Pomelo has partnered with Mastercard and Coastal Community Bank to provide US immigrant customers with the opportunity to use and build credit while supporting family and friends abroad.
The Pomelo Points program allows customers to earn points on every transfer to the Philippines, which can be redeemed for digital gift codes for rides, food delivery, and more through Pomelo’s collaboration with Grab. US customers earn one point for every dollar sent using a debit card and two points when using their Pomelo Mastercard. This initiative adds to Pomelo’s innovative offerings in the remittance sector, which include send-now, pay-later options, credit-building solutions, and secure bank transfer services.
Pomelo Points are now available to all customers sending money to the Philippines, with plans for expansion throughout 2025.
Eric Velasquez Frenkiel, founder and CEO of Pomelo, stated: “Today marks another industry first – we’re introducing the only points program in remittance. By combining zero-fee transfers with the ability to earn points, we’re helping customers send extra joy to their loved ones while building their financial future.”