In a move set to transform the way Filipinos handle financial transactions, AllBank (A Thrift Bank), Inc. announced a significant QRPh partnership with SAFC to promote digital payment services in the Philippines. Through this collaboration, the partners of SAFC will be able to accept payments from various banks and e-wallets via QRPh. This partnership is in line with AllBank’s objective to continuously expand its QR payment facility all over the country, and SAFC’s goal to make payments more efficient, convenient, and effective for millions of Filipinos, marking a crucial moment in the country’s ongoing digital transformation.
L-R: Allbank Legal Counsel Atty. Carlos F. Romulo, Allbank Kawit Branch Manager Analyn A. Castada, Allbank Chief Technology Officer Digna G. Samonte, Allbank President Jesus Vicente O. Garcia, SAFC Chief Finance Officer Jocarl G. Zaide, SAFC Chief Credit and Collections Officer Leo S. Manabat, and SAFC Corporate Communications Group Head Robel G. de Jesus
“QRPh is the latest innovation that will push interoperability further towards all businesses and end-users in the country. This partnership with SAFC promotes financial inclusivity and efficiency. As AllBank and SAFC collaborates, it is expected to create a significant impact in the financial system in the country as we empower the social progress of our fellow countrymen. It is a game-changer in the overall financial landscape of the country” Jesus Vicente O. Garcia, President and Executive Director of AllBank said.
The collaboration makes use of the national standard for QR code payments in the Philippines, which enables smooth bank and e-wallet transactions. Jocarl Zaide, Chief of Finance at SAFC, stated, “Through this partnership, we are not just enhancing our service offerings but also contributing to the broader goal of financial inclusion in the Philippines.” AllBank (A Thrift Bank), Inc., provides specialized financing products and services aimed at working-class Filipinos and business owners. This partnership is a step forward in AllBank’s move to support financial inclusion.
SAFC remains dedicated to their mission of offering innovative financial solutions that cater to the evolving needs of Filipinos. SAFC’s continued investment in technology positions them uniquely to lead and inspire in the financing and lending industry, making financial services more inclusive and accessible nationwide.
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