{"id":14928,"date":"2019-08-04T23:00:05","date_gmt":"2019-08-04T23:00:05","guid":{"rendered":"http:\/\/www.techbeatph.com\/wproot\/?p=14928"},"modified":"2019-08-04T13:45:13","modified_gmt":"2019-08-04T13:45:13","slug":"encash-and-ayannah-launch-the-panalo-express-superpos","status":"publish","type":"post","link":"https:\/\/www.techbeatph.com\/wproot\/encash-and-ayannah-launch-the-panalo-express-superpos\/","title":{"rendered":"ENCASH and Ayannah launch the Panalo Express SuperPOS"},"content":{"rendered":"

ENCASH and Ayannah launch the Panalo Express SuperPOS, ushering in a new era of Fintech for Financial Inclusion<\/strong><\/p>\n

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ENCASH President Juan Miguel Mapa and Panalo Express President Ian Atienza
<\/figcaption><\/figure>\n

ENCASH, the country\u2019s first and leading non-bank ATM deployer and Ayannah, one of the country\u2019s leading providers of fintech applications recently partnered to launch the Panalo Express SuperPOS, a new product that aims to make electronic financial services more accessible and affordable for both banked and unbanked Filipinos.<\/p>\n

The Panalo Express SuperPOS is the very first electronic POS device in the country that allows agents (retailers or enterprising individuals) to process both cash in and cash-out services. Through the ATM technology of ENCASH, cash withdrawals will now be possible through the same POS device that can process prepaid mobile \u201cload\u201d top-ups, Smart Padala acceptance and encashment, PayMaya, GCash, WeChatPay and AliPay top ups, Bayad Center bills payment as well as cash remittance through Panalo Express\u2019 agent network and Ayannah\u2019s growing network of leading remittance companies which now includes LBC, MLhuillier, Tambunting, Raquel Pawnshop and RD Pawnshop.<\/p>\n

The Panalo Express SuperPOS will also provide added convenience for retail merchants by providing all-in-one access across all major payment acceptance methods. Retail merchants using the Panalo Express SuperPOS will be able to process Visa and Mastercard credit card and debit card payments via Chip & PIN, PayWave \u201ctap to pay\u201d and process PayMaya, GCash, WeChatPay, and AliPay payments by scanning QR codes.<\/p>\n

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Juan Miguel Mapa (President of ENCASH, Inc.), Myra Nate (CFO of ENCASH, Inc.), Monette Mapa (Director of Sales, ENCASH, Inc.) Oliver Ian Atienza ( Panalo Express President), Bartolome (Jay) Silayan, Jr. (Panalo Express Director), Ramon (Monjie) Lapez, Jr. (Panalo Express Chairman), Richard (Dicky) Alikpala, Ayannah President, Miguel (Mikko) Perez, Ayannah Chairman<\/figcaption><\/figure>\n

According to Panalo Express Chairman Ramon Lapez Jr., \u201cThe SuperPOS gives our growing network of agents the ability to accept all types of electronic payments as well as perform most if not all types of electronic transactions for their customers.\u201d <\/p>\n

On what is to come for the SuperPOS, Panalo Express President Ian Atienza shares, \u201cWe plan to deploy this SuperPOS with over 5,000 Panalo Express partners by year-end.\u201d He adds, \u201cWe are excited to launch the SuperPOS with our growing network of retailers and agents–since this is truly the first mobile POS device that does it all!\u201d <\/p>\n

Apart from introducing the SuperPOS, the two companies also agreed to work jointly to make financial products and services such as insurance and credit more accessible and affordable, especially to the majority of Filipinos who are unbanked and who live in the countryside.<\/p>\n

\u201cOur idea of consolidating multiple financial transactions that most Filipinos perform on a daily basis and putting them all into one device aligns perfectly with our mission to provide better financial access to developing but unbanked communities,\u201d shares ENCASH President Juan Miguel Mapa. \u201cThrough ENCASH\u2019s membership in the BancNet network, Panalo Express customers are given more options, including withdrawing from their ATM accounts through ENCASH\u2019s ATM sites, Easydebit 700 mPOS, and soon from over 5,000 participating Panalo Express agents nationwide.\u201d<\/p>\n

Ayannah President Richard Alikpala similarly sees this partnership with ENCASH and Panalo Express as something that will bring about their shared vision of providing accessible and affordable digital financial services and products that will improve the lives of Filipinos. \u201cWe are confident that in combining our award-winning fintech application with ENCASH\u2019s tried and tested ATM cash withdrawal service, Panalo Express will be in the best position to spur financial inclusion to the majority of Filipinos.\u201d <\/p>\n

For more Tech Lifestyle News and Features Visit us at\u00a0Techbeatph.com<\/a><\/em><\/strong>\u00a0and Visit and Subscribe to our Youtube Channel\u00a0here<\/a><\/em><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

ENCASH and Ayannah launch the Panalo Express SuperPOS, ushering in a new era of Fintech for Financial Inclusion ENCASH, the country\u2019s first and leading non-bank ATM deployer and Ayannah, one of the country\u2019s leading providers of fintech applications recently partnered to launch the Panalo Express SuperPOS, a new product that aims to make electronic financial…<\/p>\n","protected":false},"author":3,"featured_media":14929,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[15],"tags":[702,701,577],"class_list":["post-14928","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-techbeatcast","tag-ayannah","tag-encash","tag-fintech"],"_links":{"self":[{"href":"https:\/\/www.techbeatph.com\/wproot\/wp-json\/wp\/v2\/posts\/14928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.techbeatph.com\/wproot\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.techbeatph.com\/wproot\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.techbeatph.com\/wproot\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.techbeatph.com\/wproot\/wp-json\/wp\/v2\/comments?post=14928"}],"version-history":[{"count":2,"href":"https:\/\/www.techbeatph.com\/wproot\/wp-json\/wp\/v2\/posts\/14928\/revisions"}],"predecessor-version":[{"id":14932,"href":"https:\/\/www.techbeatph.com\/wproot\/wp-json\/wp\/v2\/posts\/14928\/revisions\/14932"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.techbeatph.com\/wproot\/wp-json\/wp\/v2\/media\/14929"}],"wp:attachment":[{"href":"https:\/\/www.techbeatph.com\/wproot\/wp-json\/wp\/v2\/media?parent=14928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.techbeatph.com\/wproot\/wp-json\/wp\/v2\/categories?post=14928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.techbeatph.com\/wproot\/wp-json\/wp\/v2\/tags?post=14928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}