Filipinos sending money from North America to the Philippines using the Debitac remittance service will be able to initiate payments from smart-phones. This is intended to make it very simple, easy, and cost effective to remit money to family and counterparties.
Petra Financial will deliver Touchstone Mobile remittance initiation application for Debitac that will run on iPhone, iTouch and BlackBerry smart-phones.
The remitter will be able to load funds from pre-designated accounts that they have set up with Debitac and send either to a beneficiary account; or make the funds available for cash collection based upon agreements that Debitac has in place with Philippine banks.
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