In today’s fast-paced digital world, online banking and financial transactions have made life more convenient and exposed users to risks like fraud and identity theft. According to a recent survey by the Cybercrime Investigation and Coordinating Center, over one-third of Filipinos have experienced online scams or retail fraud.
To tackle these challenges, PalawanPay introduces ProtekPadala, a new feature from the Palawan Group to protect users from fraud and online threats.
PalawanPay, one of the fastest-growing e-wallets in the Philippines, already offers a secure platform for money transfers, bill payments, and shopping. With ProtekPadala, it adds an extra layer of protection to keep your funds safe during every transaction.
ProtekPadala keeps every transaction safe, whether you’re transferring money, paying merchants, or sending e-gifts. This feature reflects the Palawan Group’s unwavering commitment to protecting Filipinos’ hard-earned money.
“For just Php18, your PalawanPay account and all send money transactions will be protected for 30 days with ProtekPadala. This protection is part of our commitment to providing our “sukis” with “mura, mabilis, at walang kuskos balungos na serbisyo” (affordable, fast, and hassle-free service), making every transaction secure and worry-free.”
Lisa Lou Castro-Sabado, Cash Management Solutions Director of Palawan Group of Companies
ProtekPadala protects you from common online threats, including:
- Electronic Funds Transfer Fraud: Covers losses from unauthorized transfers from your PalawanPay account.
- Online Shopping Fraud: Guards you against online purchases where the seller misleads the customers and fails to deliver the goods after payment.
- Identity Theft: Protects you if someone steals and uses your personal information for fraudulent activities.
There is a PHP 10,000 automatic coverage upon enrollment in ProtekPadala. Users can enroll in ProtekPadala up to 10 times within 30 days, increasing their coverage to a maximum of PHP 100,000 for added security. ProtekPadala insurance comes through Oona Insular Insurance Corporation, providing reliable and trustworthy protection.
“At Oona, we understand that financial security is the foundation of trust in today’s digital age. We are excited about our partnership with PalawanPay, as we share a common vision of ensuring secure and seamless digital financial services. With ProtekPadala, we aim to protect users from online threats, empowering them to confidently engage with digital transactions and embrace financial services with peace of mind.”
Abhishek Bhatia, Founder and Group Chief Executive Officer of Oona Insurance
With PalawanPay, you’re not just sending money—you’re sending peace of mind. With nearly 40 years of experience, the Palawan Group backs ProtekPadala to safeguard your transactions against fraud and online threats. Enjoy 24/7 customer support, assistance at over 3,500 branches, and the confidence that your hard-earned money stays protected.
Choose PalawanPay’s ProtekPadala and experience financial peace of mind like never before.For more information on how to enroll in ProtekPadala, check your PalawanPay app or visit PalawanPay app website.
Palawan Group of Companies is supervised by the Bangko Sentral ng Pilipinas.
