Better Remittance For The Holidays With Smart Padala

Remittance has been a big industry and necessity for us Filipinos with many of our loved ones are working abroad or on far cities which made this a necessity for families to send their to their loved ones. I am also a frequent remittance sender, and I have been into many issues with sending money. Long lines, far branches, slow processing, among some of the inconveniences that I would encounter with every time I send. 


Now that Christmas is almost here, I would get pretty busy with a lot of work, and scavenging for remittance centers are not easy, and with limited hours they add more stress with the sending activity. However, Smart Padala has introduced an improved way of remittance with the financial system/card PayMaya, a digital payments innovation for online transactions. 

Now with the enhanced Smart Padala service called PickUp Anywhere, Filipinos will find it easier and more convenient to send their love and continued support to their families.

Smart Padala PickUp Anywhere allows the easiest, safest, and most convenient way to send and receive money to and within the Philippines, regardless of their mobile network. It is secure, safe, and guaranteed to be claimed only by the nominated mobile number.

According to Lawrence Ferrer, VicePresident of Smart eMoney, Smart Padala PickUp Anywhere makes it more convenient for customers to send remittances during the holiday rush.

“With PickUp Anywhere, both the money sender and the beneficiary don’t have to commute to a far location, brave the traffic, and line up at specific centers just to send or receive money. They have thousands of Smart Padala Centers nationwide to do the transaction,” he said.

Another great thing about this service is that people can send money to their

beneficiaries regardless of mobile network. One can effectively send money via Smart Padala PickUp Anywhere to anyone with a mobile number in the Philippines.

“We want everyone, not just Smart subscribers, to enjoy the benefits and security features of this groundbreaking financial service enhancement,” said Ethel Ines, Brand Manager of Smart Padala. “Filipinos can conveniently send their Padala in time for the Christmas season,” she added.

Filipinos primarily send money to their families for basic needs. According to the National Baseline Survey on Financial Inclusion released by the Bangko Sentral ng Pilipinas (BSP) this year, 44% of Filipino adults had remittance transactions in the past six months and for those on the sending side, 91% sent to their families while 6% sent to their friends. On the other hand, for those who received remittances, 90% received from their families while 7% received from friends. Top line items for purposes of remittances receive is for food (71%), education (39%), medical expenses (28%) and emergencies (22%).

The same survey said that it takes Filipinos an average of 22 minutes to reach the nearest financial services provider. In terms of cost, the average roundtrip fare to reach a financial access point is PhP 43.

"By enhancing our Smart Padala service with PickUp Anywhere, we are enabling millions of more Filipinos to experience the benefits of financial technology when they need it the most, wherever they maybe,” Ferrer added.

Smart eMoney, Inc. is the digital financial services unit of PLDT and Smart Communications, Inc. (Smart). A global pioneer in mobile banking, mobile money and mobile wallet services with over 15 years in the industry, Smart eMoney's proprietary innovations span products and services across market segments, catering to the financiIt recently launched