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PalawanPay Money Shop, as shown in this photo of a mobile phone with the app, will give MSMEs extra revenue opportunities

PalawanPay Money Shop launches at Ultra Mega Expo 2024, gives MSMEs revenue opportunities

PalawanPay, one of the fastest-growing e-wallets in the Philippines, introduced its PalawanPay Money Shop services at the Ultra Mega Expo held at the Okada Manila earlier this month.

This initiative is designed to empower micro, small, and medium enterprises more commonly known as MSMEs, by providing local business owners with a new revenue stream.

Through the PalawanPay Money Shop, store owners can earn additional income by offering services like “cash-in, cash-out,” “bills payment,” and “mobile e-loading.” This not only boosts their earnings but also allows them to serve as convenient access points for financial services, especially in areas where banks are
less accessible.

To further engage attendees, the company brought in their brand ambassadors, Benjie Paras and his sons, Andre and Kobe Paras. They entertained the crowd with raffles, fun activities, and interactive segments while actively engaging with “sukis” at the PalawanPay Money Shop booth.

Benjie Paras and family with Palawan Group of Companies officers during the Ultra Mega Expo 2024

Benefits of becoming a PalawanPay Money Shop outlet

1) Free cash-in in any Palawan Pawnshop or Palawan Express Pera Padala branch, making it easier for stores to handle cash transactions.
2) Merchandising support with materials such as signages, flyers, and personnel shirts to help promote the business.
3) Training for Money Shop personnel to ensure they have the knowledge and skills required to provide excellent customer service and manage financial transactions efficiently.

How to become a PalawanPay Money Shop outlet

Business owners interested in opening a PalawanPay Money Shop outlet can inquire at any of the over 3,500 authorized Palawan Pawnshop – Palawan Express Pera branches nationwide, or simply tap on the “Money Shop” icon in the app.

This simple process makes it easy for local businesses to join the program and start offering valuable
financial services. Just recently, Palawan Group of Companies also became a gateway for Metrobank’s Collect Anywhere services, allowing Metrobank’s merchant billers to collect payments more efficiently.

Advancing financial inclusion with reliable services

PalawanPay offers features such as Unli-Libre cash-in (no fees for any amount) in any Palawan branch, lower cash-out rates, zero convenience fees on mobile load top-ups, and a higher wallet limit of P250,000 for verified users.

With over 3,500 branches nationwide and 24/7 dedicated customer service, thus ensuring convenience and reliability.

The expo attracted over 4,000 local wholesalers, including “sari-sari” stores and, grocery owners, showcasing how the company’s solutions create new revenue streams for small businesses.

John Paulo Llamera, PalawanPay Brand Manager

Brandcomm

“The Ultra Mega Expo was the ideal venue to demonstrate how PalawanPay brings essential financial services closer to communities. Through our money shop services, we enable local businesses to earn more while providing customers with fast, secure, and convenient transactions,” said John Paulo
Llamera, PalawanPay Brand Manager.

The company’s participation in the Ultra Mega Expo marks the beginning of a promising partnership. Together, they aim to create a win-win situation by strengthening customer loyalty, attracting new customers, and ensuring essential solutions are readily available for both PalawanPay and Ultra Mega and their customers.

For more information on becoming a money shop outlet owner, visit any Palawan Express branch or download the PalawanPay app from Google Play, Huawei Gallery, or Apple App Store.

Ralph Fajardo

Ralph, the Editor-in-Chief of FintechNewsPH.com, brings over 15 years of writing and editorial experience that make him a strong fit to lead the publication’s mission of delivering credible and compelling fintech stories. Before joining FintechNewsPH.com, he served as editor of Hello Philippines, a UK-based news magazine for the Filipino community abroad, where he covered stories on culture, business, and the global Filipino experience. He also contributed as a writer for The International Filipino, profiling Filipinos making an impact worldwide, and later worked as a copy editor for Malaya Business Insight, one of the country’s respected business newspapers, where he refined his eye for accuracy, clarity, and style. Ralph’s editorial journey began at the University of the Philippines Diliman, where he was Editor-in-Chief of Kampus Dyornal. There, he developed a keen sense for storytelling that informs and connects — a passion that continues to define his work today. Through the years, Ralph has written across diverse subjects, from finance and technology to culture and communication, consistently weaving insight with narrative depth. His solid newsroom background and commitment to quality journalism position him to guide FintechNewsPH.com in highlighting the stories that shape the country’s rapidly evolving fintech landscape. Discover more about Ralph's professional journey on his LinkedIn profile.