Thursday, 26 September 2024

Bank SinoPac enhances financial inclusion for migrant workers with ATMigrant Pay, reducing remittance time to T+0 and lowering costs

5 min read

By The Asian Banker

Bank SinoPac collaborated with fintech partners to provide inclusive financial services to migrant workers, reducing remittance time from T+2 to T+0 and lowering transaction costs. ATMigrant Pay allows workers to pay expenses by scanning a barcode at ATMs. For its comprehensive ecosystem addressing migrant workers' needs, the award for Best Financial Inclusion Initiative in Taiwan goes to Bank SinoPac’s ‘Migrant New Payment Solution’.



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