Manila, Philippines – (COMMERCIAL THREAD) – Western Union, a global leader in cross-border and inter-currency money movement and payments, and Cebuana Lhuillier, the largest long-time microfinance service provider in the Philippines, today announced the launch of money transfers digital to allow customers to receive and send transfers via the Cebuana Lhuillier mobile application – eCebuana (or eCeb) with an integrated micro-savings account.
Recipients in the Philippines have the choice of directing an international Western Union money transfer directly into the eCebuana app (available for iOS and Android) 24/7, as an alternative to retail pickup. The ability to send money locally or globally will roll out early next year. This service expansion follows the recent launch of Western Union services allowing customers to send and receive money at more than 2,500 locations in Cebuana Lhuillier, Philippines.
“Facilitating convenient access for customers is of the utmost importance to Western Union,” said Jeffrey Navarro, Network Manager, Philippines, Malaysia, Brunei and Indochina, Western Union. “Through this partnership, we are offering new and innovative ways to receive and send money across the Philippines. We are delighted to expand our range of services with Cebuana Lhuillier, providing exceptional coverage and proximity, serving both online and offline while providing clients with peace of mind with reliable and regulated access to the services of money transfer.
“After the successful launch of Western Union services in our outlets, we are now excited to deploy a digital solution for convenient money transfers in the Philippines,” said Jean Henri Lhuillier, President and CEO of Cebuana Lhuillier. “Our common ambition is clear: to make it easier for customers to transfer money with reliability and ease, and for this we are continuously innovating, increasing the ways in which customers can transfer funds for cross-border money transfers and making sure that we are a step forward. in advance to meet their changing needs. This is always in line with our commitment to bring financial inclusion and financial mobility to all Filipinos. ”
Recipients can now choose to receive their remittances through the eCebuana app in just three easy steps: eCebuana users simply need to select the money receiving service; choose Western Union; and enter the MTCN. After submitting the required information and successfully entering the OTP provided by SMS, the Western Union remittance will be automatically credited to their micro savings account.
With a Micro Savings account, customers can pay cashless using their 24K debit card at any of the accredited retail stores or withdraw funds from 21,000 ATMs nationwide. They can also choose to use the funds for various in-app services, including bill payment, charge purchases, and direct payments to other Micro Savings accounts, a Cebuana Lhuillier branch, or any other account. banking.
About Western Union
The Western Union Company (NYSE: WU) is a global leader in cross-border and inter-currency money movement and payments. Western Union’s platform provides seamless cross-border flows and its main global financial network connects more than 200 countries and territories and more than 130 currencies. We connect businesses, financial institutions, governments and consumers through one of the world’s most extensive networks, accessing billions of bank accounts, millions of digital wallets and cards, and over 550,000 points of sale. Western Union connects the world to put limitless possibilities at your fingertips. For more information, visit www.westernunion.com.
About Cebuana Lhuillier
PJ Lhuillier, Inc. (PJLI) is the proud parent company of Cebuana Lhuillier, the largest microfinance service provider in the Philippines that offers pledging, remittance, microinsurance, bill payment, load electronic, business-to-business solution services, and micro savings and other banking services through their banking arm, Cebuana Lhuillier Rural Bank. For more than 30 years, Cebuana Lhuillier has continuously provided fast, easy, secure and convenient microfinance products and services to more than 30 million clients through more than 2,500 branches nationwide. The company has also extended its services to the digital space through the eCebuana app, a product of Cebuana Lhuillier Rural Bank, and a host of other financial platforms such as Cebuana From Home, ProtectNow.com and the Cebuana Lhuillier website. Jewelry.
Cebuana Lhuillier is committed to its goal of bringing financial inclusion to the majority of Filipinos and has remained at the forefront of its industry through its many product innovations and leadership in customer service. His commitment to excellence has resulted in numerous accolades and accolades here and abroad.