Greenergy Holdings Inc., a listed company led by businessman Antonio Tiu, has signed an agreement with DITO Telecommunity Corp., the country’s third telecommunications firm, for various collaboration efforts aimed at expanding their businesses in the Philippines.
Greenergy said it will render commission-based lead generation services to DITO to lead the public to DITO-related programs and services through offline or online or digital means using its own system or the system of any of its third-party affiliates.
“The company and DITO will also collaborate in other areas through co-marketing efforts to support the expansion of DITO’s client base and at the same time promote the company’s digital initiatives,” Greenergy said.
The memorandum of agreement signed by the two firms will have a term of one year, renewable upon the agreement of the parties.
“This collaboration between the company and DITO will pave the way for the conversion of the company’s existing clients, partners, and affiliates to become DITO mobile subscribers, and will expand the Company’s vision to build a digital ecosystem for the agricultural sector under vision GREEN2030,” Greenergy said.
DITO, a company led by Davao-based businessman Dennis Uy, has just started its operations and is competing directly with telco giants PLDT Inc. and Globe Telecom Inc.
Greenergy said Singapore-based Aleta Planet is keen on partnering with the company for the issuance of virtual cards as well as cross-border money remittance services.
Under the proposed collaboration, Aleta Planet, a member of UnionPay International, will provide its proprietary technology solution to issue co-branded virtual UnionPay cards to individual clients through Greenergy and its affiliates. This will enable ease of payment collection and a fully digital cross-border money remittance service to UnionPay accounts.
Greenergy, in turn, shall promote the use of virtual accounts and cross-border remittance services to the customers and clients of its subsidiaries and affiliates.