Smart Communications has forged more alliances in mobile money transfers or remittances for overseas Filipinos sending money to beneficiaries in the Philippines.

Manila, Philippines -  Smart Communications has forged more alliances in mobile money transfers orremittances for overseas Filipinos sending money to beneficiaries in the Philippines.

The latest tie-up by the country’s leading mobile phone company is with mHITs, a pioneering developer and operator of mobile payment services in Australia.

 The SMS (text messaging) mobile wallet service of mHITs expands the low cost international mobile remittance corridor to include Smart Money in the Philippines. This means that users of mHITs’ remit mobile remittance service will now be able to send money to over 50 million Smart mobile subscribers in the Philippines.

It allows users in Australia to send money safely and conveniently to partner mobile wallet operators in other countries, such as Smart, simply by sending an SMS. 

The arrangement between Smart and mHITs allows for instantaneous, transfer of funds directly to a recipients mobile wallet account without requiring a transfer agent or bank.