ACDI MPC and PETNET Inc. Forge Strategic Alliance

ACDI MPC, the largest Cooperative in the Philippines, partners with PETNET Inc., a leading remittance and related financial services solutions network of the Aboitiz Equity Ventures, Inc. (AEV). A Service Agreement was officially signed in a ceremony held at ACDI MPC Head Office in Western Bicutan, Taguig City on September 19, 2016. BGen Lorenzo R Sumicad (Ret), ACDI MPC President, and Mr. Lorenzo Ocampo, PETNET Inc. President, led the signing ceremony together with key executives from both parties.

Pera Hub, before being rebranded to its current name, was the former PETNET Inc., which has been in operation since 1998. It is the Philippines’ largest agent network of the US-based Western Union Company with more than 400 company-owned branches and sub-locations strategically located across the archipelago.

The strategic partnership between ACDI MPC and PETNET Inc. aims to make the Cooperative’s products and services more accessible and more convenient to both existing and potential members. This move is part of the Cooperative’s “service within reach” philosophy, bringing ACDI MPC’s product and service offerings closer to every member’s doorstep.

Starting in October 2016, Pera Hub’s services will be available to ACDI MPC members in selected areas. ACDI MPC will release more details and updates in multiple media platforms on when Pera Hub’s services will be available in your location.

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