GCash and AUB Partnership To Boost Merchant Acquisition In The QR Payment Space

Asia United Bank (AUB), one of the country’s fastest-growing publicly listed banks, has partnered with GCash, operated by Globe Fintech Innovations, Inc. (Mynt), an affiliate of Globe Telecom, Ant Financial (an Alibaba Group affiliate), and Ayala Corporation. AUB is the pioneer Philippine QR Partner of e-wallet giants WeChat Pay, AliPay and UnionPay. QR payment acceptance…

Cash In And Make GCash Do Your Bank Errands

You know how they say, sometimes, the thing you’re looking for is right in front of you? That’s exactly what your smartphone is—the solution to a lot of things that are probably wasting your time—things like queueing for over an hour at the bank so you could deposit money or pay your bills. See, if…

The 17th Citi Microentrepreneurship Awards Launched

The 17th Citi Microentrepreneurship Awards (CMA) that honors microentrepreneurs who have succeeded with the help of microfinance institutions, was launched at the BSP Executive Business Center Lounge. CMA is a joint undertaking of the Bangko Sentral ng Pilipinas (BSP), Citi Philippines and Microfinance Council of the Philippines, Inc. (MCPI), and funded by Citi Foundation. Honored…

PSBank Offers 5.6% p.a. Peso Fixed Rate Bond

Philippine Savings Bank (PSBank), the thrift banking arm of the Metrobank Group, is raising at least Php 3 Billion in Peso Fixed Rate Bonds from July 1 to 17, 2019. The 2-year bond is priced at 5.6% per annum with interest payments made every quarter and full principal paid out at maturity in 2021. “We…