Business

Palawan Group and Altpaynet Partner to Expand International Remittance Access

Quick Read

What Readers Should Know

Palawan Group and AltPayNet have signed a partnership agreement to expand international remittance access through PalawanPay and more than 3,800 Palawan Express Pera Padala branches nationwide. Palawan for Business will support implementation across the network.

Key Takeaways

  • Palawan Group and AltPayNet formalized a partnership to strengthen international remittance services.
  • The collaboration connects AltPayNet’s international remittance capabilities with Palawan’s physical and digital channels.
  • Beneficiaries can receive funds digitally through PalawanPay.
  • Over-the-counter receiving is available through more than 3,800 Palawan Express Pera Padala branches nationwide, according to the announcement.
  • Palawan for Business will work with AltPayNet to support implementation.

The partnership connects international remittance infrastructure with PalawanPay and more than 3,800 Palawan Express Pera Padala branches nationwide.

Palawan Group of Companies has partnered with AltPayNet to expand international remittance access, giving Filipino beneficiaries options to receive funds through PalawanPay or over the counter at more than 3,800 Palawan Express Pera Padala branches nationwide.

The companies formalized the collaboration through a partnership agreement. It brings together AltPayNet’s international remittance capabilities and Palawan Group’s physical branch network and digital services.

For families receiving support from loved ones overseas, the partnership focuses on a practical need: having a choice in how they receive money for everyday expenses, education, healthcare, and other household priorities.

Connecting international transfers with local receiving options

According to the announcement, the collaboration strengthens Palawan Group’s access to the infrastructure used to facilitate international remittances.

Beneficiaries can receive funds digitally through PalawanPay or claim them at a Palawan Express Pera Padala branch. These channels accommodate customers who prefer using an app and those who rely on face-to-face transactions.

The arrangement follows Palawan Group’s approach of combining its physical locations with digital financial services.

Lisa Castro-Sabado, Chief Business Development Officer of Palawan Group, said the partnership is intended to create value for customers by improving access to financial support from overseas.

“Through our partnership with AltPayNet, we are expanding our ability to connect more Filipinos to the support of their loved ones overseas,” Castro-Sabado said.

She also emphasized the human story behind each transfer: the work and sacrifices of overseas Filipinos seeking to provide better opportunities for their families.

Bringing the partnership into Palawan’s network

Palawan for Business, led by Missy Baldemor, will work with AltPayNet to support the implementation of international remittance services across Palawan’s nationwide network.

The collaboration combines AltPayNet’s international capabilities with Palawan’s existing customer channels, rather than requiring beneficiaries to rely on a single method of receiving funds.

Don Vacal, President and CEO of AltPayNet, said the partnership expands the company’s reach through Palawan’s financial network. He linked that expansion to the companies’ shared goal of making remittance services more accessible to overseas Filipinos and their beneficiaries.

More choice for families receiving support

The partnership’s main benefit, as outlined by the companies, is flexibility: beneficiaries can choose between receiving funds through PalawanPay and collecting them at a branch.

That choice matters because families have different levels of access to digital services and different preferences when handling household money.

The announcement did not specify participating sending countries, remittance fees, transaction limits, or a detailed rollout schedule. These details will determine the options available for individual transfers.

By connecting international remittance infrastructure with physical and digital receiving channels, Palawan Group and AltPayNet aim to make financial support from abroad easier for Filipino families to access.

Reader Questions

Frequently Asked Questions

What is the Palawan Group and AltPayNet partnership about?

It aims to expand international remittance access by connecting AltPayNet’s capabilities with Palawan Group’s branch network and digital services.

How can beneficiaries receive funds under the partnership?

The announcement identifies two options: digitally through PalawanPay or over the counter at Palawan Express Pera Padala branches.

How many branches are included in the announcement?

The release identifies more than 3,800 Palawan Express Pera Padala branches nationwide as receiving locations.

Who will support implementation?

Palawan for Business, led by Missy Baldemor, will work closely with AltPayNet on implementation across Palawan’s network.

Were sending countries, fees, and transaction limits announced?

The supplied release did not specify participating sending countries, fees, transaction limits, or a detailed rollout schedule.

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