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Transfast announces tie-up with Pera Hub


MASTERCARD-OWNED Transfast has partnered with local financial service provider Pera Hub to enable people abroad to send money to the Philippines.

This partnership further strengthens Transfast’s network in the country as it now offers over 23,000 payout locations nationwide.

Also, it gives Filipinos an option to receive money from any of Pera Hub’s more than 600 participating locations across the country.

According to Transfast Senior Vice President Samir Vidhate, their company is fully dedicated to offer competitive pricing, quick transfer of funds, and personalized customer engagement.

“With this strategic partnership with Pera Hub, Transfast can enable a better, more reliable and accessible way for people to receive money in the Philippines, and ensure the seamless movement of money across the globe,” he said.

Meanwhile, Petnet President Ian Ocampo expressed elation over their alliance with one of the fastest growing remittance brands in the Philippines.

“We look forward to opening our doors to new customers and extending this cash pick up service to our entire network. With a reputable remittance player such as Transfast, we are expanding our remittance services by truly becoming a ‘Pera Hub’ in the communities that we serve,” he said.

Petnet has been moving money for Filipinos for over 22 years. With more than 3,000 locations nationwide, its retail brand, Pera Hub, provides its customers with reliable financial services in one location.

Pera Hub is geared towards providing complementary products, cash, and payment-related solutions to its growing market.

International cross-border payments network provider Transfast offers nearly 300,000 cash payout points, as well as bank account and mobile wallet transfers in 100 plus markets and growing.

It has proprietary payment networks, consisting of direct integrations with over 300 banks and other financial institutions.

Transfast’s applications deliver compliance, risk management, currency conversion, liquidity management and multi-format messaging solutions to our clients, which include banks, financial institutions, and other corporations.

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