iRemit offers TV, phone, Internet shopping for OFWs


abs-cbnNEWS.com | 12/23/2008 4:30 PM

Listed money transfer firm iRemit Inc. has introduced a new method of shopping to provide more convenience to overseas Filipino workers (OFWs) and their families.

Called iShop, OFWs can now purchase goods via the television, phone and the Internet and send these to their families in the Philippines a day after orders are placed.

For the project, iRemit partnered with Home Shopping Network (HSN), which operates Shop TV, a 24-hour television channel. Shop TV is carried by about 150 major cable TV operators nationwide. It can also be seen over Free to Air TV channels.  

iRemit chairman Bansan Choa said HSNi agreed to accept iRemit's Shop N Pay Card--a personalized debit and ATM card in one--as a payment option.

The Shop N Pay card provides access to Visa ATMs worldwide, and can handle mobile and Internet banking transactions. It is also accepted in more than 24 million Visa-affiliated merchant establishments worldwide.

"This new initiative of iRemit brings choices, convenience, speed and reliability to our customers abroad. These are the value propositions they regard highly in shopping for Balikbayan boxes and gifts for their families and relatives back home," Choa said.

Customers from abroad may head directly to any iRemit foreign office and remit their cash payments subject to applicable service charges.

To date, iRemit has one million remitters with three million beneficiaries.

as of 12/23/2008 4:54 PM



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