REMITTANCE NETWORK
Business Presentation
What is PINOY PERA PADALA?
PINOY PERA PADALA is a remittance service aggregator that
accredits suitable business enterprises (to be called Third Party
Remittance Agents or TPRAs) wanting to engage in a closedloop domestic remittance service as well as act as cash-out
centers of overseas remittance companies servicing OFWs.
PINOY PERA PADALA aims to provide small entrepreneurs the
chance to compete with the giants in the industry by being part
of a nationwide network of remittance outlets. This can be
achieved through:
• Establishing a network of at least 1000 cash-in and cash-out centers
within the first year of operations.
• Using a state-of-the-art remittance system technical infrastructure
developed by Bux.com
• Offering convenience at very affordable and competitive rates
Why join PINOY PERA PADALA?
A powerful tool that drives traffic and increase
profit!
• Existing business owners can make extra profit from this risk-free
opportunity
• You will be offering your existing customers an added service
• Great way to attract new customers.
• Getting started is easy!
• We support our agents 100%. As our agent you will receive all of
the necessary materials, support and training to get started.
Business Model
A closed-loop domestic remittance service and cash-out service for
overseas remittance companies.
PPP Network
PPP
Outlet
Overseas
Remittance
Partner
Overseas
Remittance
Partner
PPP
Outlet
PPP
Outlet
BUX.COM Remittance System
Commercial Model: Fee Sharing
Domestic Remittance Fee Sharing Table
Send
Amount
Fee
PPP
Outlet
cash-in
PPP
Outlet
cash-out
PPP
BUX.COM
Up to 500
25.00
8.00
8.00
5.00
4.00
501 to 1000
40.00
14.00
14.00
8.00
4.00
1001 to 2000
80.00
28.00
28.00
16.00
8.00
2001 to 3000
100.00
35.00
35.00
20.00
10.00
3001 to 5000
160.00
56.00
56.00
32.00
16.00
5001 to 10000
200.00
70.00
70.00
40.00
20.00
10001 to 30000
240.00
84.00
84.00
48.00
24.00
300.00
105.00
105.00
60.00
30.00
>30000
Overseas Remittance Fee Sharing Table
Fee
PPP Outlet
PPP
BUX.COM
120.00
90.00
15.00
15.00
Commercial Model: PPP Outlet Investment
PPP Outlet Minimum Investment:
1.
2.
3.
4.
5.
Joining Fee
PC
Printer/Scanner
Pre-fund
Cash-out revolving fund
Joining Fee:
PHP 82,000.00
PHP10,000.00 (minimum amount)
15,000.00 (optional)
7,000.00 (optional)
25,000.00 (minimum amount)
25,000.00 (minimum amount)
PHP 10,000.00
Inclusions:
Remittance System Registration Fee
Remittance Agent Registration Fee
AMLA Training Fee
System Training and set-up
Signage
Initial marketing collaterals
Minimum Monthly Revenue Projection for PPP Outlet
At minimum pre-fund of PHP 25,000.00 and cash-out revolving
fund of PHP 25,000 an average 22.2% ROR per month is projected.
Assumptions:
30 overseas cash-out at 90.00
120 cash-in at 35.00
120 cash-out at 35.00
Total commission is
PHP
= 2,700
= 4,200
= 4,200
11,100
Requirements to be a TPRA
•
Properly filled-out and signed application form
•
An existing business with a strategically located store or outlet
•
Registration as Remittance Agent and completion of AMLA Training
•
Payment of Joining Fee of PHP 10,000.00
•
Minimum pre-fund of PHP 25,000.00 and cash-out fund of PHP
25,000.00
•
PC and Internet connection or Android tablet and data line
•
Printer/scanner
Funds Flow
PPP
TPRA Pre-fund
Remittance
Partners
Pre-fund
BUX.COM
Commissions
Pre-fund Accounts
in Settlement
Bank
Net cash-out
reimbursements
PPP
TPRAs
Account in
Settlement
Bank
PPP processes transactions. Send Amount(Cash-in) is debited
from PPP pre-fund and Claimed Amount (Cash-out) is credited
to PPP pre-fund
At end of day, the system computes net settlement amount
and credits to PPP settlement account. The system also
computes commission and credits to account also.
At end of day, PPP reviews transactions against his prefund and determines pre-fund deficiency for deposit or net
cash advanced to be credited to his account.
The following banking day, PPP deposits pre-fund deficiency or
withdraws net amount advanced for cash-outs.
Become a Pinoy Pera Padala Agent!
If you own or operate a business and would like
to:
 Generate commission income
 Reach a growing new market of customers
 Improve customer loyalty
 Increase customer traffic
 Expand your business to include:
 Bills Payments
 Courier Services
 E-Loading (Smart, Globe, Sun etc.)
Remittance Process
One-time Registration of Sender
Sender will fill up
the remittance
form and submit
together with
valid ID to Teller.
Teller validates
the identity of the
sender and scans
ID.
Teller enters data
through the
mobile phone and
once complete, a
SMS notification
is received by
Teller and Sender
that registration is
successful.
Scanned forms
and IDs are
forwarded to the
KYC Server.
Remittance Process
Send Money
Sender fills out
Send Form hands
over to the Teller
together with a
valid ID and cash.
Sender must
specify cash out
mode – OTC or
ATM.
Teller enters the
mobile number of
sender and , if
registered, system
displays name
and asks for send
amount. If not,
system sends a
message that the
sender is not yet
registered.
Teller enters send
amount, name
and mobile
number of
beneficiary and
once complete, a
SMS notification
is received by
Sender that send
transaction is
successful and the
claim code.
Beneficiary
receives SMS
notification and
the claim code.
Remittance Process
Receive Money Over-the-Counter
Beneficiary fills
out Claim Form
hands over to the
Teller together
with a valid ID.
Teller validates
identity of
beneficiary and
enters the claim
code and mobile
number of
beneficiary. If
valid, SMS
confirmation is
received.
Teller gives cash
to the beneficiary.
Sender receives
SMS notification
that claim
transaction is
successful.
Remittance Process
Get Cash Card and Receive Money via ATM
Beneficiary fills up and
signs KYC form and
provides photocopy of
valid ID
Teller validates
identity of beneficiary
and accepts KYC form
and photocopy of valid
ID.
Beneficiary uses the
cash card to withdraw
received amount from
any ATM.
Documents are
forwarded to Head
Office for processing of
Cash Cards.
Cash card is delivered
to Beneficiary
Contact Numbers:
Landline : 990-2728
Look For: Camille or Jocelyn