Payout Model for PHP in Remittance Systems Explained

The question in full

How robust is the payout model for PHP? is a testament to the Philippines’ status as the world’s most advanced digital remittance market. The PHP payout ecosystem is a multi-layered infrastructure that guarantees 99.9% coverage across the archipelago. By bridging traditional banking institutions with dominant e-wallets like GCash and Maya.

Answer

It depends on what you call robust. There are three available models

1. Using the PLH’s own payout partner – in which case, you would find out once the partner in question has been introduced to you.

2. Use a third party aggregator (for which a correspondent tie-up agreement would be required)

3. You bring in your own licensed provider, in which case, the robustness is on you, and you would still need to have your payout MTO in PH to have a correspondent tie-up agreement with the PLH in the US.

How robust is the Payout Model for PHP?

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