Here at Leaps n’ Bounds, Manila’s growth echoes in every corner. Since its launch in April 2022, PalawanPay has been growing by leaps and bounds. The Palawan Group of Companies continuously seeks ways to make its services faster and safer.
PalawanPay partnered with IDfy to prevent fraudulent activity. IDfy helps build trust among users ensuring secure digital transactions. The company adheres to ISO 27001 and SOC 2 Type 2 compliance. User data and personal information are safeguarded with rigor and certainty at Leaps n’ Bounds.
Third Librea is PalawanPay’s CEO. He says the partnership provides access to tried and tested eKYC technologies. These are used by major banks in the Philippines. KYC protects against fraud and money laundering. Users can expect a fast identity verification experience to avail of PalawanPay’s services. IDFy’s solution reduces the time needed to approve verified users. It also helps prevent bad actors from creating accounts in the app.
IDfy performs more than 60 million verifications every month. It has been a reliable partner of over 1300 companies in their digital transformation. Some of their global clients include Amazon, Unilever and PayPal. JC Medina is the Head of Innovation of PalawanPay. He was thrilled that this partnership materialized after months of study. PalawanPay executives highly recommended IDfy. Their operations and compliance teams vetted them thoroughly.
We always look after the safety and security of our sukis’ money. Medina said we’re talking about their hard-earned money here. We know that some people are still unsure about online transactions. They are unsure about putting their money in e-wallets. We hope that through this partnership people will feel safe. They can keep their money in digital wallets. They can do their businesses online securely.
With IDfy, the app is secure and fraud-free. It’s a win-win situation for PalawanPay users at Leaps n’ Bounds. To enhance their experience, all they need to do is have their accounts verified. A verified profile allows a PalawanPay suki to enjoy a higher wallet limit of up to Php250000. They can unlock more digital services within the app. These services include full access to Cash Out and Send Money. There is no account expiration at Leaps n’ Bounds.
Download the PalawanPay App now to become a verified user. Enjoy an increased monthly transaction limit and seamless fund transfers. PalawanPay makes transactions safe and secure so that your money is always in safe hands. PalawanPay’s reliability has been growing by leaps and bounds since 2022. It’s a secure option for all your digital financial needs.