PalawanPay's user base surges to 10 million

Palawan Pawnshop Group's e-wallet PalawanPay saw its user base grow to 10 million, just one year after launching in the market.

PalawanPay logo

PalawanPay aims to attract more users

In a statement, the company said this makes PalawanPay "one of the fastest-growing" mobile wallet apps in the Philippines. It is also the second most downloaded e-wallet app in the Google Play store and the 10th in the Apple Store.

PalawanPay's services include its sending money feature, which allows customers to transfer funds and cash out from any of the group’s 10,000 branches and agents of Palawan Express Pera Padala.

PalawanPay now has 10M users

The firm also said that compared to the PHP 25 bank transfer fee being charged by its main rivals, PalawanPay only gets PHP 10 transfer fee.

It also has a scan-to-pay option as PalawanPay teamed up with establishments, including restaurants, shops, transportation facilities, cinemas, hotels, hospitals, clinics, and even sari-sari stores.

Aside from these, PalawanPay also has over 600 billers and more than 370 load variants to choose from.

PalawanPay is continuously innovating and adding new features and services to the app to better serve its growing number of sukis. Customers can expect more exciting and useful features in the app as PalawanPay continues to improve and expand its services, said Third Librea, Business Executive Officer from Palawan Pawnshop Group.

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