Pacquiao launches digital payments platform Manny Pay

The new fintech platform is regulated by the BSP.

Manny Pay announced

New financial app for Filipinos

Boxing champion and former senator Manny Pacquiao has officially launched Manny Pay, a new app that aims to offer Filipinos another payment option.

Regulated by the BSP, Manny Pay was developed by Pacquiao's 7th Pillar Integration Systems Corp. The financial app promises lower transfer fees and convenient bill payments.

According to its website, Manny Pay offers easy and secure payments for businesses, allowing them to start accepting payments via e-wallets, credit cards, online banking, and over-the-counter.

The platform was also designed to streamline personal, corporate, and government transactions, offering a highly secure, cloud-native solution for a more connected financial future.

For its transaction fees, Manny Pay has a PHP 12 fee for online banking, a PHP 15 fee for over-the-counter banking, and a PHP 18 fee for payment centers. Fees vary for credit cards and crypto payments, PHP 12 for crypto payments, a 2 percent fee for installments, a PHP 12 fee via 7-11 counters, PHP 12 for recurring payments, and PHP 12 for mass payout.

To fuel its rollout, 7th Pillar entered into a memorandum of agreement with Prime Electric Holdings Inc. The partnership will make way for the platform to be used across its distribution network.

The QR to download the app

The Manny Pay app is available for download via both the Google Play Store and the Apple App Store

What do you guys think?

Source: Manny Pay