AllBank (A Thrift Bank) Inc. and RePay join hands to offer a safe and efficient payment solution that will help more Filipinos to easily manage their finances. CONTRIBUTED PHOTO
IN a significant move toward transforming the digital payment landscape through safe and secure cashless transactions, AllBank (A Thrift Bank) Inc. proudly announced the launch of its partnership with RePay.
RePay, a leading digital mobile wallet, enhanced its services through a partnership with AllBank, utilizing the advanced QR PH technology to offer faster and a more secure payment solution. This collaboration underscored RePay’s commitment in uplifting Filipino families by providing them with safe and easily accessible tools for managing and enhancing their personal and business finances.
Jesus Vincente Garcia, president and executive director of AllBank (A Thrift Bank) Inc., expressed his excitement on this new partnership, saying: “QR PH is the latest innovation that will push interoperability [toward] all business and end-users. This collaboration merges AllBank’s expertise to secure digital payments with RePay, a digital solution that is making waves in the local and global Filipino market.”
Mark Dela Cruz, president and chief executive officer of RePay, also expressed: “At RePay, we are driven by a vision to revolutionize financial access and efficiency across the globe, and our partnership with AllBank through QR PH technology is a vital step toward this goal. By providing secure, fast and reliable financial transactions, we are not just enhancing payment methods but also fostering a sustainable financial ecosystem that supports economic growth and empowers individuals and communities. Furthermore, this partnership strengthens our real estate platform, RealHolmes, enhancing property transactions with seamless financial integration that offers unprecedented ease and security for property management and investment. We are excited to see how these integrated services set new standards in the financial and real estate technology spaces.”
The two companies sealed the partnership at AllBank (A Thrift Bank) Inc.’s head office in Mandaluyong City last July 3.
AllBank (A Thrift Bank) Inc. has been providing specialized financing products and services, aimed at working-class Filipinos and business owners. This partnership would be a step forward in AllBank’s move to support financial inclusion.
Furthermore, integrating the QR PH payment system would make government transactions more accessible to a broader population segment.
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