Mango: Firm launches affordable, secure online remittance platform
A company duly-registered at the Securities and Exchange Commission (SEC) has rolled out a new business venture in the country.
The venture was organized by Mango Remittance C U Inc. (MRCUI), an online platform that can be used for various activities – from consumers’ daily purchases to investors’ trading in “real time” – at a lower cost while ensuring a secure transaction every time.
According to Jose Jonas M. Cochico III, MRCUI president and chief executive officer, the company’s mission is to provide efficiency to all its stakeholders.
Through the Mango, the day-to-day transactions of its clients will be efficient and cheaper as compared to other methods or entities.
“We intend to offer a more affordable and practical remittance application to our OFWs,” he said.
The MRCUI is also an IT company specializing in remittance and payment/settlement applications.
“It is a secured and efficient application that can reduce the fees per transaction,” he said. “We intend to offer a more affordable and practical remittance application to our clients.”
As part of its social responsibility, a portion of MRCUI’s fees will be set aside to provide social services to uplift the lives of poor Filipinos.
The investment will also provide job opportunities for Filipino workers as the company is planning to put up a Japanese village in the country.
At least 100 Japanese investors attended the launching of the business venture at the City of Dreams Ballroom in Parañaque City. /atm
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