Palawan Group of Companies (PGC) has launched Pera Padala Abroad, a new service allowing users to send money from the Philippines to over 190 countries. This service is available through the PalawanPay e-wallet app and at over 3,500 Palawan Express Pera Padala (PEPP) branches nationwide.

The introduction of Pera Padala Abroad addresses challenges Filipinos have faced when sending money overseas, such as high fees and complex requirements.

PalawanPay is one of the first e-wallets in the Philippines to offer outbound international remittance. It now enables users to send funds directly from their mobile phones. Transactions through the app do not require extensive paperwork; a verified PalawanPay account is sufficient.

Karlo M. Castro, President and CEO of PGC, stated that the company is committed to making financial services more inclusive. He also highlighted that the Pera Padala Abroad is a step in that direction.

“With the launch of Pera Padala Abroad, we’re proud to be one of the first e-wallets in the country to offer outbound remittance, a step forward in making financial services more inclusive.”

“No matter where in the world Filipinos are, they can easily receive money sent from the Philippines,” the President and CEO of PGC said.

Third Librea, CEO of PalawanPay, added that the service aims to support Filipinos globally.

“Now, we can further say, for Filipinos in all corners of the world. This is consistent with the Palawan Group’s thrust of championing financial inclusion,” he mentioned.

Pera Padala Abroad offers competitive rates, with fees starting at $5.3 USD ( PHP 300). Users can also convert funds sent in Philippine pesos into the recipient’s local currency or keep them in their preferred currency.

PalawanPay processes these transactions in real time, sending funds instantly once users receive a reference number. The international service is facilitated by Ria, a global remittance network.

PGC has been operating in the Philippine financial services sector for 40 years, providing various solutions including pawning, remittances, microinsurance, and bill payments.

The PalawanPay app also offers features such as pawn renewal, bill payments, mobile load top-ups, and cash-in/cash-out services.

Featured image by Palawan Group of Companies (PGC).