Brightwell, that enables the immigrant and global workers to receive and send funds, has partnered with cross-border payment company Transpay.
The partnership will enable Brightwell customers across the world to send money to more than 15,000 cash payout locations in the Philippines.
The service is particularly aimed at helping Filipinos working in the global maritime industry.
Brightwell SVP global solutions Hal Ramakers said: “Because over one-third of the crew members that Brightwell serves are from the Philippines, the integration of Transpay into our mobile app is a great step forward in bringing even more convenient global money management to these individuals.
“Transpay shares our vision for simplifying the lives of crew members as well as our ongoing dedication to meeting the unique needs of global workers by giving them the ability to send money without borders.”
The options of transferring money for the maritime crew members, while on-board, are limited. The Philippine crew faces additional challenges to send funds as nearly 77% of the population is unbanked.
With the new service, Brightwell aims to eliminate these difficulties and offer the users additional control over their finances and money transfers.
Transpay general manager Peter Shore said: “Our mutual passion for helping crew members share their hard-earned income with loved ones while saving time and money with competitive rates and fees makes this partnership a natural fit.”