Smart Communications has partnered with First Macro Bank to provide a mobile money service, Smart Money, to farmers and rural enterprises in Southern Luzon and Metro Manila. The service will allow registered users to pay bills, recharge their smart prepaid accounts, do cashless shopping online, as well as transfer money to other registered subscribers. Going forward, the bank has plans to use Smart Money to disburse commissions, loans, and salaries, along with collecting loan payments.
