AllBank (A Thrift Bank) Inc. and PisoPay, a financial technology and licensed remittance company, recently launched their partnership for QR payments in the Philippines.
The collaboration enables PisoPay users to seamlessly scan any P2M QR code as a payment method, offering greater convenience and efficiency for both consumers and merchants.
“This partnership represents a significant stride toward enhancing financial accessibility and convenience for individuals and businesses across the country,” said AllBank president and executive director Jesus Vicente Garcia.
The integration of QR payments aligns with the Bangko Sentral ng Pilipinas’ (BSP) initiative to promote digital payment adoption and move the country towards a cashless society.
PisoPay.com Inc. president Ariel B. Surca said the partnership simplifies the payment process for customers and merchants, aiming to provide an efficient, secure, and user-friendly payment solution.
