Exchanges· ★★· neutral·

Pacquiao-Backed Manny Pay to Shut Down on Nov. 10

  • —Manny Pay ends all operations on Nov. 10; support handles transition queries until then
  • —Remaining balances auto-convert into Traxion Pay accounts via its mobile app
  • —Traxion Pay assumes sole responsibility for accounts and complaints from Nov. 11
  • —Launched Nov. 1, 2025, the wallet topped 500,000 downloads on Google Play
Why it matters: The shutdown of a celebrity-backed wallet shows that brand recognition and reach alone do not guarantee survival in the Philippines' crowded digital payments market.
Source: BitPinas