PhilPost offers e-money service

The Philippine Postal Corp. (PhilPost) said it’s ready to face competition with other money transfer providers in the country, as it grows its remittances networks domestically and abroad.

Postmaster General and Chief Executive Officer Josefina de la Cruz said PhilPost has started offering e-money services in August, which is an electronic remittance system that facilitates fund transfers through an instant payout process. “You can send money in real time.

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