Manny Pacquiao to Launch Digital Payment Platform PacPayby Fintech News Philippines September 11, 2020
Pac Technologies, co-founded by boxing world champion Senator Manny Pacquiao, aims to launch PacPay, a digital payment platform this year.
The company will be collaborating with Remsea, a fintech remittance firm licensed by the Monetary Authority of Singapore for the initiative.
The platform is meant for global influencers, brands and fans, providing users with what is said to be faster and safer cross-border prepaid solutions to make payments conveniently.
Via PacPay’s rewards programme, users can connect with their favourite influencers or brands, participate in exclusive private events and enjoy what it claims to be ‘money-cannot-buy’ privileges and experiences.
“My fans have supported me over the past decades since I started my career as a boxer. I certainly hope to have more opportunities to engage with them. Through the unique card programme, my followers will be incentivised with exclusive rewards including complimentary tickets, limited edition autographed merchandises and attractive discounts by merchants around the world,”
says Sen. Pacquiao.
Despite the economic downturn caused by the COVID-19 pandemic, Pac Technologies pushed for the completion of PacPay, gearing up to meet its goal to launch the digital payment platform in the last quarter of the year.
“The global landscape of payments is witnessing unprecedented growth. This is an incredible opportunity for us to enter the regional market. We are excited to work with Remsea to add value and enhance our product range by offering prepaid debit cards to the global fans of Sen. Pacquiao,”
says Sean Wong, PBM, CEO of Pac Technologies.
During a media conference held at Makati Shangri-La, Manila last year, Sen. Pacquiao revealed his plan to develop PacPay. Fans of the legendary boxer have since indicated strong interest and many of them had apparently pre-registered for the card programme.
Featured image credit: Manny Pacquiao Facebook