PalawanPay, a unit of the Palawan Group of Companies, announced a significant growth on its user base reaching 15 million in nearly two years of operations.
The impressive growth represents the company’s commitment to constant innovation and placing the needs of its customers at the heart of its business amid the evolving digital finance landscape.
“This underscores the growing confidence people have in PalawanPay. We have consistently aimed to cater to the needs of our customers. With the surge in digital wallets, introducing our own e-wallet app became a natural progression, enabling us to provide fast, safe and secure money transfers. We steadfastly uphold our brand promise of affordable, fast, and hassle-free service,” said PalawanPay business executive officer Third Librea.
The e-wallet app offers a comprehensive suite of services, including seamless fund transfers, efficient bills payments, quick e-loading and a reliable integrated QRPH scan-to-pay feature, catering to the growing trend of cashless transactions.
It recently added pawn renewal and claiming of international remittance in their app. These two are the most popular services in Palawan Pawnshop and Palawan Express Pera Padala, respectively.
The pawn renewal feature allows customers to conveniently renew their pawned items anytime and anywhere, providing flexibility. They can renew their contracts online or in any of over 3,300 Palawan Pawnshop branches.
The international remittance service, on the other hand, offers an accessible, fast, secure and efficient method for OFWs’ families to claim remittances from PalawanPay’s international partners or through the extensive network of over 6,000 branches and authorized agents nationwide.
PalawanPay offers more affordable cash-in and cash-out fees compared to other e-wallets while extending inclusivity to minors ages 13 to 17 as well as foreigners living in the Philippines.
It also offers the ease of being able to send money anytime anywhere to any Palawan Express Pera Padala (PEPP) branch with the send to PEPP feature of PalawanPay.