CORAL GABLES, Fla.–(BUSINESS WIRE)–Mar 27, 2025–
Viamericas, a leading provider of remittance and international money transfer services, has launched its open payment network in the Philippines. This strategic initiative provides an API that payors in the Philippines can connect to, providing access to faster, more affordable, and secure transfers for Filipinos receiving funds from abroad.
Financial institutions, payment service providers, and fintech companies can connect to the open payment network through Viamericas’ API. This integration option enables payors of all sizes to tap into the network’s capabilities, expanding their service offerings while maintaining full control over their customer experience.
The open payment network allows customers in the United States and Canada to send money to anyone within the network, regardless of their financial service provider. By leveraging existing payment infrastructure and combining multiple systems, the network dramatically improves accessibility and efficiency for international money transfers to the Philippines.
“This open payment network marks a transformative step in our commitment to the Filipino-American and Filipino-Canadian community,” said Paul Dwyer, Chief Executive Officer 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.”
As one of the world’s largest remittance markets, the Philippines receives billions of dollars in international transfers annually. Viamericas’ open payment network makes it easier for families in the U.S. and Canada to send money home by reducing costs, accelerating transaction speeds, and expanding service reach.
About Viamericas Corporation
Viamericas is a leading licensed money transmitter that provides international money transfers, bill payments, check processing, and top-up services at thousands of agent locations across the United States. Individuals can send money to more than 285,000 locations in 95 countries. Founded in 1999, Viamericas helps families achieve their financial goals by providing international payment services at a great value. Headquartered in Coral Gables, Florida, the company has a West Coast office in Los Angeles and operational centers in Mexico, Colombia, and the Philippines. Viamericas recently won Fintech Futures’ Paytech Award for the “Best Business Payments System – Cross-Border & Remittances” category. For more information, see https://corporate.viamericas.com.
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KEYWORD: NORTH AMERICA UNITED STATES ASIA PACIFIC SOUTHEAST ASIA PHILIPPINES FLORIDA
INDUSTRY KEYWORD: TECHNOLOGY PAYMENTS FINANCE FINTECH BANKING PROFESSIONAL SERVICES SOFTWARE DIGITAL CASH MANAGEMENT/DIGITAL ASSETS SMALL BUSINESS NETWORKS
SOURCE: Viamericas
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PUB: 03/27/2025 09:56 AM/DISC: 03/27/2025 09:55 AM
http://www.businesswire.com/news/home/20250327781731/en