International cross-border money transfer giant Western Union has announced a partnership with leading e-wallet in the Philippines Coins.ph to make it even easier for Filipinos to send and receive remittances.

The collaboration will allow some five million Filipino customers to receive and hold international money transfers directly in their Coin.ph wallets from Western Union’s digital network in more than 60 countries, and retail network in more 200 countries and territories.

Users receive Western Union money transfers into their Coins.ph wallets by simply keying in a unique tracking number and their expected remittance amount. The maximum Coins.ph wallet holding capacity for the service is PHP 100,000 a month (about USD 1,927). In line with central bank regulations of Bangko Sentral ng Pilipinas, users must first register their Coins.ph wallet, submit valid identification, and complete Coins.ph’s Know-Your-Customer (KYC) checks.

Sending money home to the Philippines is big business for the country, so much so that remittances form a key pillar of its economy. Bangko Sentral ng Pilipinas said in February that Filipinos sent more money home last year than ever before at a whopping $28.9 billion. Money sent by the country’s more than 10 million people working abroad contributes a tenth of the nation’s GDP (growth domestic product).

“Filipinos worldwide and at home work hard and send money to help their families and to make a positive change within their own communities. Through our digital services, we are connecting more people than ever before,” Western Union Philippines director Jeffrey Navarro said.

“By pairing Coins.ph’s payments technology with Western Union’s expansive global network, we are giving Filipinos a seamless choice to receive money digitally, on the go,” said Ron Hose, Coins.ph co-founder and CEO.

As a market leader in mobile wallets in the Philippines, Coins.ph focuses on helping customers, even those without a bank account, to easily access financial services including mobile airtime, remittances, and bill payments through their mobile phone.

The Crypto Sight reported in January that Coins.ph had teamed up with Go-Pay, the payment arm of major Indonesia ride-hailing app Go-Jek, to bring wider access to basic financial services for the Filipino general public. Go-Pay is the market leader in Indonesia for digital payments, partnered by some 240,000 merchants.