MANILA, Philippines — E-wallet giant GCash has rolled out a new feature enabling users to send money to international bank accounts, benefitting Filipinos who have to remit money abroad to suppliers ...
In 2026, that environment is experiencing a shift. A new 1% federal excise tax on certain remittance transfers took effect.
After Maura Fonseca moved to Houston from Mexico in 2011, she often waited hours in line at Western Union to send money to ...