The Palawan Group of Companies has partnered with fintech firm GCash to roll out Cash In and Cash Out services across more than 3,500 Palawan Express Pera Padala (PEPP) branches nationwide.
Through the partnership, customers can convert their digital money into physical cash at Palawan Pawnshop branches for a minimal fee. The initiative aims to improve access to financial services, particularly in underserved and remote communities.
“This milestone partnership brings together two companies with a shared purpose: to empower every Filipino through accessible and reliable financial solutions,” said Lisa Castro-Sabado, chief business development officer of the Palawan Group.
While digital payment adoption continues to grow, cash remains the preferred option for many Filipinos, especially in rural areas. By offering cash in and cash out services through PEPP outlets, GCash and the Palawan Group hope to make financial transactions more convenient for users who rely on cash for daily needs.
“This partnership makes it simple for our users to convert digital money into physical cash,” said Jong Layug, head of GCash for Business. “The Palawan Group’s extensive branch network enables us to serve even more Filipinos.”
As part of their partnership, the Palawan Group of Companies is also working with GCash to bring its insurance products into the GInsure platform. This move will expand the range of insurance products available to GCash users, further supporting financial inclusion.
The launch of these services coincides with the Palawan Group’s 40th anniversary, highlighting its continued focus on providing accessible financial solutions to Filipinos nationwide.