Transfast partners with PERA HUB to expand remittance payout network in the Philippines

Dubai, United Arab Emirates-Thursday 27 August 2020 [ AETOS Wire ]

Transfast, a Mastercard company and a leading cross-border payments service provider, announced the partnership with PERA HUB, one of the most reputed financial service providers in the Philippines, to enable people around the world send money to the Philippines with greater ease and certainty.

This partnership further strengthens Transfast’s network in the Philippines, with Transfast now offering over 23,000 payout locations nationwide. Also, this provides the people of Philippines an option to receive money from any of PERA HUB’s 600+ participating locations across the country.

“Transfast is fully committed to offering competitive pricing, fast transfer of funds, and personalized customer engagement. With this strategic partnership with PERA HUB, Transfast can enable a better, more reliable and accessible way for people to receive money in the Philippines,  and ensure the seamless movement of money across the globe,” said Samir Vidhate, SVP I MD - Transfast.

Ian Ocampo, President – Petnet, said: “We are delighted to be a partner of choice of one of the fastest growing remittance brands in the Philippines, Transfast. We look forward to opening our doors to new customers and extending this cash pick up service to our entire network. With a reputable remittance player such as Transfast, we are expanding our remittance services by truly becoming a “PERA HUB” in the communities that we serve.”


About Petnet (PERA HUB)

PETNET, has been moving money for Filipinos for over 22 years. With over 3,000 locations nationwide, PETNET’s retail brand, PERA HUB, provides its customers with a comprehensive scope of reliable financial services in one location. PERA HUB is geared towards providing complementary products, cash, and payment-related solutions to its growing market. PERA HUB signifies the brand’s competitive selling proposition of being a cash and payment-related transaction center, by offering a variety of transaction services in customer-friendly locations across the Philippines.


About Transfast

Transfast is a global cross-border payments network provider that offers nearly 300,000 cash payout points, as well as bank account and mobile wallet transfers in 100+ markets and growing. Our proprietary payment network, consisting of direct integrations with 300+ banks and other financial institutions enables person-to-person, business-to-person and business-to-business payments services to our partners via APIs, SFTP, web and mobile and product applications. Our applications deliver compliance, risk management, currency conversion, liquidity management and multi-format messaging solutions to our clients, which include banks, financial institutions, and other corporations. Transfast is owned by Mastercard.


Rasheed Palliyalil

Watermelon Communications

Dubai, UAE

Tel: +97142833655

Permalink :

Go Back


Blog Sear


There are currently no blog comments.