In a strategic move that could redefine Forex transactions, two industry leaders joined forces to offer a cutting-edge solution designed to meet today’s demanding digital financial landscape.
In a strategic move that could redefine Forex transactions, two industry leaders joined forces to offer a cutting-edge solution designed to meet today’s demanding digital financial landscape.
PETNET FOREX Solutions and Payso inked a partnership on a fast and secure disbursement channel for businesses. Both parties view the groundbreaking alliance as a step ahead in the way businesses conduct Forex transactions online.
“Collaborating with Payso aligns perfectly with our goal of expanding PETNET’s Forex trading services across diverse industries,” said Diana M. Lim, Vice President of PETNET Forex Solutions during the official launch at Payso’s office in The Finance Centre, Bonifacio Global City. “This partnership will enable us to offer seamless and secure Forex trading, empowering businesses to navigate global markets with ease.”
Payso officials, on their part, also welcomed the collaboration with optimism. “We are excited about this partnership and the potential it holds for enhancing our service offerings,” said Penny Jing, CEO and founder of Payso. “Together, we are dedicated to serving the Philippine market more effectively and contributing to a more efficient and innovative payment landscape.”
The agreement allows Payso to integrate PETNET’s Forex Solutions into its existing suite of services. With just a few taps and clicks, Payso users can now trade US dollars conveniently and with peace of mind knowing that their transactions are in full compliance with existing regulations that safeguard client funds.
PETNET FOREX Solutions, the corporate arm of PETNET, Inc., specializes in buying and selling US dollars. Its network of major bank partners give clients the flexibility to choose where to credit or settle their payables as well as the option to make multiple settlements among any of its bank partners. It also offers competitive foreign exchange rates to make sure clients get maximum value and save money compared to traditional banks and exchange services.
Payso, on the other hand, was founded in 2021 dedicated to elevating businesses through its fast and secure disbursement solution. Prioritizing both convenience and security, Payso has earned the trust of major banks and payment partners making it one of the leading names in the digital wallet industry.
With a strong partnership in place, PETNET and Payso are setting the standard in comprehensive and reliable digital transactions in the country. As Dennis Catubay, Executive Vice President of PETNET Forex Solutions, put it, the partnership is a representation of a shared vision between the two companies.
“By combining PETNET’s expertise in Forex with Payso’s advanced payment technologies, we are set to create a new standard in digital transactions in the Philippines that will bring significant benefits to our clients and support the country’s economic growth,” Catubay enthused.
PETNET and Payso are regulated by Bangko Sentral ng Pilipinas and supervised by the Anti-Money Laundering Council.