Cashsense launched remittance services in 2007 with the ultimate
aim of providing true and convenient online facilities. Even today OFWs can
only complete an immediate remittance transaction online if they use a credit
card – which in Cashsense’s opinion is expensive and non-sustainable over any
period of time.
By integrating with banking technology partners, Cashsense
has been able to provide Filipinos abroad the capability to pay-in funds to a
network of more than 20,000 bank branches (usually the pre-eminent domestic
banks in that country) in 18 countries. Additional countries are being added on
a monthly basis. Best of all, customers can simply make a domestic transfer to
Cashsense’s partner bank, online, in whichever country they are in without leaving
the comfort of their home or office.
Pay-out is normally made, in minutes, via the Cashsense VISA
ATM card which may be used in any of the 10,000 ATM’s nationwide. Transfers to bank accounts, door to door and
pick-up facilities are also readily available. The great news is, because all
transactions are technologically efficient and systemically effected in real
time, money-in-minutes is available 24/7, 365 days a year – after account
set-up which usually takes only 24-48 hours.
Remittance customers might reasonably expect to pay a
premium for a fast and consistent service. This is not the case, however, as
technological efficiencies enable Cashsense to provide a single, flat fee (take
note Western Union !) and excellent exchange
rates.
Cashsense has dedicated itself to helping OFWs manage their
family’s finances whilst they are overseas. As well as being able to deliver
cash to loved ones in minutes, the breadwinner is also able to pay utility
bills and SSS contributions online and
for free and also buy the kids the
stuff they need from hundreds and hundreds of Philippine merchants displaying
items at the Cashsense Online Shopping Mall.
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What's interesting to note is that Cashsense also has an affiliate program that allows bloggers and website owners to generate income for your participation. Learn more about its Associate Reward program on Cashsense's website.
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