Qwarta Padala.Com Launches Its Online Money Transfer Services for OFWs Across the World

MANDAUE CITY, Philippines - June 15, 2013 - PRLog -- Qwarta Padala.Com Launches Its Online Money Transfer Services for OFW’s Across the World

PHILIPPINES, May 12, 2013 – A midst the rising cost of international money transfer services that is weighing heavily on the OFWs' (Overseas Filipino Workers) pockets, Qwarta Padala.com launched its online money transfer services to provide them the long awaited relief.    

The Cebu based Money transfer website launched its online remittance services enabling all Overseas Filipino Workers (OFWs) in different parts of the world; particularly among countries who are members of the European Union, Iceland, and Switzerland, to send money online to the Philippines. It also accommodates OFWs’ remittances from Asian countries, like: Australia, New Zealand, Indonesia, Malaysia, and Singapore.

The new website, http://www.qwartapadala.com, is designed to cater to migrant Filipino workers’ needs to find the most convenient, effective, cost-saving, and the safest online money transfer to the Philippines wherever country they may be. To prove this intention, Qwarta Padala has set a fixed service fee of P200 pesos only every time they send money online back home regardless of the amount sent by its Users. Recipients are not required to open a local bank account for cash payout transactions. They only need to proceed to any M. Lhuillier (http://www.mlhuillier.com/) branch nearest their homes to claim these OFW remittances.

Every client’s transaction and information at Qwarta Padala website is protected with a high level of SSL data encryption, an innovative security card, and a sophisticated built-in fraud protection system which secure and protect its money transfer transactions.

According to the Remittance Prices Worldwide (RPW) (http://remittanceprices.worldbank.org/), compared to other countries all over the world, the cost of sending money to South Asia (SA), Europe and Central Asia (ECA) has remained low at 6.54 percent and 7.57 percent. However, the trend compared to the previous period has not remained positive. Both regions have seen average cost go up by approximately one-half percent. SA region from 5.99 percent to 6.54 percent, and ECA region from 6.48 to 7.57 percent. Countries in East Asia and Pacific (EAP) demonstrate higher average total costs for migrant remittances compared to the global average.

These difference is significant to an overseas Filipino worker who earns a meager average income of $150 to $500 a month. Now that classes in all levels of education will soon start by the end of summer here in the Philippines, the demand for money transfer services is expected to increase. Accordingly, the cost for this service will go even higher than what was earlier projected by the Remittance Prices Worldwide (RPW).  Qwarta Padala believes that sending money back home to the to the families of OFWs should not cost them almost an entire days work..

Qwarta Padala addresses these concerns by accommodating OFWs’ remittances at the lowest cost. Yes, their remittances will be forwarded to their families, loved ones, and friends --- with a minimal service fee of only P200 pesos.  All they have to do is visit https://www.qwartapadala.com/signup to sign up for free at www.qwarta padala.com and create an account to enjoy this benefit QP offers.  It is Qwarta Padala’s way to help overseas Filipino workers in their objectives of making their families, loved ones, and friends enjoy a more comfortable life.