expresspay, payment center, otc, counter

Payment and Allied Services Sector

Payment Sector

A Business in the Flow of Money


The Expresspay franchise operates in a sector which is at the crossroads of where money flows. Payment Services is a broad grouping of related financial services which we defined earlier as Expresspay’s multiple revenue streams or business lines.


To get an idea of the size of this sector, consider the following statistics:


  • Remittances from OFWs continue to reach record highs, estimated at around $29 Billion Dollars in 2015 or the equivalent of over P1 Trillion Pesos.
  • It is estimated that 80 million Filipinos buy loads for their cell phones regularly; over 2 billion text messages are sent from these phones daily.
  • On average each household has between 3 to 12 bills it pays every month, including utilities such as electricity and water, credit cards, phones and cable subscriptions, insurances and many more.
  • Tourism, both local and international is predicted to continue growing at record rates, particularly in light of the Asean integration and infrastructure investments. It is estimated that 25 million Filipinos visited 2 new places within the country while close to 5 million foreign visitors came to the Philippines in 2015.

The ExpressPay franchise allows you to participate in and get a slice of this enormous and growing sector.