How to Start a TrueMoney Franchise in the Philippines

TrueMoney is an added service you can incorporate to an already existing business to generate extra income and customer traffic; This is made plausible through answering the growth of demand for electronic services even to far-flung areas of the Philippines making TrueMoney a desirable opportunity to add to your store.

Instead of exclusively franchising a business, the Thailand based company TrueMoney offered entrepreneurs with physical stores the ability to become their community’s reloading, bills payment, padala and remittance station, all while given the freedom to sell the entrepreneur’s products.

About TrueMoney Franchise

truemoney franchiseTrueMoney was established in 2003 in Thailand and later on expanded through neighboring countries namely Vietnam, Cambodia, Myanmar, Indonesia, and the Philippines while continuously opening doors to other countries to spread their market.

The success of TrueMoney is shared with their two shareholders; The first one is the Ascend Group, known as the leading e-commerce company and digital services in South East Asia in 2017. Their mission to give opportunities to all reflects TrueMoney’s setting up the procedure of accepting even small sari-sari stores to become a part of their growing centers.

The second shareholder, Charoen Pokphand Group one of the largest conglomerates around the world and Thailand’s most prominent private company associated with their various field of business and services.

TrueMoney does not offer franchising, but agency, though.

TrueMoney Agent Requirements

The following are the requirements needed to become a TrueMoney agent.

  • Physical Store
  • Mayor’s Permit
  • DTI Permit
  • Valid ID

Reminders:

  • Regarding the fees, there are no posted total amount required to establish a partnership with TrueMoney Agent.
  • Every aspiring partnered store are subjected to undergo evaluation; Therefore submission for an application doesn’t guarantee approval.
  • The prioritized businesses are stores based in from North Luzon, Bicol, Visayas, and Mindanao.

The Benefits of becoming a TrueMoney agent

True-Money-franchise

Earn more money

When you become an agent of TrueMoney, you’ll be provided with the ability to offer services listed below:

  • Load
  • Bills Payment
  • Padala
  • Remittance

Generate more traffic

Loading stations, padala/remittance and other services which you can provide once you become an agent are all highly demanded services by the community, which can result to generating higher customer traffic to your store and this equates to more income.

Become a Part of a growing international network

You’ll become a part of the 45,000 TrueMoney Centers around the Philippines and South East Asia.

Low Start-Up Investment

TrueMoney did not state the specific cost required to become their agent; However, the demeaning factor to be considered is to have a physical store in your possession where you can readily set-up as a TrueMoney center.

TrueMoney Support

TrueMoney grants its agents marketing and merchandising support from the company. As seen to some TrueMoney agents, this may translate to giving you tarpaulins and banners indicating the services you can offer to your customers.

Quick Set-up

You don’t need to invest in computers and printer since TrueMoney provides their agents with a POS terminal to accomplish the services of reloading, payment, and others.

TrueMoney Contact Information

To start your TrueMoney franchise / center, you can call them at:

  • #88866 (free for landline calls)
  • (02) 718-9999
  • Globe: 0977 806 3773
  • Smart: 0998 565 9999

The Disadvantage of becoming a TrueMoney Agent

Through checking the perks and requirements of TrueMoney, there is no defining disadvantage a partnered agent can get through signing up to them.




57 responses to “How to Start a TrueMoney Franchise in the Philippines”

  1. richard custodio says:

    Hello,

    Im planning to put truemoney bsiness in my area. Can someone assist me?. Thank you very much.

    Richard Custodio
    09950064526

  2. Ester R. Balbuena says:

    nais ko po sana maging truemoney agent…papaano po ba?..meron po ako nung mga requirements na hinahanap nyo…please reply po…salamat

  3. Rosalinda Rosita Matienzo says:

    Nais kong maging TRUE MONEY AGENT saan at paano ako mag sa submit ng requirements? Nakahanda na lahat ng requirements. Salamat sa agarang pag sagot sa aking katanungan. Salamat po

  4. leonor oberos says:

    how to aquire a true money franchise?

  5. Lea Angeles says:

    Paano po pg walang physical store pero may space po to put on para maging agent, pwede po ba?

  6. Janeth D. Manzano says:

    Nais ko po sana mag start business ng True Money nais ko po malaman saan pwede mag submit ng requirements po. Thank you po

  7. Amelita L. Candelaria says:

    Gusto ko po maging true many agen

  8. Amelita L. Candelaria says:

    Paano. Po maging truemoney agent. Im interested

  9. maricel barbas says:

    hi how much po investment to.become a true money agent?

  10. Lailani Emperio says:

    Tinatawagan ko po yung contact numbers na nakapost sa inyo pero hindi naman po nakocontact..Gusto ko po sanang maging agent ng truemoney..09420130737

  11. Rolando Perin says:

    Hi inquire po ,paano pag barangay permit lang ang store

  12. Jean Familara says:

    Gusto ko pong magbusiness nito. Dito ako sa isang res. sub. And planning for a store business too at gusto kong idagdag nito as additional income. Ano pong mga requirements. At saan ipapasa ito.
    Salamat.

  13. Sussita S.Pandes says:

    Panu po.at saan po pwedi mag apply pls pm me tnx

  14. Liza B.Bonifacio says:

    Pano po maging truemoney agent,interested po kasi ako,..Thank you..

  15. Carol baac says:

    Gusto ko pong maging truemoney agent, how? Magkakano registration

  16. Carlos P Abolar Jr says:

    Mam, magkano yung minimum Franchise ng isang True Money Agent? Meron na akong puesto or store.

  17. Jean Rose Sigue says:

    Hello po. Whay if walang physical store pero may business permit kasi homebased o online business po kami. Maari pa din bang mag avail nito?

  18. Elizabeth franco says:

    Intresado po akong maging Truemoney agent,Paano? magkano ang fees at requirements?

  19. Elizabeth franco says:

    Intersted po akong maging Truemoney agent? Pano? Magkano po ang fees at mga requirements?

  20. cristine cañanes says:

    hi po mag iinquire po sana ako about sa truemoney. anu2 po mga requirements and kng mgkano ang fee? thanks

  21. Fred Ocideben says:

    I’m interested to be a True Money Agent. Please, could you give me the full details and franchise fee being an agent.
    Thanks

  22. Elmey Liska says:

    Want to be a true money agent here in Puerto Princesa. How much is the needed capital?

  23. aileen gumabay says:

    how can i acquire true money business?

  24. Christine says:

    Interested po sana ako maging true money agent. Ask lang sana kung pano and more details, please. Thank you.

  25. Crispiniano Tugade says:

    Gusto ko pong maging truemoney agent.magkano po ba kailangan.may pwesto na po ako…thanks po

  26. janice v solomon says:

    Hello i want to be. True money agent. We have a physical store

  27. Ma.Rosevyl Perez says:

    Gusto ko po sanang maging agent ng true money paano po ba meron po akong requirements…wala pa po kc dito sa area namin .. salamat po ..09465332166

  28. ma. noemi s. pascual says:

    mga inquire po sana about through money how much po? at ano2 po g requirements pano po f baramgay permit lang ako mayron

  29. Alexander Nas says:

    im interested to put up a TRUE MONEY outlet in our area. What are the requirements and
    and how to obtain TRUE MONEY business?

  30. Alexander Nas says:

    i’m interested to put up a TRUE MONEY outlet in our area. What are the requirements and
    and how to obtain TRUE MONEY business?

  31. Judylyn tande says:

    Magkano po ang registration f ever po ba na remittance center na pwede parin ba?

  32. Judylyn tande says:

    Hi po,
    Pano po maging tru money agent?
    Salamat sa reply.

  33. Jonie marie bungabong says:

    Hi po, balak ko po sana magdagdag ng true money s sari sari store n bubuksan dis january. Panu po mgfrancise & magkano po fee? Thank you po

  34. Lester Allan L. Lopez says:

    Gusto ko maging true money agent,paano po ba maging true money agent dito po ako sa bicol sa albay po….

  35. rs fuerte says:

    pano po maf apply ng true money agent mafkano po babayaraan or ano po requirements..?

  36. beatriz delremedios says:

    interested tobe Truemoney agent paano po pm po

  37. rachel ann perez says:

    hi i want to become a true money agent, but i don’t have the physical store. i actually have a sari sari store inside my house. would it be qualified 2become your agent?

  38. Aiken Villanueva says:

    Hi. Can a franchisee of Bayadcenter still framchise tru money?

  39. Angelina Vecino says:

    Barangay clearance lng po ako meron sa ngayon ..pwede po ba un muna ..salamat po

  40. wilfredo reginaldo says:

    paano po mag apply? at saan po ako mag apply? meron akong tindahan.

  41. Arnie Angeles says:

    I want to be a TrueMoney agent. Who is the person can I talk? Tnk you.

  42. Ghreyz says:

    How much do you charge for the franchise?

  43. MJ Castillo says:

    Interested po ako. pwde pong mahingi yung full details and franchise fee para maging agent ? thanks & God Bless po 🙂

  44. Cedrik Lacbau says:

    How to start true money

  45. Leonor fabaan says:

    How to be truemoney agent?

  46. Yvan says:

    Hello good Day po i have plan po nag maging agent ng True money abd i have a Few Requirements the Brgy, business Permit and DTI Business Permit..kulang ko nalang po ay Mayors permit please for more Details and how to avail po.. This is my Cobtact number 09663353465

  47. Prisca ragas says:

    Nagfill up na po ako ng application sa truemoney sana po ma approved complete na po yung aking requirements mayron po akong store

  48. Maria Charina Martin says:

    Hi, i want to inquire about the franchise, i don’t have a physical store, but i have business permit and i used ny home address cause my business is actually more on buy and sell.

  49. Shayne says:

    Paano po maging True Money Agent?

  50. Kristelle Villacarlos says:

    Hi we will soon open a convenience store similar to 7-Eleven and we would like to have true money services in our store. Our store will be located in Old Holy Spirit School Building Jacinto Borja and Remolador Street Tagbilaran City Bohol. I would be very glad if someone can assist me with our application.

    Thank you very much.

    Best regards,
    Kristelle
    0923 5656 463

  51. Anielyn A. Urbanozo says:

    Im interested to be a true money agent. Please could you give me a full details and franchise fee being an agent.

  52. Rebecca Sandagon says:

    Good day,anu po ba ang requirements sa pag put up ngbills payment business?i’m interested po,kindly assist me.thank you

  53. Maria Charina Martin says:

    How to be an agent and how much investment needed. Thanks

  54. GLAIZA San Juan says:

    Gusto ko po sanang mag apply Ng truemoney.

  55. Karen says:

    Hello, I am a regular employee and would like to have an extra income. Am I qualified to join true money even if I dont have existing business?

  56. Ted Colorado says:

    Gusto ko maglag ng true monry sa botika namin papaano at sino ang contcat person

  57. Ted Colorado says:

    how po mag apply ng true money

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