Paymaya Philippines Inc., the online financial services arm of PLDT Inc. and Smart Communications Inc., is looking to grow its mobile remittance business by 14 percent this year—double the remittance industry average yearly growth rate of 7 percent—by adding at least 1,500 Smart Padala outlets this year.

Lawrence Ferrer, Vice President and country director of PayMaya’s domestic business segment, said at the sidelines of Smart Padala campaign launch late Wednesday that the company plans to double the growth of its mobile remittance business through Smart Padala from the 7 percent yearly growth of the local remittance industry.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details