MannyPay International Inc., the monetary know-how firm backed by eight-division world champion Manny Pacquiao, introduced Monday the launch of its United States service provider cost processing division. The corporate stated the brand new division, delivered by MannyPay.io, will provide American companies credit score and debit card processing, cost gateways, point-of-sale methods, eCommerce integrations, ACH processing, enterprise banking, and fraud prevention providers, with a said deal with decreasing the price of accepting funds.
“Small companies are the spine of the American economic system, but tens of millions proceed to pay unnecessarily excessive processing charges that instantly scale back their profitability,” Pacquiao, who serves as chairman of MannyPay International, stated in a press release. “All through my life I’ve believed in creating alternatives that assist individuals succeed. MannyPay was constructed with that very same function: to offer entrepreneurs entry to higher know-how, honest pricing, and trusted help, to allow them to maintain extra of what they earn and reinvest it of their companies, their workers, and their communities.”
Firm Cites Rising Fee Prices
In response to figures cited within the firm’s announcement, US card processing charges reached an estimated $224 billion in 2023, and a typical American small enterprise pays roughly 2.5 p.c to three.5 p.c on each card transaction. The corporate additionally pointed to projections valuing the US digital funds market at roughly $42.6 billion in 2025, with development to roughly $208.8 billion anticipated by 2035.
MannyPay International stated its platform was first established within the Philippines, the place it operates as a regulated digital funds supplier. The corporate stated it can prioritize Filipino-American retailers and cross-border commerce as a launch focus in the USA, citing Pacquiao’s ties to the Filipino group.
“Our mission is way larger than processing transactions. We’re constructing a funds firm for the subsequent technology of commerce,” Jas Mathur, chief govt officer of MannyPay International, stated within the launch. “Our imaginative and prescient is to construct one of many world’s most trusted payment-technology manufacturers, and this launch is just the start of a a lot bigger world technique that unifies funds, monetary know-how, enterprise banking, and digital commerce beneath one ecosystem.”
“Working alongside Manny has bolstered what makes this partnership so particular: his unwavering dedication to serving to individuals succeed,” stated Jimmy Virk, president of MannyPay International. “We couldn’t be extra excited to launch MannyPay and start making a significant distinction for companies throughout the USA and Canada.”
Pacquiao’s Boxing Standing
Pacquiao (62-8-3, 39 KOs), 47, stays energetic in boxing alongside his enterprise ventures. He returned from retirement in July 2025 to struggle WBC welterweight champion Mario Barrios, a bout scored a majority draw. Knowledgeable rematch with Floyd Mayweather Jr. on the Sphere in Las Vegas, streamed on Netflix, was introduced in February for later this 12 months however has since been postponed, with a brand new date not but confirmed.
