Visa simplifies money transfers for OFWs, SMEs
The Philippine Star|December 12, 2024
Global payments platform Visa is strengthening its commitment to simplifying and securing digital money transfers for overseas Filipino workers (OFWs), digital workers, and small and medium enterprises (SME) owners especially this holiday season when remittances peak.
By CATHERINE TALAVERA

In a statement yesterday, Visa said it recognizes the importance of seamless money movement solutions for OFWs and supports this through a Visa card feature that enables cardholders to instantly receive funds sent from abroad.

"This offers a faster and more convenient way to send funds globally. Any customer with a Visa card issued in the Philippines can receive funds by simply providing their card number to the sender," Visa said.

It stressed that this feature, among other innovative services, underscores Visa's commitment to enhancing digital money movement for Filipinos, which transforms how they connect with the global economy.

"The ease, speed, and affordability of digital platforms are reshaping the money movement landscape, simplifying processes for OFWs, and unlocking opportunities for SMEs, outsourcing, and freelance industries. Visa's commitment to digital solutions strengthens economic support, growth, and financial inclusion driving a more resilient Philippine economy," the payments platform said.

Visa reaffirmed this commitment as the holiday season is setting in, a period when remittances from OFWs, digital workers and SME owners surge as many Filipinos abroad send extra funds to support family celebrations, year-end expenses and business investments.

Bu hikaye The Philippine Star dergisinin December 12, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye The Philippine Star dergisinin December 12, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

THE PHILIPPINE STAR DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
SOFRONIO VASQUEZ'S PASSION AND DETERMINATION LEAD TO HISTORIC 'THE VOICE USA' VICTORY
The Philippine Star

SOFRONIO VASQUEZ'S PASSION AND DETERMINATION LEAD TO HISTORIC 'THE VOICE USA' VICTORY

DREAMS DO COME TRUE. However, there's a caveat or condition for one to make it happen.

time-read
3 dak  |
December 12, 2024
OPM icons take pride in Sofronio Vasquez's big win
The Philippine Star

OPM icons take pride in Sofronio Vasquez's big win

Sofronio Vasquez became the first-ever Filipino and Asian to win the hit US talent search \"The Voice USA.\"

time-read
4 dak  |
December 12, 2024
Ricky Lee: Direk Ishmael Bernal will be happy and amused with 'Isang Himala'
The Philippine Star

Ricky Lee: Direk Ishmael Bernal will be happy and amused with 'Isang Himala'

Essaying the role of Elsa, the barrio lass who witnessed the apparition of the Virgin Mary that changed her life in director Ishmael Bernal's \"Himala\" (1982), is a huge challenge for any actress who will portray it, especially since it was originated by Nora Aunor.

time-read
3 dak  |
December 12, 2024
ATE VI AS A GATECRASHER AND HER DREAM GUEST LIST
The Philippine Star

ATE VI AS A GATECRASHER AND HER DREAM GUEST LIST

After six decades (and counting) in the biz, Vilma Santos practices quality control in the movies she puts her full emotional investment into.

time-read
3 dak  |
December 12, 2024
All the Light Rail we can see
The Philippine Star

All the Light Rail we can see

The Light Rail Transit 1 (LRT-1) Cavite Extension Project will increase the total number of LRT-1 stations from 20 to 28, covering several major cities including Quezon City, Caloocan, Manila, Pasay, and Parañaque, all the way to Bacoor, Cavite.

time-read
4 dak  |
December 12, 2024
RUPERT JACINTO'S 'FAAABULOUS XII' GALA NIGHT
The Philippine Star

RUPERT JACINTO'S 'FAAABULOUS XII' GALA NIGHT

Rupert Jacinto's \"Faaabulous XII,\" a photo exhibit, book launch and fabulousity gala night, was held recently at the Marriott Grand Ballroom.

time-read
1 min  |
December 12, 2024
Lunches with Cedie
The Philippine Star

Lunches with Cedie

It was November of 1986, and Mom and I had gotten home from an extended trip visiting relatives in the States.

time-read
6 dak  |
December 12, 2024
The Philippine Star

NGCP's P2.6-B Capas project gets ERC nod

The Energy Regulatory Commission (ERC) has given the National Grid Corp. of the Philippines (NGCP) the green light to develop a P2.59-billion transmission project in Capas, Tarlac.

time-read
1 min  |
December 12, 2024
The Philippine Star

Easing inflation, policy rates to support residential market

Softer inflation and lower policy rates would be favorable for the residential market, according to a professional services and investment management company.

time-read
2 dak  |
December 12, 2024
The Philippine Star

Visa simplifies money transfers for OFWs, SMEs

Global payments platform Visa is strengthening its commitment to simplifying and securing digital money transfers for overseas Filipino workers (OFWs), digital workers, and small and medium enterprises (SME) owners especially this holiday season when remittances peak.

time-read
3 dak  |
December 12, 2024