PETNET seals partnership with UnionBank; EON powers PERA HUB for more than four million customers

PETNET seals partnership with UnionBank; EON powers PERA HUB for more than four million customers

PETNET, one of the largest remittance, foreign exchange, and payment network in the Philippines with more than 3,000 outlets nationwide, recently signed a partnership with Union Bank of the Philippines (UnionBank) to launch the PERA HUB account, utilizing UnionBank’s award-winning EON platform, for its more than four million customers nationwide.

PERA HUB – PETNET’s retail brand, launches the PERA HUB VISA card and accessible through the PERA HUB mobile app, realizes its mission towards the financial inclusion of its customers, most of them living in the provinces and far-flung areas of the country. With the PERA HUB VISA card, customers can access any ATM nationwide as well as do cashless purchases at merchant establishments. Once they register their card on the PERA HUB app, customers get to enjoy the convenience of sending and receiving money through Western Union services by using the PERA HUB Mobile App, anytime, anywhere.

“With the PERA HUB account, we do our part in making a wider range of financial services accessible to our customers,” Lorenzo Ocampo, President of PETNET, said.

“With UnionBank, one of the pillars of the banking industry, and the world-class innovations introduced by EON, It was an easy choice for us on who to partner with than go with the Fintechs,” Ocampo added.

“We go where PETNET goes and co-create along the way,” Paolo Baltao, Head of EON Banking Group, said.

To learn more, visit https://perahub.com.ph.

About PETNET, Inc.

PETNET, Inc. was established on August 12, 1998. Its primary purpose then was to grow the network of Western Union in the Philippines. PETNET’s over 2,500-branch network, composed of company-owned and sub-agent locations, is geared toward the service of Western Union with complementary products such as money changing, bills payment, airline ticketing, cell phone load, and micro-insurance.

Today, PETNET is the largest Western Union agent location network in the country.

In mid-2015, Aboitiz Equity Ventures (AEV) entered as the new majority owner of PETNET, leading to a full transformation and an aggressive branch expansion program. Following this expansion, in April 2016, PETNET changed its brand name to PERA HUB to better describe its portfolio of services and continuously be relevant to its target market and industry.

For your cash and payment-related solutions, visit the PERA HUB branches nationwide and for more information: www.perahub.com.ph, call us at (+632) 812-9209, and follow PeraHubPH (Facebook, Twitter, and Instagram).

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