The Palawan Group of Companies, through its Palawan Express Pera Padala (PEPP) service, has expanded its collaboration with the Armed Forces & Police Mutual Benefit Association, Inc. (AFPMBAI) to include digital payment solutions. AFPMBAI members can now conveniently settle their insurance and loan payments through the PalawanPay e-wallet, allowing them to manage their transactions anytime, anywhere. They can also go to any of the over 50,000 PEPP branches, authorized agents, and outlets nationwide.
The AFPMBAI is a mutual benefit association that offers financial security and protection to members of the Philippines’ uniformed services. These include the Armed Forces of the Philippines, the Philippine National Police, Bureau of Fire Protection, Bureau of Jail Management and Penology, Philippine Coast Guard, and the Bureau of Corrections, among others.
This new agreement reinforces the existing partnership between the Palawan Group of Companies and AFPMBAI. In May 2019, AFPMBAI members gained access to over-the-counter payments at any Palawan Express branches nationwide. In 2021, AFPMBAI utilized PEPP’s Disbursement Facility to streamline the processing of member loan proceeds, claims, refunds, dividends, and other benefits across its regional branches and extension offices.
