GLN International, led by its CEO Kim Kyung-ho, has signed a Memorandum of Agreement (MOA) with Asia United Bank (AUB), a publicly listed bank in the Philippines, to launch the QRPh cross-border payment service.
AUB expands coverage of e-wallet platform philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
Rebisco-led Asia United Bank has partnered with Alipay+ of billionaire Jack Ma’s Ant Group to allow cross-border payments and provide a seamless payment experience.
AUB PayMate One of the fastest-growing and publicly listed universal banks in the Philippines, Asia United Bank (AUB) has enabled its AUB Paymate merchants to accept Mastercard payments via QR Code, eliminating the cost attributed for sellers and merchants to invest in costly point-of-sales (POS) o
Screengrab from BSP Facebook page MANILA - A bank executive has cited the Bangko Sentral ng Pilipinas' (BSP) payment system using the quick response (QR) code as a catalyst to further boost digital payments in the country. In a virtual briefing on Wednesday, Asia United Bank (AUB) executive vice president Wilfredo Rodriguez Jr. said the interoperability of the codes under the QR PH program, which uses QR technology in financial transactions, provides great potential for electronic payments. He said the bank's app-based digital prepaid bank account product, Hello Money, will greatly benefit from the QR PH program, especially with the increase in the merchants that account holders can easily do transactions with. "We really see a lot of potential for these QR payments. We have onboarded a lot of merchants and definitely, coupled with the QR PH interoperable QR PH QR codes, we definitely see more digital payments." he added. QR PH is among the programs of the central ban