Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 275

Posts Tagged ‘emq’

EMQ Partners with Kotak Mahindra Bank to Boost International Remittances into India

Posted by fidest press agency su venerdì, 13 aprile 2018

EMQ, a fintech innovator with an extensive financial settlement network in Asia today announced a strategic partnership with Kotak Mahindra Bank (Kotak) to expand EMQ’s network footprint in India. This partnership will aid in meeting the growing demand for instant remittances to the country from over 16 million Indians residing abroad.Max Liu, Co-founder and CEO of EMQ said, “India is one of the most important strategic growth markets for EMQ as it is the largest recipient of remittances in the world with US$65 billion currency flow into the country in 2017, according to the World Bank. Our partnership enables us to provide more accessible and affordable financial services to the millions of Indians based overseas and their families across India.”Virat Diwanji, Sr. EVP & Head – Branch Banking & Acquisitions, Kotak Mahindra Bank said, “Remittances play a vital role in contributing to India’s economic growth and there is a great demand among our customers for international remittances. Our partnership with EMQ will complement our offerings and further strengthen our capabilities in serving our customers on cross-border payments across EMQ’s extensive financial settlement network.”“At EMQ, we strive to launch services that add value to our customers with greater flexibility and cost savings. But most importantly, we want to ensure that the people of India who rely on remittances from their loved ones overseas will receive their money fast and securely,” Liu added.
EMQ currently has a footprint in Hong Kong, Indonesia, Vietnam and the Philippines, with plans underway to expand across the fastest growing trade corridors and economic zones, spanning Asia, Europe, North America and the Middle East. The company received its Money Service Operator license from the Hong Kong Customs and Excise Department in September 2014 and its Fund Transfer Operator license from Bank Indonesia in March 2017.

Posted in Estero/world news | Contrassegnato da tag: , , | Leave a Comment »

EMQ and GCash Partner to Boost Remittance Services across The Philippines

Posted by fidest press agency su lunedì, 11 settembre 2017

EMQ and Globe Telecom’s mobile commerce subsidiary G-Xchange Inc., today announced a partnership that would further expand EMQ’s reach in the Philippines through GCash, offering overseas workers greater flexibility and convenience.“Remittances provide a lifeline for millions of households and drive financial inclusion in the developing countries such as the Philippines, currently the third largest recipient of remittances according to the World Bank,” said Max Liu, Co-founder and CEO of EMQ. “Our expansion with GCash complements our existing capabilities in the Philippines, while offering the best possible choices and flexibility for the overseas workers to send money home effortlessly within minutes.”With the partnership, EMQ users can now send money to users with GCash accounts, where the recipients can pay bills and make online purchases, buy load or cash out at over 7,000 GCash payment outlets across the Philippines.“We always strive to create the highest customer value with our innovative solutions and EMQ shares our passion,” said Albert Tinio, CEO of G-Xchange, Inc. “Our strategic partnership with EMQ would further boost mobile wallets usage and accelerate local economic growth. But most importantly, we want to ensure that Filipinos who rely on remittances from their loved ones overseas will receive their money fast and securely without any hassle.” EMQ currently has footprint in Hong Kong, Taiwan, Indonesia, Vietnam and the Philippines, with plans underway to expand across other key business markets first in Asia and then globally, covering North America, Europe and the Middle East. GCash international partners has over 1,000,000 outlets worldwide with over 7,000+ GCash Partner Outlets across the Philippines.

Posted in Estero/world news | Contrassegnato da tag: , , | Leave a Comment »