Palawan Group of Companies Enhances Payment Solution Services for AFPMBAI Members

“These initiatives have significantly improved payment convenience and accessibility for our members, as evidenced by the steady increase in our collection rates. From 2019 to 2023, our collections have significantly improved through direct payment accounts, demonstrating that our members find the convenience of over-the-counter payments a valuable alternative to visiting AFPMBAI branches.” ~Brigadier General Bienvenido Y Regondola Jr PA (Ret), President and CEO of AFPMBAI

From left: Missy Baldemor,Head of B2B Department Palawan Group of Companies;Third Librea, President of PalawanPay; Lisa Lou Castro-Sabado, Chief Development Officer of Palawan Group of Companies; BGen Bienvenido Regondola JR PA (Ret); MGen Nathaniel Y Casem PN (M)(Ret), Head of SOG and COO; MGeneral Henry Doyaoen PA (Ret), Head of CSG and CCSO.

The Palawan Group of Companies' Palawan Express Pera Padala (PEPP) service has expanded its partnership with the Armed Forces & Police Mutual Benefit Association, Inc. (AFPMBAI) to include digital payment solutions. AFPMBAI members can now conveniently settle their insurance and loan payments using the PalawanPay e-wallet, allowing them to manage their transactions at any time and from any location. They can also visit any of the more than 50,000 PEPP branches, authorized agents, and outlets nationwide.

The Palawan Group of Companies, through its Palawan Express Pera Padala (PEPP) service, has expanded its collaboration with the Armed Forces & Police Mutual Benefit Association, Inc. (AFPMBAI)

The AFPMBAI is a mutual benefit association that provides financial security and protection to members of the Philippine uniformed services. These include the Philippine Armed Forces, the Philippine National Police, the Bureau of Fire Protection, the Bureau of Jail Management and Penology, the Philippine Coast Guard, and the Bureau of Corrections, among others.

This new agreement strengthens the Palawan Group of Companies' existing partnership with the AFPMBAI. In May 2019, AFPMBAI members were granted access to over-the-counter payments at any Palawan Express branch nationwide. In 2021, AFPMBAI used PEPP's Disbursement Facility to speed up the processing of member loan proceeds, claims, refunds, dividends, and other benefits across its regional branches and extension offices.

Lisa Lou Castro-Sabado, Chief Development Officer of Palawan Group of Companies and BGen Bienvenido Regondola JR PA (Ret) of AFPMBAI

Representing the Palawan Group of Companies at the signing of the agreement were Chief Business Development Officer Lisa Lou Castro-Sabado, B2B Department Head Missy Baldemor, and PalawanPay Business Executive Officer Third Librea. From AFPMBAI, the signatories included Head of CSG and CCSO Major General Henry Doyaoen PA (Ret), and Head of SOG and COO Major General Nathaniel Y Casem PN (M)(Ret). 

“The expansion of Palawan Group of Companies’ partnership with AFPMBAI demonstrates our steadfast commitment to always finding ways to provide our sukis with the best financial transaction experiences.” ~Lisa Lou Castro-Sabado, Chief Business Development Officer

The Palawan Group of Companies and AFPMBAI partnership demonstrates their shared commitment to putting customers and members first, leveraging innovative technologies, and maintaining integrity and compliance with all applicable laws. Both organizations are committed to constantly improving and providing the best products and services while ensuring financial inclusivity and win-win scenarios that meet the needs of their customers and members. 

ABOUT PALAWAN GROUP OF COMPANIES: 

The Palawan Group of Companies is composed of products and services such as Palawan Pawnshop, Palawan Express Pera Padala, Palawan ProtekTODO, Palawan Credit, and PalawanPay. A brand trusted by Filipinos for 38 years, PGC  is one of the fastest-growing financial institutions in the country.  With its strength in remittance and pawning services, the company is the market leader in the industry and has over 60,000 branches, Pera Padala outlets, and PalawanPay Money Shops nationwide.

Palawan Group of Companies offers pawnbroking services, domestic and international remittances, microinsurance, bills payment, electronic mobile phone loading, cash-in of e-wallets, money exchange, ATM withdrawal, and cash disbursements. 

Palawan Group of Companies introduced PalawanPay, an e-wallet app that lets you send and receive remittances anytime, anywhere. PalawanPay app is the company’s latest digital solution for faster, safer, and easier transactions and gives users access to other financial services such as bills payment, e-cellphone load top-ups,  and scan-to-pay QRPH codes. The app now features integrated functionality for pawn renewal and claiming of international remittances.

Palawan Pawnshop, Palawan Express Pera Padala, and PalawanPay are supervised by the Bangko Sentral ng Pilipinas. For more information, go to Palawan Pawnshop and PalawanPay Websites.