The overseas arm of telco giant PLDT Inc. has enhanced its partnership with emerging e-wallet stc Pay to provide digital and financial services to overseas Filipino workers (OFWs) in Bahrain.
PLDT Global Corp. yesterday said it has expanded its collaboration with Middle Eastern e-wallet stc Pay to simplify a number of digital and financial transactions for OFWs in Bahrain.
Through this, OFWs may now cash in directly to their Philippine e-wallets through stc Pay.
Further, the partnership allows OFWs to buy and send gift vouchers to their families and friends home. These services are powered by Vortex, the distribution platform of PLDT Global.
PLDT Global president and CEO Albert Villa-Real said the company has decided to scale up its partnership with stc Pay to bring digital convenience for OFWs in Bahrain. He said PLDT Global is working on more efforts for borderless solutions.
‘This partnership brings digital convenience to our fellow Filipinos abroad and positions PLDT Global as a trusted partner of financial technology leaders like stc Pay,’ Villa-Real said.
PLDT Global is firming up with stc Pay to deliver additional services under their partnership like content subscriptions via Pilipinas Live and mobile load top-ups.
The collaboration also seeks to provide OFWs access to Smart virtual number (SVN), a SIM-less Philippine mobile contact for overseas use.
The SVN allows OFWs to receive one-time passwords to authenticate online transactions in the Philippines. The SVN also enables users to make free calls to Hotline 1348 of the Department of Migrant Workers and 1343 of the Actionline Against Human Trafficking.
stc Pay Bahrain CEO Metin Zavrak said the partnership with PLDT Global would accelerate the expansion of the e-wallet’s subscribers. As of 2020, the Department of Foreign Affairs estimates that there are 55,790 OFWs in Bahrain.