PERA HUB, the Philippines’ foremost consumer financial services center, was recognized by the Asian Banking and Finance Retail Banking Awards with the Fintech Digital Innovation of the Year – Philippines award for its digital efforts to make more financial services accessible to many Filipinos nationwide.
For 25 years, PERA HUB has been bringing relevant remittance and cash-related transaction services to Filipinos through its over 3,000 locations nationwide. With the growing demand for digitized financial services, PERA HUB expanded its reach through the PERA HUB Digital Remittance Platform and PERA HUB Mobile App.
In 2021, PERA HUB introduced its Digital Remittance Platform (DRP), Southeast Asia’s single aggregated application programming interface (API) remittance platform that allows businesses to connect to a network of remittance companies; retail and over-the-counter partners; major Philippine banks; wallets; and, fintech.
The PERA HUB DRP was recognized by the Asian Technology Excellence Awards and received the Philippines Technology Excellence Award for Fintech – Remittance in 2022.
This year, the company launched its enhanced PERA HUB Mobile App which aims to enable users to experience a faster and easier way to handle their remittances and other cash-related transactions with the introduction of the PERA HUB Virtual Card, which paves the way for faster digital onboarding.
“At PERA HUB, we see that embracing the innovation of digital financial services guides us toward serving real value to our customers and partner communities. We are grateful to be recognized through our digital efforts as we bridge the gaps in the current remittance landscape with new solutions,” PETNET President and CEO Ian T. Ocampo said.
“As an emerging remittance and financial services provider, this recognition is a testament to our efforts and goal to create an impact – not just in the fintech and digital space, but most importantly, to the communities we serve,” PETNET Senior Assistant Vice President for Digital Business Bryan Makasiar said.
The Asian Banking and Finance Retail Banking Awards is an annual awards program that recognizes outstanding banks and financial institutions with innovative and retail products, services, and strategies.
PERA HUB continues to build up its foray of services such as remittance services, cash-out transactions, loans, microinsurance, and other complementary services. It has also been expanding the availability and accessibility of its products and services through its counters and digital channels to further promote financial inclusion to its customers nationwide.