In the Philippines, there are a total of 577 banks, 450 are rural banks with 8.7 million existing depositors, and about 60 million users opportunity for growth. But only 6% of rural banks have access to the electronic payment system. Why's 94% don't have access? Because the average cost to have one is US$ 4 million, only big banks can afford it. That is why we created PearlPay. The sachet of E2E (end-to-end) digital banking platform, making it affordable, where no rural banks will be left behind.
