Philippines’ financial services center PERA HUB has joined forces with Brankas, an Indonesian open API technology provider, to launch a digital remittance platform, PERA HUB Conex.
The platform serves foreign and local remittance companies, fintech partners, banks, e-wallets, brick-and-mortar retailers, and any other business looking to offer their customers digital remittance services.
As PERA HUB’s technology partner, Brankas is implementing its Open Finance system to unlock new digital remittance channels for Filipinos at home and abroad.
Brankas provides a secure API developer portal that enables partners to access the PERA HUB network.
The platform will offer services that include international and domestic remittances, sending remittances for direct credit to bank account or e-wallet, account validation and KYC, digital micro-insurance as well as instant bill payments.
PERA HUB said that these services are available at more than 3000 locations in the Philippines.
