I-Remit, Megaworld sign payments collection deal

Posted at 01/29/13 9:28 AM

MANILA, Philippines - I-Remit Inc. and property giant Megaworld Corp. signed a deal which allows the remittance company to collect payments from Megaworld clients overseas.

In a disclosure to the stock exchange, I-Remit said the agreement will help improve the collection efficiency of Megaworld.

I-Remit will now act as real estate payment collection and remittance agent for Megaworld for their overseas clients such as Filipino workers, immigrants and foreigners.