Digital advances have made a huge impact on our lives. Communication has become faster, knowledge has traversed to unforeseen areas and education has become accessible to more people. Because of digital technology, a better tomorrow is within reach.
Another benefit of the digital age is the ease that it gives people in managing their lives and responsibilities, such as completing important transactions for financial obligations.
POSIBLE, a top player in the digitalpreneur industry, offers the ease and convenience in bills payment and digital transactions for people who don’t usually have ready or easy access to banks and other financial institutions. POSIBLE also bolsters revenue opportunities for small businesses because of the technology that it offers.
“Everyone deserves access to a better life. Everybody deserves the convenience that digital technology offers. So whether it’s using POSIBLE as a customer or using it to advance your business as a Kantopreneur (small business), POSIBLE has something for you,” explains POSIBLE CEO, Mr. JG Puzon
In this digital age of financial transactions, sari-sari stores are challenged to keep up with this trend. POSIBLE, a leading community-based digital transactions provider, is committed to making these digital financial services available to MSMEs (micro, small, and medium enterprises). With the POSIBLE Business Device, more kantopreneurs (kanto-entrepreneurs) are evolving into all-in-one digital hubs in their communities.
Utilizing fintech, the POSIBLE Gen2 Machine offers comprehensive services, including utility bills payment, select government fees, money services like cash withdrawal and deposits, micro-insurance, mobile loading, online gaming credits and ticketing.
Such consumer convenience and business potential that were once only available to the chosen few are now available to all, including simple, hardworking individuals, such as the 73-year-old street food vendor Elena Bañares. Lola Elena shares that before she had a hard time paying her bills on time. She remembers being left to tears because she couldn’t get a ride to a faraway payment center where she would settle her dues.
She is now paying her electric and water bills through her neighbor, Narlyn Baria, who is a POSIBLE retailer. “Kaya hindi ako napuputulan dahil nga sa kanya,” Lola Elena explains. Even though there is a slight delay in her payment, she is still able to update her bills, “Mabuti nakakahbol ako kasi mabilis nga,”
Manang Narlyn, a former secretary in a cooperative, took out a loan to purchase an affordable second-hand POSIBLE Gen2 machine and started her digital retail business in 2016, offering remittance, bills payment, and prepaid loading services to neighborhood patrons, such as jeepney drivers and other small business owners. She has overcome the challenges she had faced in running her business, such as having earned more than enough to pay back her loan and earning the trust and loyalty of her demanding customers who now frequent her sari-sari store. “After ng one month, dire-diretso na customers ko,” she said.
Manang Narlyn is now able to help a lot of people quickly and effectively because of POSIBLE. Thanks to prominent signage and regular mentions and promos of the POSIBLE service on the popular noontime show Eat Bulaga, she has since grew and converted her modest sari-sari store to a convenient, one-stop, “drive-through” digital business center for jeepney drivers and other customers for financial transactions. These suki patrons can choose to entrust their transactions with Manang Narlyn, who would list them in her logbook for subsequent processing.