How to Integrate TrueMoney into Your Sari-Sari Store Business

The typical neighborhood sari-sari store of the past that owes its concept of buying from a wholesaler and making money off each item with a small markup can’t seem to survive in today’s line of business without making innovations.

Thankfully, a sari-sari store doesn’t have to dwell in that old business model as new opportunities emerge to diversify operations. They can now accept mobile phone reloading, disburse remittance money, accept bill payments or become a pickup point for parcel deliveries.

One of such opportunities come from TrueMoney, which is a Thailand-based low-cost financial technology company that serves three major areas: remittance money processing, bills payment and prepaid load and game credit retailing.

This means, if you are affiliated with this business, your sari-sari store can serve customers with aforementioned needs — receives money sent by OFW relatives abroad, reload their prepaid mobile device or pay their bills. By the looks of it, customers will have ease of convenience doing so. They don’t need to go to poblacion’s Western Union or M Lhuillier outlets to pick up money, at bigger stores and queue with other customers or wait for office hours to pay their utility bills.

Benefits of a TrueMoney partner

Earn more income
Your sari-sari store has potential to earn more income on top of the perishable goods on sale. That’s because your shop will now offer high-demand services such as phone reloading, bill payment and remittance services.

More customer traffic
Instead of routinely saying you don’t offer such services, a TrueMoney signage will attract more foot traffic and income potential. Along the way, someone asking for phone reload might just buy a liter of softdrinks or a can of meat loaf.

Low start-up investment
Understanding merchants may have little leeway when it comes to investment, TrueMoney’s proven business model doesn’t require a fortune to invest in exchange for a potential financial windfall and growth in business.

Easy business setup
There are about 45,000 TrueMoney Centers in the Philippines and Southeast Asia. One reason for that growth over the past few years is the ease of setup. There is no need for computers, printers or internet connection as TrueMoney will provide you with an easy-to-use POS terminal.

Safe, quick and secure transactions
Money remittance through TrueMoney is a fast, affordable, and secure way to send and receive money. There is no charge to money recipients and no membership is required. The POS terminal prints a transaction receipt while the confirmation and the unique reference code are quickly sent to your mobile number. Recipient can then pick-up the cash in real-time.

Each TrueMoney Center is provided with a unique POS terminal that comes with a unique card for authentication purposes. Through a simple menu-driven interface, business owners can carry out financial services without the complex technology.

Wide variety of bill payment partners
As a TrueMoney partner, your sari-sari store may accept bill payments for the following merchants:

Airline Tickets	Cable TV	Banks	Electric Utilities	Finance	Telecoms	Water Utilities	Others
Air Asia	Angeles Cable	Asia United Bank	Angeles Elec	AEON Credit	ABS-CBN Converge	BP Water Works	Bayanihan Flats
Cebu Pacific	Cable Link	BPI	Batangas I Elec	Asialink	Bayan Telco	Boracay Water	Dragon Pay
Philippine Airlines	Central Luzon		Batangas II Elec	Cocolife	Digital Telco	Cagayan De Oro	Honeycomb Builder
	Cignal TV		Benguet Elec	CTBC Bank Corp	Globe Innove	Calumpit Water	Metro Turf Club
	Comclark Network		Cagayan Elec	Dragon Loans	Globe Postpaid	Clark Water	Peso Pay
	Converge Ict Sol		Cebu II Elec	Finaswide Credit	Globe Tattoo	First Peak	Phil Smile
	DCTV Cable		Cotobato Light	First MFI Net	PLDT	Good Hands Water	RS Property
	Hi-Tech Cable TV		Davao del Sur I	Golden Haven	Smart	Happy Well	Tagum Coop
	JMY Advantage		Davao Light	Global Dominion	South Iloilo Tel	Laguna AAA Water
	Leisure World		First Laguna Elec	Home Credit Phil	Sun Cellular	Laguna Wtr Distr
	Met Cable		Iloilo I Elec	Insular Savers		Mabalacat Water
	My Cloud Cable		Ilocos Norte Coop	Maybridge Fin		Manila Water
	Northstar Cable		NEECO II Area 1	Norkis Financial		Maynilad
	Parasat Cable		NEECO II Area 2	Paramount Life		Metro Cebu Water
	Pilipino Cable		Olongapo Elec	Pera Agad		Primewater
	Planet Cable		Pampanga I Elec	Phil Axa Life		Sorsogon Water
	Plus Cable		Pampanga II Elec	South Asialink		Sta. Maria Water
	Royal Cable		Pampanga III Elec	Sumisho Loan		Sta. Lucia Realty
	SanClemente Cable		Pampanga Rural	Unistar Credit		Tabaco City Water
	SKYCABLE		Peninsula Elec
	Smart Bro		Sorsogon II Elec
	Verdant Cable		Subic Enerzone
			Surigao del Sur
			Visayan Elec
			Zambales I Elec
			Zambales II Elec