Your Virtual Money Logistics System
Pearl Pay is a Virtual Money Logistics System that provides world-class and yet affordable mobile wallet white-label service for rural banks. Using the latest technology, Pearl Pay will allow rural banks to launch their own virtual prepaid mobile wallet as fast as 30 days."With a MatchMove partnership in place, it allows Pearl Pay to cut down the product development timeline from twenty-four (24) months to just six (6) months. The MatchMove partnership also serves as a backdoor entry to the MasterCard and Visa allowing more liquidity for the Pearl Pay accountholders.We think global and act locally.Pearl Pay has four core products combined into a single integrated system we called VMLS (Virtual Money Logistics System).
Pearl Pay is creating a solution to interconnect Payment, Remittance, Banking and Cryptocurrency. It will be solved using a comprehensive, secured and affordable Mobile Wallet OS and use Blockchain technology to lower the cost. Pearl Pay will target Philippines as its pilot country. Based on recent research, 70% of Filipino families has no bank accounts. There is also a high cost for domestic and international remittance which is a USD$33B industry in the Philippines.