Ipinapakilala ni Philippine Senator at eight-division boxing world champion — Manny Pacquiao, ang "PacPay" digital payment platform para sa global influencers, brands at fans.

Ayon sa boxing superstar, ang kanyang bagong financial technology venture ay makakatulong sa Overseas Filipino Workers (OFWs) sa kanilang financial transactions.

"This will make cross-border transactions easier for our countrymen especially the OFWs," said Pacquiao during the World Fintech Festival arranged by GeislerMaclang Marketing Communications, Inc. in partnership with the Singapore FinTech Festival.

Ano ang mga benepisyong hatid ng PacPay app?

• Makakatulong sa mga local businesses na makipag-ugnayan sa mga global influencers and millions of fans around the world

• Magbibigay ng unique and exclusive rewards program, kung saan ang mga users ay makakatanggap ng:

- complimentary tickets

- limited edition autographed merchandise

- attractive discounts by merchants around the world

Narito ang kabuuang ulat ng ABS-CBN sa wikang Ingles:

Pacquiao said his technology startup Pac Technologies will launch "PacPay" in early 2021, which will offer more convenient and safer cross-border financial transactions for global influencers, brands and fans.

"With PacPay, we can help local businesses connect to global influencers and millions of fans around the world," explained the boxing superstar.

"We will also offer a unique rewards program where users will receive explosive perks, autographed merchandise and even tickets."

The boxer's venture was made possible by Pac Technologies' partnership with Remsea, a fintech remittance firm licensed by the Monetary Authority of Singapore.

Last year, Pacquiao also launched his own cryptocurrency called Pac tokens, which he said will allow fans to buy his merchandise and interact with him via social media.

The Pac token has been dubbed as the first celebrity cryptocurrency.

Pacquiao added that there is a philanthropic side in his new venture.

He said part of the proceeds they will get from PacPay will be used to finance charity projects in the Philippines.

"The PacPay ecosystem is designed to support Filipinos who are in need. As users transact via PacPay part of our proceeds support charity projects in the Philippines," he said.

It has been the boxer-senator's practice to donate part of his earnings to the needy especially during difficult times.

Just recently, he struck a deal with Globe Telecom for the exclusive streaming rights of his future fights. The talent fee that will be generated by the, he said, will be used to the victims devastated by the recent typhoons that hit the country.

The investment will deepen the 42-year-old sports legend's stake in fintech. He also recently launched his own cryptocurrency, Pac Coin. Pacquiao said Pac Pay would offer a rewards program that includes autographed merchandise, show tickets and donation credits to charities.

"Amid this pandemic, we have seen an incredible opportunity to adopt digital technology, including global digital payments. We entered the regional market with the intention of helping our businessmen grow. This will be beneficial to MSMEs and Pinoy customers," he said.

The cross-border platform will make money transactions especially easy for OFWs, Pacquiao said. Pac Pay will "incentivize" users, he said.

He added, “Through the unique card programme, my followers will be incentivized with exclusive rewards including complimentary tickets, limited edition autographed merchandise and attractive discounts by merchants around the world.”

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