To further streamline financial transactions and expand accessibility for its customers, Palawan Group of Companies (Palawan), a pawning and remittance company, has partnered with TrueMoney, a provider of innovative payments and financial services in Southeast Asia.
The partnership between Palawan and TrueMoney aims to empower users of PalawanPay, an e-wallet with a user base of more than 17 million subscribers. PalawanPay users can now conduct hassle-free cash-in transactions into their e-wallets at any of TrueMoney’s 20,000 centers nationwide.
PalawanPay customers gain seamless access to a wide range of financial transactions, including money transfers, bill payments, e-load purchases, QRPH code scanning for payments and purchases, pawn renewal, and ProtekTODO microinsurance.
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“Our partnership with TrueMoney is essential in meeting the evolving needs of our sukis and our growing customer base,” said Lisa-Lou Castro Sabado, director of Cash Management Solutions of Palawan Group of Companies.
By leveraging technology and expanding its network, Palawan aims to ensure that every transaction is fast, convenient, and reliable.
“As we embrace a more “phygital” experience, TrueMoney plays a pivotal role in the financial ecosystem, bridging the gap between digital and physical touchpoints,” said Manuel Cabanero II, country managing director of TrueMoney.