Send Money Instantly, Securely, and Affordably to the Philippines

• Strike has launched its “Send Globally” product to the Philippines, which enables fast and secure money transfers between the US and the Philippines.
• The Philippines is one of the world’s largest remittance markets and benefits from over $35 billion in money sent from abroad each year, with $12 billion coming from the U.S. alone.
• Strike uses the Lightning Network to make digital payments faster, cheaper, and more accessible for people globally.

Strike Launches „Send Globally“ to Philippines

Strike, the world’s leading digital payments platform built on Bitcoin’s Lightning Network, today announced the expansion of its „Send Globally“ product to the Philippines.

Revolutionizing Cross-Border Payments

Send Globally now enables fast, secure, and low-cost money transfers between the U.S. and the Philippines, revolutionizing traditional cross-border payment services.

Philippines One of Largest Remittance Markets

The Philippines is one of the world’s largest remittance markets and its people and economy rely on more than $35 billion annually in money sent from abroad, including more than $12 billion from the U.S. alone.

Using Lightning Network for Digital Payments

Strike has partnered with in order to enable transfers from U.S dollars that are received as Philippine pesos in a recipient’s bank or mobile money account in the Philippines.

Empowering Fast & Low-Cost Cross-Border Payments

With Send Globally, dollars are converted into bitcoin which is sent via Lightning Network to a third-party partner operating in recipient’s country who then converts bitcoin into local currency which is sent directly to recipient’s bank or mobile money account.