Digital Wallet Group (DWG), an international IT and fintech company and operator of subsidiary Digital Wallet Corporation’s (DWC) Smiles Mobile Remittance (Smiles), Japan’s most popular mobile money transfer service, is pleased to announce a strategic partnership with Payment Source, an award-winning Canadian payment gateway provider with more than 20 years of experience, to enhance the loading experience for Smiles Canada users. This collaboration will not only provide a more seamless way for customers to load their Smiles accounts, but it will also significantly improve the financial infrastructure of remittances and help strengthen financial inclusion in Canada.
Payment Source works with large organizations such as PayPal, VISA, American Express and the Canadian government, providing advanced and secure payment-related technology. Their integration of PaySimply and e-Transfer payment services with DWG’s expertise in real-time remittances and offering high exchange rates and low fees will streamline the loading process, making it more efficient and user-friendly to send money overseas from Canada with Smiles.
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“Payment Source has a strong reputation and trust by providing national financial infrastructure, including public utility payments and tax-related services,” said Eiji Miyakawa, founder and Chief Executive Officer of DWG. “We’re very happy to partner with them to offer the best financial services to our Smiles customers in Canada, allowing them to send money to their loved ones overseas seamlessly.”
DWG’s Smiles Mobile Remittance has earned its reputation within the Filipino community in Japan as the number one mobile remittance service by providing high-tech services to enable fast, affordable and reliable international money transfers. Designed with migrants in mind, Smiles makes it easier for those with loved ones or investments back home to maintain relationships and manage payments seamlessly through an easy-to-use app.
With the added security and convenience of Payment Source users can send money with confidence, knowing their transactions are protected.
“Payment Source builds innovative solutions that empower people to pay with their own money in simple and secure ways. Embedding the ability to load funds to Smiles wallets via Interac e-Transfer is another example of this,” said Rob Hyde, Chief Executive Officer of Payment Source.
Since launching Smiles Canada in 2022 and building strong relationships with Filipino and Vietnamese customers, as well as the Philippine Embassy, Smiles is now ready to take a major step forward with this strong alliance.
This partnership addresses the critical issue of financial inclusion, ensuring that more individuals, including underserved migrant communities, have access to essential financial services. According to a 2021 report from the Financial Consumer Agency of Canada (FCAC), immigrants still lacked access to financial services and even experienced a risk of discrimination.
“This collaboration with Payment Source is a significant step forward in improving financial inclusion for migrant workers in Canada. By combining our strengths, we are empowering individuals to connect with their families back home and participate more fully in the global economy,” added Mr Miyakawa. “We’re proud to play a part in building a more inclusive financial future.”
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