PalawanPay launched its PalawanPay Money Shop services at the Ultra Mega Expo 2024, held on 04 to 05 October 2024 at Okada Manila. The new Money Shop initiative aims to support micro, small, and medium enterprises (MSMEs) by providing business owners with a lucrative revenue stream. Through this service, store owners can earn additional income by facilitating cash-in and cash-out transactions, bill payments, and mobile e-loading. This model not only increases store revenue but also transforms these establishments into accessible financial service points for communities, particularly in underserved areas with limited banking access.
At the event, PalawanPay heightened engagement by featuring its celebrity brand ambassadors—Benjie Paras and his sons, Andre and Kobe Paras — who interacted with attendees through lively activities, raffles, and “suki” meet-and-greets at the PalawanPay booth. The event attracted over 4,000 local wholesalers, including sari-sari store and grocery owners, eager to explore new income avenues.
Benefits for PalawanPay Money Shop Partners
The PalawanPay Money Shop provides MSMEs with substantial benefits:
- Free Cash-In Services: Store owners can offer free cash-in transactions at any Palawan Pawnshop or Palawan Express Pera Padala branch, easing cash management.
- Merchandising Support: Each Money Shop receives promotional materials like signage, flyers, and branded shirts to boost visibility.
- Comprehensive Training: Personnel are trained to ensure they deliver high-quality customer service and handle financial transactions with confidence.
How to Become a Money Shop Outlet
Interested business owners can sign up to become a PalawanPay Money Shop by visiting any of the over 3,500 Palawan Pawnshop – Palawan Express Pera branches nationwide or by selecting the “Money Shop” option in the PalawanPay app. This streamlined process enables small businesses to quickly integrate financial services into their offerings, enhancing their value to customers.
PalawanPay provides a suite of customer-friendly features, including “Unli-Libre” cash-in with no fees, low cash-out rates, zero convenience fees on mobile top-ups, and a wallet limit of up to PHP250,000 for verified users. With a nationwide network of over 3,500 branches and 24/7 customer support, PalawanPay offers a reliable platform for financial transactions.
“The Ultra Mega Expo was the ideal venue to demonstrate how PalawanPay brings essential financial services closer to communities. Through our PalawanPay Money Shop services, we enable local businesses to earn more while providing customers with fast, secure, and convenient transactions,” according to John Paulo Llamera, PalawanPay’s Brand Manager.
PalawanPay’s participation in the Ultra Mega Expo highlights a promising partnership aimed at enhancing customer loyalty, drawing in new clients, and delivering essential financial services to communities. For more information on becoming a PalawanPay Money Shop outlet, interested parties can visit Palawan Express branches or download the PalawanPay app from Google Play, Huawei Gallery, or the Apple App Store.