pera Hub has launched Southeast Asia’s first API developer and digital remittance platform, Pera Hub Conex. Through this solution, developers can easily connect with Pera Hub’s APIs to access a global network of remittance partners, banks, e-wallets, foreign exchange, digital and over-the-counter partners.
“We’re very excited to provide remittance brands with safe and scalable solutions,” says Ian Ocampo, president and CEO of Pera Hub. “At the core of this partnership is our desire to empower customers to send and receive remittances in the most convenient way possible.”
Through Pera Hub Conex, budding fintech businesses can easily offer services such as international and domestic remittances; over-the-counter sending and pickup from more than 3,000 locations in the Philippines; sending remittances for direct credit to bank account or e-wallet; account validation and KYC; instant bill payments; and digital micro-insurance.
These services are backed by Brankas’ world-class Open Finance system, which will help unlock new digital remittance channels for Filipinos at home and abroad. With just a few lines of code, Pera Hub Conex partners can easily access the Pera Hub network in a modern and secure environment. According to Brankas CEO Todd Schweitzer, their vision is simple: To make modern financial services available to everyone.
“We are committed to driving Open Finance adoption in the Philippines and Southeast Asia,” adds Schweitzer.
“By partnering with Pera Hub, we can help millions of Filipinos to safely and affordably access digital financial services in new ways. We also hope to empower a new generation of fintech startups to build new products to serve Filipinos around the world.”
