- Manny Pacquiao is set to launch his very own payment platform which will be called ‘PacPay.’
- According to the boxing hero-turned-senator, the new system aims to help overseas Filipino workers and to support charitable projects.
Boxing legend and Philippine Senator Emmanuel “Manny” Pacquiao is set to launch his own digital payment platform early next year – and it will be called PacPay.
Pacquiao’s startup tech firm Pac Technologies will roll out the new system in 2021 in the hopes of “helping Overseas Filipino workers (OFWs) in their financial transactions,” reported ABS-CBN News.
In the World Fintech Festival event, Pacquiao declared:
“This will make cross-border transactions easier for our countrymen especially the OFWs.
“With PacPay, we can help local businesses connect to global influencers and millions of fans around the world.
“We will also offer a unique rewards program where users will receive explosive perks, autographed merchandise and even tickets.”
Furthermore, the Pacquiao said portions of PacPay earnings will be used for charitable projects in the country.
“The PacPay ecosystem is designed to support Filipinos who are in need. As users transact via PacPay part of our proceeds support charity projects in the Philippines,” the sports icon-turned-politician explained.
In September 2019, Pacquiao also rolled out Pac Token, his own cryptocurrency. It has since been dubbed as the world’s first celebrity cryptocurrency.
As far as his political career goes, Pacquiao coninues to stay mum about his plans for the upcoming 2022 national elections. Earlier this December, he has been named as the new president of PDP Laban, President Rodrigo Duterte’s political party.
Meanwhile, his former promoter Bob Arum said he “wouldn’t be surprised” if Pacquiao would run for the presidency,” wrote the Inquirer.
“I did a telephone call with him. ‘Bob, I’m gonna run in 2022 and when I win, I want you there at my inauguration,” shared Arum.
Pacquaio has since denied Arum’s claims.
Bees Kill Penguins by Stinging Them in the Eyes
2000 Kilogram Sunfish Caught Off North African Coast
Man Embezzles $57K in COVID-19 Relief to Buy Pokemon Cards
Florida Man Catches and “Recycles” Alligator in Driveway
Man Shocks Reporter on How He’d Spend the Lottery Winnings
Man Joins Search Operation Not Realizing He’s the One Missing
World’s Oldest Rhino Dies in Italian Zoo at 54 Years Old
Meet Quilty – Cat Escape Artist Helping Other Cats Jailbreak
Fans Use American Flag to Save Falling Cat During Football Game in Miami
TikToker Shares How She Tricked Invaders Who Tried Opening The Hotel Door While She Was Alone
Man Iced Neighbor Who Repeatedly Asked Him “When Are You Getting Married?”
Do You Live in One of These 15 Countries With The Most Beautiful Women on Earth?
The Secret Meaning of Anklets And Why Some Wives Wear Them
Waking Up Between 3 to 5 AM Could Mean You’re Experiencing Spiritual Awakening
Divorced Man Wrote 20 Epic Marriage Advice He Wished He Could Have Had
Haunting Photos of Two Tourists Snapped Just Before They Mysteriously Disappeared
“Chastity Cages” is the Latest Thing for Men
Pork Fat Is Officially One of the World’s Most Nutritious Foods
Some Stranger Padlocked This Guy’s Earlobe And Ran Away With The Key
Three-Month-Old Baby Left Blind in One Eye After Family Friend Took His Picture
Entertainment9 months ago
Dwayne ‘The Rock’ Johnson Could “Unite The People” If He Runs As US President, Says The Undertaker
OMG9 months ago
Pastor Heals People By Farting The ‘Holy Spirit’ On Their Faces
Sci/Tech7 months ago
After Over A Year Into The Pandemic, WHO Finally Admits Coronavirus Airborne Transmission Is Possible
Sci/Tech8 months ago
“Pyramid-Shaped” UFO Videos And Pics Are Authentic, Pentagon Confirms