Mobile Payments

Xoom’s Mobile Bill Pay Lands In The Philippines

Xoom’s mobile bill pay has made its way to the Philippines.

The PayPal company announced yesterday (Feb. 17) that its new bill payment service is available for Filipinos in the United States to pay the Smart and PLDT postpaid bills of their friends and family in the Philippines online, thanks to a new partnership between Xoom and PayMaya Philippines.

This deal enables Xoom users to save time and money by avoiding going to a physical location or remittance center to get money sent digitally. The feature also ensures the proper amount for the exact bill is being paid.

“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 Xoom CMO Julian King. “Customers looking for a fast and convenient way to pay their loved ones’ bills in the Philippines can now do it through Xoom.”

This marks the seventh country where Xoom has enabled bill payments. To use this feature, new and existing customers can use their free Xoom accounts to add any U.S. bank account, debit card or credit card. The bill payment fee is $2.99, but there is no fee on the bill accountholder 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.


Featured PYMNTS Study: 

With eyes on lowering costs to improving cash flow, 85 percent of U.S. firms plan to make real-time payments integral to their operations within three years. However, some firms still feel technical barriers stand in the way. In the January 2020 Making Real-Time Payments A Reality Study, PYMNTS surveyed more than 500 financial executives to examine what it will take to channel RTP interest into real-world adoption. Here’s what we learned.