Smart Padala Pick Up Anywhere is something new from its 10-year old domestic remittance services by Smart.
In the improved remittance service, Filipino consumers are given more options than ever before — both for sending and receiving money via Smart Padala Pick-up Anywhere.
Lawrence Ferrer, Vice President, Smart Money
“When you’re sending money to someone who needs it, you want to ensure that they can receive it immediately and conveniently. By enhancing our Smart Padala service with Pick-up Anywhere, we are enabling millions of Filipinos to experience the benefits of financial technology when they need it most, wherever they maybe.” said Lawrence Ferrer, Vice President at Smart eMoney Inc. (SMI).
Smart Padala Pick Up Anywhere
Formerly, Smart Padala is exclusive to Smart subscribers.
Today, consumers can now send remittance to any mobile phone number — Globe, Smart, TNT, TM or Sun included. The sender should fill up transaction slip, including the recipient’s mobile number along with a service fee and proof of identification.
REQUIREMENT FROM SENDER
- Transaction slip
- Sender’s mobile number
- Receiver’s mobile number
- Proof of identifaction (Government ID or company ID)
- SMS notification of Smart Padala
- Valid ID
After the money is sent, the recipient will receive a text notification with a reference number of the Smart Padala Pick-up Anywhere transaction.
He should present this SMS to any Smart Padala Pick Up agent, present a valid ID.
As an added security, the recipient will receive a one-time verification pin that will allow him to receive his money, a new feature in online money remittance industry.
Smart Padala Branches
Previously, recipients pick up their remittances from pre-selected Smart Padala branches (centers). Today, Smart Padala has over 15,000 agents/centers. Much more than the number of Automated Teller Machines (ATM), bank brances and pawnshops in the country combined.
Smart Padala Rates
The best part of this service is the affordable rates when sending money. Smart takes only 2.5% from the amount you are sending. For example, if you are sending P1,000, you only pay P25.
Maximum amount allowed to send through Smart Padala is P10,000 per transaction.
Smart Money versus Smart Padala
These are two separate product by Smart. So that you are not confused, we explain their differences below.
Smart Money is a reloadable prepaid card powered by SMART at MasterCrad that can be used to do the following transactions — Send and receive money, Receive remittance from abroad, Bills Payment, Purchase Airtime load, Card swipe transactions, ATM Withdrawal and Online Shopping
Smart Padala is a the domestic remittance service.