We are excited to partner with Ayannah, the Philippines’ leading and award-winning digital payment service provider, to provide real-time remittance to the Philippines via cash, bank accounts or e-wallet.
OKLink’s settlement platform currently allows transfer companies worldwide to send money to the Philippines for only 0.5%, a rate that is significantly lower than incumbents. The partnership allows all 100+ companies on the OKLink network to make transactions within the same day to bank accounts; within 4 hours to cash pick-up locations across the Philippines; and real-time to mobile wallets via Ayannah’s mobile payment partner.
Founded in 2008, Ayannah operates the largest digital payment network in the Philippines, offering a host of digital financial services that focus on serving the needs of the unbanked. The company won this years’ Best Fintech Start Up at Visa and NextMoney’s Fintech Finals (FF17) in Hong Kong. Ayannah has served over 10 million customers through its physical agents and online presence. The company serviced US$150 million in remittances in 2016.
Miguel (Mikko) Perez, founder and CEO of Ayannah, comments on the partnership, “Ayannah provides affordable and accessible digital financial services to the emerging middle class. As the largest digital payment network in the Philippines, we are very pleased to partner with OKLink, the world’s leading blockchain settlement system to provide our customers all over the world with more affordable and convenient options to send money to the Philippines.”
Jason Lau, Vice President of Business Development at OKLink, said, “We are thrilled to work with Mikko and the entire Ayannah team on this partnership. We continue to pursue low cost instant transfers to every country in every payout form.”