BigPay has a new remittance solution to send money to unbanked communities in Indonesia and the Philippines. BigPay’s Cash Pickup allows recipients to receive cash at over 14,000 pickup points.
, a fintech company under Capital A, has launched a new remittances offering which allows its users to send money to a recipient in Indonesia and the Philippines who don’t have a bank account. Instead, the recipient can receive the money in cash at a participating physical partner of their choice.
BigPay CEO and Co-Founder Salim Dhanani said “At BigPay, we believe in a financially borderless world where everyone has equitable access to the products they need. As we expand our remittance pillar within BigPay, Cash Pickup services are a natural fit to further our mission. Our users across the region can now send money in a few clicks to almost anywhere in the Philippines and across Indonesia – and this opens up the product to many more people.
You’ll have to share the Cash Pickup transaction details with your recipient which includes the payout code and payout pin. According to BigPay, recipients in Indonesia can receive the cash within 5 minutes and it will take up to 15 minutes in the Philippines.
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