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!

The City of Marikina Goes Cashless with PayMaya

Looks like it will be easier to pay taxes and government dues as the city of Marikina just started to roll out contactless payment in the city as they have started ties with PayMaya. This means residents of the city and those transacting with their offices can now pay for things right in the comforts of their home or anywhere as long as they are connected to the internet and use the PayMaya app. The Marikina online portal accepts credit, debit or prepaid cards and the PayMaya Wallet which can be loaded by cashing on from bank accounts or any PayMaya partners. PayMaya collaborated with the Development Bank of the Philippines and this has been welcomed by the city Mayor himself.


Marikina City Mayor Marcelino Teodoro says "With this initiative done by PayMaya and DBP, we empower our constituents with a safer way to pay for taxes. They can now also pay other fees online while in the comforts of their home. They don't have to physically go to the city hall during the pandemic. This will allow us to continue delivering critical services to our community and the public."

PayMaya Founder and CEO Orlando Vea says "Enabling the public to have digital payments is the way to go and we thank the city of Marikina for leading the way for cashless solutions in local governments. We are ready to have more people access digital financial services during this time."

There are over 60 national agencies and local government units that have had cashless solutions powered by PayMaya including budget disbursements so they get money for projects safer and faster. Aside from that, other agencies like the Bureau of Internal Revenue (BIR), Social Security System (SSS), Home Development Mutual Fund or Pag-IBIG, Department of Trade and Industry (DTI), Securities and Exchange Commission (SEC), Land Transportation Office (LTO), Bureau of Customs (BoC), and the Department of Foreign Affairs (DFA), and cities like Manila, Mandaluyong, Quezon City, Pasig, Caloocan, and Valenzuela have already adapted PayMaya payment channels. It's easy and cashless so it's also safe for everyone.

You can also pay for groceries, medicine and tons of other things using the app. You also get the chance to earn cash back in each transaction as they regularly have promos that would get you perks when you pay through QR, transfer funds, pay bills using the app. Now don't say I didn't tell you about it, go download the PayMaya app today!

Smart Launches World's First Pay With Load Service for App Store andiTunes!

It's here and it's the biggest announcement yet this 2015. It's something we're all excited about because it's the first time a telco would do it in the Philippines. Actually, let me correct myself, it's the first in the world to ever do this, to integrate things to have "internet for all". Smart wants to bring the Internet to Filipinos even more. It's in their  DNA to provide online payment solutions especially for those who don't have credit cards.

No need to maintain an account, you use the full power of your apple decices and pay with your prepaid load or postpaid accounts. See? It's that easy! This is called "Pay with Mobile" and doing it is easy!

Step 1 Text the word REG to 4949, you'll receive your confirmation together with account details. 

Step 2: Enter the details of your account on the APPLE ID MENU. Your Philippine address, card number and security code.

Step 3: Then go ahead and purchase your games, apps and in app add ons and you'll use the details you indicated earlier.

Since it's convenient, you get charged like 15% on top of your purchase. That consists of 12% VAT and other fees by the government. Itunes will also be providing after sales support if you encounter any problems with it. The roll out will be on February 16 and full availability will commence on February 18. Now there's no more reason to be taken advantage by Android users when playing Clash of Clans. See what I mean? :) 

Every purchase, you'll get a notification. So if your kids fiddle around with your ipad or iPhone, you'll know it. There's also an option to opt off by texting OFF to 4949.

It's EASY, CONVENIENT and DIRECT to use the biggest innovation yet by the biggest network, that's SMART!

For more information about their services:

Smart Communications

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http://smart.com.ph/