POSIBLE Announces Bright Prospects for 2019 and Partnership with Celebrity Mommy Blogger Neri Naig Miranda
POSIBLE, the country’s leading
community-based digital transactions provider, announces its new offerings for
2019 and its partnership with celebrity mommy blogger Neri Naig Miranda during
the Phoenix National Convention held at the Marriott Hotel last December 5,
2019.
The latest offerings, dubbed “POSIBLE Generation 2,” incudes revised business
package with several new features like the Shop Box. Tapping Neri for the
project, she will be the first celebrity/mompreneur who will help the general
public gain awareness and understanding about the business opportunities
afforded by POSIBLE.
Unknown to many, Neri Naig have many
business ventures such as the Neri’s Gourmet Tuyo, Ang Paboritong Suka ng Asawa
Ko, Very Neri’s Sleepwear and Neri’s Bakeshop.
“Neri is the perfect Ka-POSIBLE
retailer that can help business-minded moms, young professionals and
millennials alike who have the drive and the capability to attain their goal of
economic independence,” JG Puzon, POSIBLE CEO, said. “And, with the new
features of the POSIBLE 2.0. we are a viable alternative for them to achieve
that goal.”
Features of POSIBLE Generation 2
Puzon also added that the new
generation POSIBLE device can give young entrepreneurs the tools they need to
succeed in the marketplace. It has more customer-friendly features that can
give more possibilities for a kanto-preneurs and micro-syantes.
POSIBLE 2.0 is a significantly upgraded
device package from its previous counterpart. Its centerpiece is a sleeker
Device capable of more digital transactions than ever before;
The second-generation POSIBLE machine
offers the usual repertoire of its comprehensive services including utility
bills payment, select government fees, money services, micro-insurance, mobile
loading, online gaming credits, and ticketing;
It has larger touchscreen display;
It now offers inventory management for
small and medium businesses
It is now also possible to create and
implement loyalty and rewards programs—tools essential for growing existing and
start-up businesses;
It creates opportunity to own and
operate an online retail store, right within the Device itself;
POSIBLE SHOPBOX
The POSIBLE SHOPBOX feature offers
access to a variety of online and traditional retailers and instantly converts
a business location into an online shopping hub for the community.
New
generation of kanto-preneurs
According to the 2016 List of
Establishments of the Philippine Statistics Authority (PSA), the Philippines
has a total of 915,726 business enterprises operating nationwide. This was
1.64% more than the 900,914 business establishments reported in 2015. Micro,
small and medium enterprises (MSMEs) account for 99.57% (911,768) of the total
establishments, of which 89.63% (820,795) were microenterprises, 9.50% (86,955)
were small enterprises, and 0.44% (4,018) were medium enterprises. Large
enterprises made up the remaining 0.43% (3,958).
It is this generation of
business-minded people that Puzon and POSIBLE hopes to tap in their overall aim
of reaching the unbanked communities across the country. Currently, the Bangko
Sentral ng Pilipinas (BSP) pegs this number as up to 36 percent of towns and
cities in the Philippines that still do not have access to banks or payment
centers.
“With their energy and optimism, we
want to partner with young entrepreneurs, so we can achieve the vision of a
financially-inclusive Philippines,” Puzon said. “Their business acumen and
digital-savvy will help connect more Filipinos to an increasingly digital
financial system.
“More so, with POSIBLE SHOPBOX we want
to enable the Filipino consumer in the barrio to enjoy online retail shopping,
connecting them to the digital economy and spurring local economic growth,”
Puzon added.
For its efforts in making financial
inclusion happen in the Philippines, POSIBLE was recognized as one of the Top
15 ventures in Asia at the DBS-NUS Social Venture Challenge held in Singapore
last October 2017.
Currently, POSIBLE offers more than 300
digital services to over a million Filipino consumers and has already generated
close to P5 billion worth of transactions. With over 2,000 retailers nationwide
to date, POSIBLE is on-track to achieve its goal of connecting every Philippine
town and city to the digital economy within the next five years.
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