Viamericas, a leading provider of remittance and international money transfer services, has announced the launch of its open payment network in the Philippines. This strategic initiative introduces an API-driven solution that enables financial institutions, payment service providers, and FinTech companies to facilitate faster, more cost-effective, and secure cross-border transactions.
By integrating with Viamericas’ open API, businesses of all sizes can seamlessly expand their remittance services while maintaining full control over their customer experience. The network ensures that individuals in the United States and Canada can send money to the Philippines efficiently, regardless of their recipient’s financial service provider.
Viamericas’ open payment network leverages existing financial infrastructure and multiple payment systems to enhance accessibility and efficiency in international remittances. The platform is designed to reduce transaction costs, improve processing speeds, and broaden the reach of money transfer services.
“This open payment network marks a transformative step in our commitment to the Filipino American and Filipino Canadian communities,” said Paul Dwyer, CEO and Co-Founder of Viamericas. “We have created an ecosystem where money can move freely and securely across borders, reaching recipients through their preferred financial channels.”
The Philippines remains one of the largest remittance recipients globally, with billions of dollars sent annually from overseas workers. Viamericas’ expansion into the market aims to simplify and modernize the money transfer process, ensuring families can access funds quickly, safely, and affordably.