(L-R): Third Librea, President and CEO of PalawanPay, Karlo M. Castro, President and CEO of Palawan Group of Companies; Stephen Peregrino, A...
(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.
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