Introducing Pouch, the pioneer lightning payment operator in the Philippines, proudly unveiling its newest app feature: ‘Send Globally.’ This cutting-edge addition aims to revolutionize the way money transfers are conducted from the Philippines to any bank account in the United States, offering instant, cost-effective, and secure transactions.
With the ‘Send Globally’ feature, Pouch’s customers, including expats residing in the Philippines, can now effortlessly send Philippine pesos to the US. The funds will be promptly paid out as US dollars to the recipient’s American bank account, eliminating the need to visit a physical bank branch.
Ethan Rose, the visionary CEO of Pouch, expressed the company’s commitment to enhancing cross-border payments and promoting financial inclusivity. By enabling ‘Send Globally,’ Pouch ensures that its services are accessible to Filipinos from all walks of life.
This innovative offering aims to significantly improve transaction times, reducing processing from weeks to an estimated 0 to 3 days. Furthermore, the risk of payment delays caused by intermediaries is minimized, thanks to Pouch’s streamlined approach. The company is proud to present competitive rates, promising affordability and security in every transaction.
Both individual users and local businesses can take advantage of the ‘Send Globally’ feature, with the flexibility to transfer amounts ranging from a minimum of $1 up to a maximum of $1,000. Pouch plans to extend its support for transactions above this limit in the near future, catering to a broader range of financial needs.
Ethan Rose emphasizes that this collaboration marks a significant milestone in Pouch’s mission to offer seamless, cost-effective, and secure cross-border payment solutions to Filipinos. Leveraging the Bitcoin Lightning Network and the ‘Send Globally’ feature, Pouch ensures fast and economical transactions, making money transfers a hassle-free experience for its users.
Looking forward, Pouch envisions expanding its presence into more markets and leveraging strategic partnerships with international entities to enhance payment services for communities worldwide. The company remains committed to its vision of providing top-notch payment solutions to meet the needs of a global audience.
To access this exciting feature, users can update their Pouch.ph app to the latest version, available on both Google Play and the Apple Store. Experience the future of cross-border payments with Pouch and ‘Send Globally’ today!
