PalawanPay Expands Global Reach with RIA Money Transfer Partnership

(L-R): Third Librea, President and CEO of PalawanPay, Karlo M. Castro, President and CEO of Palawan Group of Companies; Stephen Peregrino, APAC Regional Director of RIA Money Transfer and Lilian Castro-Selda, Chief Financial Officer of Palawan Group of Companies during the contract signing.
(L-R): Third Librea, President and CEO of PalawanPay, Karlo M. Castro, President and CEO of Palawan Group of Companies; Stephen Peregrino, APAC Regional Director of RIA Money Transfer and Lilian Castro-Selda, Chief Financial Officer of Palawan Group of Companies during the contract signing.

Palawan Group of Companies, the leading and most trusted pawnshop and money remittance company in the Philippines, has partnered with RIA Money Transfer to provide Filipinos with a faster, more convenient, and more secure way to send money abroad.

As one of the country’s fastest-growing e-wallets, PalawanPay continues to expand its financial services by offering innovative solutions for its “sukis.”  PalawanPay, through its partnership with RIA Money Transfer, enables customers to support their loved ones overseas easily and securely, ensuring that their financial needs are met.

RIA Money Transfer, one of the world’s largest international money transfer providers, operates in over 190 countries and territories with more than 160,000 locations. This collaboration enables PalawanPay users to send money abroad anytime, anywhere, with just a few taps on the app.

The partnership offers remittance senders a host of benefits, including reliable and timely delivery of funds to recipients worldwide and competitive fees that provide excellent value through transparent and affordable pricing.

Karlo M. Castro, President and CEO of Palawan Group of Companies (center), together with RIA Money Transfer executives.

“For nearly four decades, Palawan Express Pera Padala has been a trusted partner of Filipinos, offering affordable and efficient remittance services. With PalawanPay, we bring this same reliability to our “kababayans,” enabling them to support their loved ones abroad for daily expenses, education, healthcare, and urgent needs. This partnership with RIA strengthens our mission to deliver innovative, customer-centered solutions, ”said Karlo M. Castro, President and CEO of Palawan Group of Companies.

“We are honored to collaborate with the Palawan Group of Companies. Together, we aim to help Filipinos connect with their families and businesses abroad by offering fast, secure, and efficient remittance services,” shared Stephen Peregrino, RIA APAC Regional Director.

Executives and Officers from the Palawan Group of Companies and RIA Money Transfer collaborated to deliver a more accessible, efficient, and secure way to send money abroad.

This partnership underscores the shared commitment of PalawanPay and RIA to customer satisfaction, making global remittances more accessible, efficient, and secure. It further solidifies PalawanPay’s position as a key player in the e-wallet and international remittance industry, all while staying true to Palawan Group’s promise of delivering “mura, mabilis, at walang kuskos balungos na serbisyo (affordable, fast, and hassle-free service).

Palawan Group of Companies is supervised by the Bangko Sentral ng Pilipinas.

For more information, go to Palawan Pawnshop and PalawanPay Websites.

ABOUT PALAWAN GROUP OF COMPANIES:

The Palawan Group of Companies includes products and services such as Palawan Pawnshop, Palawan Express Pera Padala, Palawan ProtekTODO, Palawan Credit, and PalawanPay. A brand trusted by Filipinos for almost four decades, PGC is one of the fastest-growing financial institutions in the country. With its strength in remittance and pawning services, the company is the market leader in the industry and has over 70,000 branches, Pera Padala outlets, and PalawanPay Money Shops nationwide.

Palawan Group of Companies offers a wide range of services, including pawning, domestic and international remittances, microinsurance, bills payment, electronic mobile phone loading, cash-in and cash-out of e-wallets, money exchange, ATM withdrawal, and cash disbursements. Additionally, the company sells jewelry and gold bars, catering to customers looking to invest in valuable assets.

Palawan Group of Companies introduced PalawanPay, an e-wallet app that allows users to send and receive remittances anytime, anywhere. PalawanPay is the company’s latest digital solution, offering faster, safer, and more convenient transactions. In addition to remittances, the app provides access to other financial services, including bills payments, mobile load top-ups, and scan-to-pay QR Ph codes. The app also features integrated functionality for pawn renewal, purchasing jewelry and gold items, ProtekTODO personal insurance, and claiming international remittances.

Palawan Group of Companies is supervised by the Bangko Sentral ng Pilipinas.

For more information, go to Palawan Pawnshop and PalawanPay Websites.

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