US-based Filipinos can now easily pay amortisations in Philippines

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MANILA (Philippine Daily Inquirer/Asia News Network): Filipinos in the United States can now directly settle their monthly amortisations in the Philippines for free after financial technology (fintech) company BayaniPay launched a new bills payment service.

BayaniPay chief executive officer Winston Damarillo, in a briefing in Makati City on Wednesday, said there was great demand for such service given that a substantial portion of remittances go into property investments.