LBC Ex­press part­ners with PERA HUB

Manila Bulletin - - Business News -

LBC Ex­press, Inc. has signed a partnership agree­ment with PERA HUB, the re­tail brand of PETNET, Inc.

Un­der the agree­ment, LBC out­lets will of­fer pay­out ser­vices for trans­ac­tions sent via Western Union® ser­vices in all of its over 1,400 lo­ca­tions na­tion­wide, thus pro­vid­ing more con­ve­nience to con­sumers.

“Stay­ing true to LBC’s overall vision and thrust for Q4 2016, we are proud to an­nounce this partnership with one of the most re­spected and trusted names in the in­dus­try,” shares LBC Pres­i­dent Miguel Cama­hort.

“We are ex­cited to have LBC on-board. This will def­i­nitely open up new op­por­tu­ni­ties for both busi­nesses with re­gard to the re­mit­tance in­dus­try,” said PETNET Pres­i­dent Lorenzo T. Ocampo.

PERA HUB, the re­tail brand of PETNET (which is ma­jor­ity owned by Aboitiz Eq­uity Ven­tures Inc.), is cur­rently the largest agent net­work of Western Union in the Philip­pines.

“We are pleased with this col­lab­o­ra­tion be­tween PETNET and LBC. Hav­ing Western Union® ser­vices avail­able in LBC branches na­tion­wide is aligned with our plans of ex­pand­ing our net­work foot­print in the coun­try and mak­ing our ser­vices more ac­ces­si­ble to con­sumers,” said Western Union Coun­try Di­rec­tor Jef­frey Navarro. (JAL)

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