BigPay, a Southeast Asian fintech company has added 38 new countries to its international remittance service: England, Northern Ireland, Scotland, and Wales in the United Kingdom, and 34 countries in Europe, including France, Germany, Italy, Belgium, and Spain.
Offering a low-cost, transparent, and accessible way of transferring money abroad through its mobile application is a cornerstone of BigPay’s financial inclusion strategy. The addition of the United Kingdom and countries in Europe under its remittance feature plays a key role in further democratising the movement of money across a brand-new region.
BigPay first launched its international remittance services in September 2019 and has experienced double digit growth despite the pandemic. Currently, BigPay enables users to send money directly with no hidden fees to bank accounts in Malaysia, Singapore, Thailand, Indonesia, the Philippines, China, Vietnam, India, Bangladesh, Nepal and Australia.
Salim Dhanani, CEO & Co-Founder of BigPay shares: “BigPay leverages technology to dramatically reduce the cost and complexity of sending money abroad for its users. We are ensuring that it is affordable, convenient and transparent for users to transfer money abroad – whether it is to send money home to loved ones, to university bills or for overseas purchases. BigPay will continue to expand the remittance feature and will soon have the ability to accept incoming transfers from anywhere in the world with the best exchange rates.
To make an international bank transfer to the United Kingdom and 34 countries in Europe via the BigPay app, senders simply need to select the amount to remit, select the country, and enter the recipient’s bank details. BigPay is currently offering free international transfers for a limited time only to Europe and the United Kingdom.
Since its inception in 2017, driving financial wellbeing and access has been a core vision and mission of BigPay. In addition to helping over 3 million users improve their financial health, the company seeks to expand its services and introduce more financial products throughout the Southeast Asian region. Most recently, BigPay launched its Cash Pickup service that allows senders to opt for their recipients to receive remittance in cash at over 14,000 pick-up locations in Indonesia and the Philippines.
To view full list of countries in Europe available under BigPay’s remittance feature, please visit this link.