OAKLAND, Calif. – August 7, 2006– remithome Corporation, the leading online service focused solely on U.S.-Philippine remittances, today announces a partnership with Yehey!, the leading Filipino Internet lifestyle portal. The partnership allows users to access remithome’s online remittance service directly through the Yehey! Web site. remithome provides a secure, convenient and reliable way for the Filipino-American community to send money from the U.S. to the Philippines via the Internet.
“remithome is pleased to be working with Yehey! to help the Filipino community maintain closer connections to family, news and culture back home,” said Antonio Dennis Reis, CEO and co-founder of remithome. “Now Filipinos can use Yehey! to send money through remithome’s highly-secure platform, get news about their hometown, buy Filipino products and check email all in one place. Both remithome and Yehey! want to provide our customers more convenience and closer ties to their community.”
remithome’s service offers advanced features, many of them available nowhere else. For example, users can schedule transactions for future dates, send money to multiple recipients in a single transaction, and send money automatically on a pre-determined schedule. These features help customers plan and manage their regular remittances. Unlike most online money transfer services that charge based on the amount sent, remithome offers a flat fee of $10 for Philippine Peso remittances funded from a U.S. bank account. There are no additional charges for either the sender or the recipient. The fee is even lower for those who use the service regularly.
With remithome’s remittance service, senders can choose to have money deposited directly into any commercial or savings bank account in the Philippines or delivered directly to the recipient’s door for no extra fee. Senders can even send a free SMS text message from the remithome system to inform recipients that money is on the way.
Yehey! built a significant market share of Filipino Internet users by catering to Filipino tastes and needs. Unlike its larger competitors, Yehey! focuses strictly on the Filipino market, making it a logical partner for remithome.
“We chose to partner with remithome because they truly understand the Filipino community and offer Yehey! customers outstanding value and service,” said Donald Lim, president and CEO of Yehey! “remithome’s approach is synergistic with Yehey’s philosophy – to introduce a ‘change in lifestyle’ – by offering a far superior online alternative to the usual offline way of doing things, in this case, sending money.”
About remithome
remithome is the leading online money transfer provider focused solely on U.S. to Philippine remittances. The Company has enjoyed top ratings for its service since its inception, and has partnered with established U.S. and Philippine banks to ensure secure, reliable delivery of funds. For more information about the service, visit www.remithome.com.
About Yehey!
YEHEY! (www.yehey.com) is a highly specific, comprehensive, one-stop Web portal that caters to the information and communication needs of Filipinos online by providing the widest selection of Philippine based topics and interests. Starting with just three computers and cardboard boxes doubling as chairs, the company has evolved into a seasoned industry player that offers Filipino Internet users world class internet experience. The portal generates over 30 million page views a month and boasts of over 280,000 registered users.
For further information about remithome, visit www.remithome.com or send an email to info@remithome.com.