Wednesday, December 16, 2009

Philippine MMT Recognized at Asia Pacific Mobile Money Transfer Conference

The country’s mobile money technology (MMT) was recognized by the international community as the Philippines hosted the Asia Pacific Mobile Money Transfer Conference last December 8 – 9, 2009 at the EDSA Shangri-la Hotel in Ortigas, Pasig City.

Organized by Clarion Events Ltd., the conference aims to find ways on how to revolutionize the flow and management of money worldwide, giving new definitions to bills payment, management of payrolls, and person-to-person mobile money transfers.

Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. delivered the keynote address during the event. In his speech, he said that the technology of issuing electronic money was made available in the Philippines through the pioneering efforts of our country’s two largest telecommunications companies, Smart Communications, Inc., through Smart Money, and Globe Telecom, Inc., using GCash platform. Gov. Tetangco added that the country’s experience in MMT shows the benefits that can transform the lives of millions of people stemming from the convergence of ideas in service innovation.

During the two-day event, the country’s telecom and financial partners shared their experiences as pioneers in mobile money services. The event was filled with focus group and round table discussions designed to tackle the issues on MMT and device real solutions and innovations for the industry.

The Asia Pacific Mobile Money Transfer Conference is supported by Commonwealth Telecommunications Organization, GSA, International Association of Money Transfer Networks (IAMTN), Microenterprise Access to Banking Services, MicroSave, Mobey Forum, Mobile Alliance Singapore, Rural Bankers Association of the Philippines, Chemonics, Edgar, Dunn & Co., The event is sponsored by Ericsson, Obopay, SBA Technology, Roamware Inc., Comviva, Western Union, MoneyGram, TransferTo, and Sybase 365, with the following media partners: Developing Telecoms, InfoCom, Maverick China, Micro Capital, Microfinance Focus, Microfinance Insights, Mobile Payments World, Payments Cards & Mobile, Telecom Asia, TelecomWatch India, The Paypers, Wireless Asia, and Wireless Watch Japan.

For more information about the event, contact Steven Clarke, Event Director of Clarion Events Ltd. at or visit the event website at


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