Xoom Launches New Bill Pay Service to the Philippines

-PRESS RELEASE-

SAN FRANCISCO–(BUSINESS WIRE)–Xoom is excited to announce its new Bill Pay service for Filipinos in the United States. Customers can now instantly pay the Smart and PLDT postpaid bills of their loved ones in the Philippines online through the pioneering partnership between Xoom and PayMaya Philippines (formerly Smart e-Money, Inc.).

Filipinos now have a convenient and secure way of paying their loved one’s bills back home, saving them time and money from going to a brick and mortar store or remittance center. They are also assured that payments are posted to the specified account with the correct amount.

“Xoom’s partnership with PayMaya is a real win for our Fil-Am customers by making payments for their loved ones in the Philippines easier, simpler and faster. With Bill Pay, Xoom customers can pay a PLDT or Smart bill anytime, anywhere on their computer, tablet or mobile phone in less than a minute,” said Julian King, Xoom’s Chief Marketing Officer. “Customers looking for a fast and convenient way to pay their loved ones’ bills in the Philippines can now do it through Xoom.”

New customers can create a free account on Xoom, enroll any U.S. bank account, debit card or credit card as their payment source, and begin to pay bills conveniently and securely. The fee to pay a bill is $2.99 and there is no cost to the bill account holder in the Philippines.

“One of the most challenging concerns that overseas Filipinos face is paying for the bills for their loved ones in the Philippines. This is usually a complicated process that involves sending the money from abroad to family or friends back home and making sure that the money does indeed go to the payment of bills. We’re offering a straightforward but pioneering solution that leverages our digital financial technologies,” said Lawrence Ferrer, Vice President and Department Head at PayMaya Philippines.

About Xoom

Xoom, a PayPal service, is a leading digital money transfer provider that enables consumers to send money, pay a bill or reload a cellphone for family and friends around the world in a secure, fast and cost-effective way, using their mobile phone, tablet or computer. The company is headquartered in San Francisco and can be found online at www.xoom.com.

About PayMaya

PayMaya Philippines is the pioneer and leader in mobile money and digital financial services, with over 15 years of experience innovating on products and services across market segments and catering to the financial transaction requirements of the banked and unbanked. It offers Smart Money for mobile money transactions, Smart Padala for domestic remittances and PayMaya, the mobile app for online payments, and a host of solutions under PayMaya Business, among other services. Together with Voyager Innovations, PayMaya Philippines forms the digital innovations unit of PLDT and Smart Communications, Inc. (Smart).

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