Peppermint Innovation has announced the launch of its international bill payments service, Bizmoto.
Bizmoto focuses on Filipino’s, living and working in Australia and allows them to directly pay a variety of bills for family and friends living in the Philippines.
Customers just log onto the website and send Australian money which will then be exchanged to the appropriate amount.
Payments are processed through ECPay, an electronic payment provider located in the Philippines.
Currently, eight major Filipino companies are available to Bizmoto customers including Globe, Cignal, Manila Water and Sky Cable.
With 230 billers in the ECPay service, Bizmoto will increase the number of available billers each month.
Since more than USD$1 billion sent to the Philippines last year, this process is sure to take off soon. Payments can also be sent to India with more countries hoping to be announced soon.
“A target marketing campaign will soon commence promoting the international bill payment and remittance services to prospective Filipino customers in Australia,” CEO Chris Kain said.