Gemini innovations – ATM remittance card and your photo on real stamps

Gemini innovations – ATM remittance card and your photo on real stamps

TORONTO – Mr. Alfredo “Baby” Aquino has many reasons for feeling light and upbeat in Toronto these days.

The Chairman and President of Gemini Exchange International Inc., one of the major players in the money remittance industry in the Philippines, was in Toronto for a brief visit to take care of business, so to speak.

His company has clinched a deal with Banco de Oro to use its ATM bank card for depositing and withdrawing remittances from overseas to the Philippines. The good thing is, you can use this card with all bank machines in the Philippines. This same card can also be used to purchase merchandise from the SM chain of department stores nation wide. “SM is like Walmart in the Philippines,” said Mr. Aquino.

There are now more than 500 users of this card from Canada and still growing. All those in Canada have to do is order this card here, deposit money in the account, and their relatives in the Philippines will be provided the card and can withdraw cash from any ATM machine or purchase from SM stores right away using the card.

Another development Mr. Aquino is excited about is the exclusive privilege of having clients have their photos printed on real stamps which can actually be used to mail letters.

Imagine your family and friends receiving your letter in the mail and when they look at the stamps, your picture is there! Isn’t that a thrill? For $10, you can have ten stamps with your photo. Each stamp has P6 value. Because they come in handsome packaging, you may just display your personalized stamps on your office desk or wall. The occasion for the promotion is the recent 23rd SEA Games. These are distributed internationally.

Another feather in his cap is the just sealed joint venture with Ria Financial Services, considered a competitor of giant Western Union. Gemini Exchange will handle the Philippine market of Ria in 85 countries.

With this deal and with its Banco de Oro ATM card capability, Gemini Exchange is set to further solidify its hold on the remittance market.