What do we do?

PearlPay believes that all Filipinos should have access to financial solutions to save time and money and connect better with their loved ones. Our mission is to help financial institutions, especially rural banks, be commercially competitive with access to the latest and innovative banking solutions. We aim to become the national digital payment enabler and gateway in the country by providing quality and affordable banking solutions to financial institutions and individuals previously underserved.

Inconvenient Transaction Process
Filipinos spend an average of 21 minutes and 43 Php to go and process transactions to the nearest financial access points.
High Transaction Cost
Banks charge an average of 11% to send money to the Philippines, which is over 3% higher than the global average cost of 7.3%.
Limited Foreign Payment Access
Only a handful of rural banks are members of foreign payment networks and local interbank network.
Outdated Technology
Philippines has an estimated 2.5 billions of payments monthly amounting to $74 billion (Php 3.76 trillion) but only 1% are transacted electronically, remaining 99% transacted in cash or check.

Making Financial Services
Universally Accessible

Out of 577 unique banks in the Philippines, 450 are rural banks that have a wider reach and scattered strategically throughout the country. However, 94% of rural banks have no access to an e-payment infrastructure. This means most Filipinos lack the means to acquire easier financial access. Additionally, most available technologies and payment solutions need an updated phone or a good wifi connection that is not incorporated in the Filipinos’ financial habits.

PearlPay’s range of products offers a unified payment network that promotes a secure digital financial lifestyle that doesn’t rely on the internet or the latest gadget. This ecosystem of solutions provides beneficial financial access and services to underserved financial institutions, small and medium enterprises, and Filipinos.

How We're Changing Filipino Lives

Making Financial Services Universally Accessible

Out of 577 unique banks in the Philippines, 450 are rural banks that have a wider reach and scattered strategically throughout the country. However, 94% of rural banks have no access to an e-payment infrastructure. This means most Filipinos lack the means to acquire easier financial access. Additionally, most available technologies and payment solutions need an updated phone or a good wifi connection that is not incorporated in the Filipinos’ financial habits.

PearlPay’s range of products offers a unified payment network that promotes a secure digital financial lifestyle that doesn’t rely on the internet or the latest gadget. This ecosystem of solutions provides beneficial financial access and services to underserved financial institutions, small and medium enterprises, and Filipinos.

How We're Changing Filipino Lives

Our Top Digital Banking Solutions

Providing the latest fintech solutions to the FIlipinos to enable cashless digital transactions in the Philippines.

Core Banking Solution

PearlPay CBS is a world-class cloud-based core banking solution offered as SaaS (Software as a Service). It is cloud-native and designed to allow banks to scale quickly using cloud platforms.

Agent Banking Solution

PearlPay ABS is a portable point-of-sale (POS) mobile technology device that delivers a range of card, mobile wallet, and banking solutions without dependence to the internet or new mobile phones.

PearlPay E-Wallet

PearlPay’s wallet solutions will eventually power a bigger ecosystem of products and solutions like the PearlPay REMIT and PearlPay PESO.

Featured On

Partners

Our Events

Catch PearlPay at these events!

HongKong Fintech Week

November 4-8 | Asia World Expo, HongKong

Singapore Fintech Festival

November 11-15 | Singapore EXPO

Rural Bankers Association of the Philippines Symposium

November 6 – 7, 2019 | Manila Hotel

PH Startup Week

November 18-22 | Crowne Plaza, Ortigas

Pearl Pay signs pilot program with BHF Rural Bank
In the News

PearlPay Signs Pilot Program With BHF Rural Bank

PearlPay has signed a pilot program agreement with BHF Rural Bank, Inc. (BHF), based in Dagupan City and operating seven branches.

This marks the first time a Philippine rural bank will utilize cloud-based technologies such as core banking solutions (CBS), agent banking solutions (ABS) and white-label eWallet solutions, all of which are designed to reach customers with limited or no access to the internet.

Want to Learn More?

Check out PearlPay’s Quick facts.