Citi Offers 'Pay in Your Currency' Service in Philippines

Citi Philippines, a unit of Citigroup (NYSE:C), is working with Planet Payment to provide the currency processor's services to Citi's merchant clients in the Philippines.

Citi is offering Planet Payment's Pay in Your Currency Service, which allows travelers to pay in their home currency at the point of sale. The receipt displays the sale amount in Philippine Pesos and the customer's home currency. The receipt also lists other details, such as the exchange rate.

Citi is also offering Micros Systems' (MCRS) payment gateway to its hotel clients.

These partnerships further Citi's "commitment to provide the most convenient payment solutions to our clients in the Philippines," said Bea Tan, Credit Payment Products Head at Citi Philippines, in a press release Monday.

Citi and Planet Payment are based in New York. Micros is based in Columbia, Md.

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