The Palawan Group of Companies has entered an agreement with payment infrastructure provider AltPayNet to expand international remittance rails across its digital and retail channels, the companies announced.
Under the partnership, beneficiaries in the Philippines can receive inbound cross-border funds directly through the PalawanPay mobile wallet or over the counter at more than 3,800 Palawan Express Pera Padala branches nationwide.
The arrangement connects AltPayNet’s international transaction-clearing capabilities to Palawan Group’s physical and digital distribution network, allowing senders abroad to route transfers into both bankless cash-out points and electronic accounts. (Read More: Palawan Group, LandBank Partner with DSWD for Digital and Branch Payout Distribution)
The rollout is being coordinated through Palawan for Business, an enterprise unit led by Head of Palawan for Business Missy Baldemor, which will oversee network integration across branch and digital endpoints.
“Through our partnership with AltPayNet, we are expanding our ability to connect more Filipinos to the support of their loved ones overseas,” said Lisa Castro-Sabado, chief business development officer of the Palawan Group of Companies. “Whether they are receiving money through PalawanPay or claiming it at any Palawan Express Pera Padala branch nationwide, our goal remains the same: to make remittance services more accessible, more convenient and more reliable for every Filipino.”
AltPayNet President and CEO Don Vacal said the tie-up aims to utilize existing, high-density physical networks to make payout collection faster for overseas families.
“Through our partnership with the Palawan Group, we are expanding our reach through one of the country’s most trusted financial networks, allowing more beneficiaries to receive their funds quickly, conveniently and securely,” Vacal said.
Data from the Bangko Sentral ng Pilipinas shows personal remittances from overseas Filipinos reached $39.62 billion in 2025, representing a primary source of foreign exchange and household income in the country. (Read More: RCBC, PalawanPay Hit 1 Million PalaSave Digital Accounts Ahead of Target)
Palawan Group operates an ecosystem that includes pawnshops, domestic money transfers and digital wallet services. The company has increasingly expanded its digital footprint by integrating third-party payment rails, government social protection disbursements and micro-savings accounts into its PalawanPay app.
Disclosure: AI has been used to assist in developing this article.
This article is published on BitPinas: Palawan Group Partners with AltPayNet to Expand International Remittance Rails for PalawanPay and 3,800 Branches
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