BigPay introduces international money transfers

BigPay users can now transfer money directly to bank accounts in Singapore, Thailand, Indonesia and the Philippines with no hidden fees and charges.

BigPay, an ASEAN-focused fintech company, has launched international remittance services enabling users to send money directly from Malaysia to bank accounts in Singapore, Thailand, Indonesia and the Philippines, with no hidden fees or extra charges.

BigPay is pioneering digital remittance through its mobile application, offering a seamless experience with instant money transfers. Users can deposit funds into BigPay through their bank cards or via bank transfer.

BigPay international money transfer

In line with BigPay's mission to deliver fair and transparent financial services, international remittances will be offered to customers at a fixed fee per corridor  with competitive exchange rates. This is the first wave of BigPay's international remittance rollout, with additional corridors to be announced in the near future.

"We're focused on democratising financial services in ASEAN, so it's an exciting moment for us to be able to offer Malaysians a cheaper and better alternative to remit money," said Chris Davison, CEO and Co-Founder, BigPay.

"Technology can dramatically reduce the cost of remittance and we want to make it easy for people to move money abroad - whether it is sending money to family, friends or other overseas payments - without having to pay exorbitant exchange rates and transfer fees. Approximately US$25 billion is lost globally per year through remittance fees and with BigPay we can change that. Financial inclusion is a cornerstone of BigPay and offering low-cost, accessible money transfers is part of that strategy."

BigPay is also one of the first fintechs in Malaysia to receive approval from Bank Negara Malaysia to use eKYC (electronic Know Your Customer) for remittance. This allows BigPay's customers to submit all documents electronically within the app using document identity verification and facial biometric technology to remove the need for physical, in-person verification.

COMMENTS

 
Name

#mycybersale,4,11street,23,12.12,5,500startups,1,7eleven,2,after5,1,alibaba,7,alipay,2,anniversary,3,apac,1,applecrumby,1,aspirasi,1,automobile,1,award,8,axiata,3,b2b,1,bellaammara,1,berjaya,3,best,1,bigpay,1,book,10,bookcafe,1,boost,10,boxit,1,bridzia,1,carousell,3,cashback,4,catcha,1,centralmarket,1,certification,1,china,1,cjwowshop,1,coldstorage,1,contest,1,criteo,1,crossborder,6,cybermonday,1,dahmakan,1,dftz,2,dhl,3,digi,1,duitnow,3,eastmalaysia,1,easyparcel,1,ebay,3,education,5,electricalshop,1,email,2,entrepreneur,16,escrow,1,eusahawan,1,ewallet,30,ezipod,2,facebook,3,fave,2,financing,2,fintech,2,fooddelivery,3,foodpanda,1,fpx,1,fraud,2,fundingsocieties,1,gdex,1,gemfive,1,getresponse,2,google,8,grab,2,grabfood,1,grabpay,1,grocery,6,gundam,1,hackerrank,1,happfresh,1,happyfun,1,hermo,3,ilovehome,1,indonesia,2,infographic,29,instagram,1,investment,4,ipay88,14,iprice,4,jayagrocer,1,kksupermart,3,klic,1,lamboplace,1,laundry,2,lazada,20,lazadaseller,5,lazmall,1,lelong,5,line,1,littlewhiz,1,lmall,1,logistics,14,lowyat,1,loyalty,1,luxury,1,m&a,2,malaysia,6,marketing,8,marketplace,45,mastercard,2,mataharimall,1,matrade,1,mcdonalds,1,mco,9,mdec,11,mida,1,miyumart,1,mobile,28,mol,1,molpay,6,monodigital,1,mpay,1,mrspeedy,1,mudah,1,mydin,1,myeg,1,mygroser,1,mynews,2,naiise,1,news,169,ninjavan,1,nttdata,3,omnichannel,1,one2pay,3,ookas,1,p&g,1,parcellocker,2,payment,53,paynet,2,paypal,1,petron,1,petronas,2,pherotools,1,photobook,1,pikom,2,posmalaysia,2,postco,1,prestomall,2,pricecomparison,1,programming,1,publicbank,1,puc,3,rakuma,1,rakuten,1,ramadan,4,ramshomedecor,1,raya,5,razer,3,razerpay,3,realme,1,redcargo,1,reebonz,1,revenuemonster,2,rhb,1,rhlventures,1,sallyfashion,1,samsung,1,sea,5,sea. malaysia,1,seagamermall,1,security,1,setel,1,shopback,6,shopee,22,shoppers,1,shopping,6,singlesday,9,sitec,7,sme,8,smecorp,4,snapchat,1,soukai,1,special,30,startup,6,stripe,1,sunway,1,supplycart,1,taiwan,1,telenor,1,topecm,5,touchngo,1,tradeworks,1,training,1,transferfriend,1,travel,1,twenty3,1,uitox,1,university,2,video,1,visa,1,watsons,1,waze,1,wechat,4,wechatpay,6,westernunion,1,wetix,1,yellowporter,1,youtube,2,
ltr
item
ecInsider News: BigPay introduces international money transfers
BigPay introduces international money transfers
BigPay users can now transfer money directly to bank accounts in Singapore, Thailand, Indonesia and the Philippines with no hidden fees and charges.
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjqHTCOjguA55ptyIpKnOLI3ZN1AbJRoh6T8otZq0OtPCnQGznMFultbgCpYf8j1Qh5slBYJHmE1BiJywcvoymrU_yAxRVtm3c9XKndh2q1L6gOPF2RHWABko5Yp_BngJBVr5XDNmAqvoyQ/s1600/bigpay-international-bank-transfer.jpg
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjqHTCOjguA55ptyIpKnOLI3ZN1AbJRoh6T8otZq0OtPCnQGznMFultbgCpYf8j1Qh5slBYJHmE1BiJywcvoymrU_yAxRVtm3c9XKndh2q1L6gOPF2RHWABko5Yp_BngJBVr5XDNmAqvoyQ/s72-c/bigpay-international-bank-transfer.jpg
ecInsider News
https://news.ecinsider.my/2019/09/bigpay-introduces-international-money-transfers.html
https://news.ecinsider.my/
https://news.ecinsider.my/
https://news.ecinsider.my/2019/09/bigpay-introduces-international-money-transfers.html
true
652476482556381148
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy