UnionBank Launches UPAY

 

Union Bank of the Philippines just recently held its 12th E-Media TalkTales to talk about how UnionBank SME Business Banking can help MSMEs start their business through UPAY, an all in one fully digital payment acceptance hub.

James Ileto the Head of Corporate Media for Unionbank says "We're in the golden age of E-Commerce in the Philippines and a lot of businesses have registered their businesses online. The enterprising nature of Filipinos is seen to continue in the next few months. It's growth, and higher demand for digital payments happens as economic recovery trails in the country. Unionbank is empowering Filipino entrepreneurs which is why we're launching an MSME solution today."


Jaypee Soliman the VP for Customer Segment Management Head for Unionbank says "More than a million of MSME's have registered in the recent year, it's an area of huge opportunities especially because of factors that have forced us to transform digitally. The MSME segment is vast, but customer interaction should be common. Digital channels should be taken advantage to reach more clients. 34.5 percent now have bank accounts and digital payments to stay connected with customers. Shopee, Lazada, social media platforms, even Viber are putting up seller platforms. Storefronts should have digital payments. The need to digitize payment collection should be easy to understand, properly be accounted for. We at Unionbank went straight to customers, businesses don't need fancy solutions, but relevant ones. It's not about the business alone, but the community. It's about customer experience, who is there to help them? Platforms for MSME's have been in Unionbank that are specially designed for MSME entrepreneurs. From opening bank accounts, business loans, local and international bank transfers, bill payments, mobile check payments and more. This is UPAY for MSME's. It's got fully digital entrollment and instant activation, showcases multi channel collection capabilities, usability in multiple types of transactions, low cost entry."

Gerry Austria the Merchant Acquiring Payment Gateway Head for Unionbank says "The numbers are promising especially to our existing MSME clients. Clients have access to the app, in a month or two, they will be more aware and getting UPAY for MSME's out there. This app will level the playingfield than bigger merchants. Previously only bigger corporations have access to it, we're making it easier. Around 1 Million businesses is our target, ambitious, but perhaps more. When we designed UPAY we wanted to do away with the hassles to set up payments. We made it accessible, not much forms, just download the app. You don't need to be in the actual store for someone to pay you, you just create payment links and send it to the customer. Convenient to all parties."

This is convenient and knowing that it's all digital is reassuring. I can't wait to try it out myself soon!

Your Mission: Accomplish #PayMayaPayDaySave Steps and Get Php 1,500

Money doesn't really grow on trees these days and as soon as you see an opportunity to earn some, why not do it right? Well our friends from PayMaya are in a giving mood now, so they're giving you a chance to get Php 1,500 worth of cashback by just following a few things. See if it fits you!

This November 8-17, you must complete these steps to earn it. First, pay for your Meralco bill via the Bills Payment optins on your Paymaya app. You can get Php 500 worth of savings if it's the first time you are paying for it in the app.Second, just simply Cash In on your Lazada Wallet. If you use your PayMaya to cash in at least 2K bucks, you'll get 10% cashback (til Php 500). Step 3, you can get Php 500 if you purchase Php 300 on the PayMaya Shop, Send 1K worth up to three other PayMaya users, then Cash In at least 2K on your Lazada wallet. You can do all these on PayMaya. There's a dedicated mission button on your PayMaya app that indicates if you've done the deed. It'll be fun and you can earn the cashbacks afterwards, who wouldn't love that right?

Make sure you follow the directions to a T so you can earn that much. It's no rocket science, getting one or two done would be nice too.

Watch Joel Lamangan’s LOCKDOWN via GMovies

I'd go on to say that LOCKDOWN has been Direk Joel Lamangan's best work yet. It talks about a young overseas Filipino worker (OFW) that has been affected by the pandemic. He lost work, came home to the Philippines and found himself struggling, forcing him to work and enter the grueling world of cyber $3x so he could provide for himself, his family.

This film stars new Star Magic talent Paolo Gumabao, son of then politician and actor Dennis Roldan. He plays the role of Danny Asuncion in a script written by Troy Espiritu. GMovies and Upstream.PH partnered up so they can show this to a wider audience, and make the experience of paying for a movie seamless, secured, especially during these times.

You can download the GMovies app on Google Play or App Store if you're in iOS. You may also visit GMovies.ph for more information about it. This is an R18 film, so please make sure you're old enough to watch it.