ATLANTA, GA (Oct. 1, 2018) -- Brightwell Payments, Inc., a FinTech company that helps global workers get paid as well as send and spend money safely and easily worldwide, today announced a partnership with Transpay, the cross-border payment company. Brightwell users around the world can now send money cross-border to over 15,000 cash payout locations in the Philippines, from anywhere and at any time via the Brightwell Navigator mobile app, making Brightwell the choice for global money transfer across the maritime industry and 190 countries worldwide.
"Because over one-third of the crew members that Brightwell serves are from the Philippines, the integration of Transpay into our mobile app is a great step forward in bringing even more convenient global money management to these individuals," said Hal Ramakers, SVP Global Solutions at Brightwell. "Transpay shares our vision for simplifying the lives of crew members as well as our ongoing dedication to meeting the unique needs of global workers by giving them the ability to send money without borders."
Hundreds of thousands of people leave their homes to work in the cruise industry because it provides income and career opportunities that would be otherwise unavailable to them. For crew members, access to an easy and cost-effective way to send money home directly from a mobile device is more than convenient, it's life changing. Without it, transferring money with poor connectivity onboard is costly and time-consuming, especially when sending money to countries such as the Philippines where cash is the preferred currency and 77 percent of the population is unbanked. Integrating Transpay into the Brightwell mobile app enables crew members to have greater control of their finances and the ability to easily transfer money for cash payout.
"Our mutual passion with Brightwell for helping crew members share their hard-earned income with loved ones while saving time and money with competitive rates and fees makes this partnership a natural fit," said Peter Shore, General Manager of Transpay. "Brightwell's technology innovation, cultural commitment to the global worker and years of experience make them an ideal partner for us. We're thrilled to be able to provide Transpay's payout service to those working in the cruise industry as a quick and seamless way to send funds back home."
Transpay is a service from WyndPay, a leading global payments company with 30 years of operating history and processing $7 billion USD in annual payment volumes. Transpay provides businesses of all sizes with a scalable, secure, and fully compliant cross-border mass payout solution, making it easy to send funds directly to the local bank accounts of vendors, business partners, freelancers or others on a global scale. To learn more, visit www.transpay.com.
Brightwell is a FinTech company that helps global workers get paid as well as send and spend money safely and easily worldwide. Driven by a mission to create products that serve the financial needs of crews, Brightwell helps global workers safely manage their money. Brightwell's cutting-edge products reduce costs, improve security and streamline cash management while its easy-to-use mobile app, prepaid card and integrated global transfer services comprise a powerful suite of secure financial management tools that empower global workers. For more information, visit www.brightwell.com.
The OceanPay Visa Prepaid Card is issued by The Bancorp Bank pursuant to a license from Visa U.S.A. Inc. and can be used everywhere Visa debit cards are accepted. The Bancorp Bank; Member FDIC.
Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.
The OceanPay Prepaid Mastercard is issued by Transact Payments Limited pursuant to license by Mastercard International. Transact Payments Limited is authorized and regulated by the Gibraltar Financial Services Commission.