Xpress Money, Instant Money Transfer

Xpress Money ties up with Palawan Pawnshop to expand services

International money transfer brand Xpress Money has partnered with Palawan Pawnshop, a pioneer Philippine pawnshop, to provide overseas Filipinos and their beneficiaries more payment outlets to receive remittances.

Xpress Money has 10,500 agent locations in the Philippines and this number increases with the addition of Palawan Pawnshop’s 959 branches, which are located in over 42 provinces across the country. This includes NCR, Batangas, Palawan, Mindoro, Antique, Capiz, Masbate, Negros, Iloilo, Cebu, Leyte, Samar, Davao, Zamboanga, Misamis, Cagayan de Oro, and Iligan. With almost three decades in the business, Palawan Pawnshop has extended its pawnshop business to bill payments and money transfer services.

“We are committed to helping the OFW community by providing reliable and affordable services, thus we are always on the lookout for opportunities to expand our network. With this partnership, we believe this will greatly benefit our customers by making transactions more convenient and accessible, especially in Visayas and Mindanao, where Palawan Pawnshop is strongest”, said Xpress Money Country Manager Eduardo Cobangbang.

“We are honored to have this tie-up with a global remittance company such as Xpress Money, and we are looking forward to a long and successful relationship to provide fast and affordable money remittance transactions to our customers”, said Palawan Pawnshop Vice President Karlo Castro during the signing of the Memorandum of Agreement.

The partnership with Palawan Pawnshop strengthens Xpress Money’s thrust of expanding its network in the Philippines to provide OFWs, their families, and other beneficiaries more convenient ways to pick-up remittances, wherever they are in the country.

Xpress Money - Palawan Pawnshop MOA Signing. International money transfer brand Xpress Money and Palawan Pawnshop recently formalized its strategic partnership with the signing of a Memorandum of Agreement (MOA). Shown in photo are Xpress Money Country Manager Eduardo Cobangbang and Palawan Pawnshop Vice President Karlo Castro.

About Xpress Money

Xpress Money is a global money transfer brand with a thriving presence in more than 150 countries in 5 continents across 170,000 agent locations. Working towards the goal of Bringing Home Closer to millions of migrants residing away from their homes, Xpress Money has come to be known as the most dependable international money transfer brand. Xpress Money provides its customers a simple, fast & safe way to transfer money through innovative technology, superior customer service and its extensive worldwide network. For more information, visit www.xpressmoney.com.

For more information, please contact:

Denise Ching
EON The Stakeholder Relations Firm
(E)    denise@eon.com.ph
(T)    +63 2 8935642
(F)    +63 2 5113100