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| ENCASH President Juan Miguel Mapa and Panalo Express President Ian Atienza |
ENCASH, the country’s first and leading non-bank ATM deployer and Ayannah, one of the country’s 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.
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 “load” 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’ agent network and Ayannah’s growing network of leading remittance companies which now includes LBC, MLhuillier, Tambunting, Raquel Pawnshop and RD Pawnshop.
