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Pay2Home Opens Third Retail Store in Singapore

Targets Expatriate and Migrant Community in Tampines

SINGAPORE, December 2010 — Pay2Home, a premier funds transfer and payment service provider has added a third retail store, this time in Tampines.

Pay2Home Co-founder and Director, David Hulme, explained that the company's retail strategy was built on the concept of bringing services to clients, close to their homes and workplaces.

"We believe in being part of our clients' communities so they don't have to travel into the city to make simple but regular remittances to their families," he said.

"Tampines is home to a large migrant community and situated close to the aerospace industry. Yet it is an area that does not have adequate funds transfer and payment services, until now."

The new Tampines branch will provide migrant workers, expats, small businesses, and families with students studying abroad, a flexible and low-cost way to send money to an overseas bank account.

The company also announced Mainland China as its latest destination for money transfers, a popular destination for its business clients.

"Our cutting edge technology platform allows us to easily add currencies and destinations, while eliminating the costly inefficiencies experienced by many companies that depend on multiple third-party systems that are often outdated," said Mr Hulme.

Pay2Home is focusing on increasing both its retail presence and distribution channels in Singapore, with plans to scale in other markets in the longer term.

The Pay2Home remittance outlet is located close to the Tampines MRT, shops and offices, at #01-250A Tampines Central 1, Block 510. Opening hours are from Monday to Sunday, from 10.45 am to 7:00 pm.

Pay2Home services includes:
  • Secure, low-cost, fast and reliable payments
  • 24hour Money Transfer Machines in all branches
  • Online remittances services
  • SMS confirmation upon payment
  • Multilingual service staff
  • Generous "Pay2Home Friends" loyalty program
  • Regular promotional campaigns
  • Premier payment services for large accounts
For more information, contact:
  • Santi Pangestoe
  • Head of Retail Business
  • T: (65) 6372 2474
  • E: santi@pay2home.com