AllBank and PearlPay have joined forces to offer QRPh-P2M payment transactions
Manila, Philippines – AllBank (A Thrift Bank), Inc. officially announced the launch of its groundbreaking QR Payment partnership with fintech company, PearlPay.
Under the partnership, AllBank aims to extend the reach of its QRPh-P2M to the merchants and customers of PearlPay, enabling seamless, secure, and convenient transactions.
The QRPH leverages the power of Quick Response (QR) code technology to redefine the way people conduct transactions. This innovative solution eradicates the need for physical cash or even traditional card payments, making transactions as simple as scanning a QR code using a smartphone.
AllBank President and Executive Director, Jesus Vicente O. Garcia, said that, “With this partnership, AllBank and PearlPay are poised to make a wider impact. Users can make payments at participating merchants both domestically and soon, internationally, fostering a seamless experience regardless of geographical boundaries.”
“We are thrilled to partner with AllBank to launch this revolutionary QR payment solution. With the increasing adoption of smartphones, QR payments offer a convenient and secure alternative to traditional cash transactions. We are confident that this collaboration will play a crucial role in accelerating the digital transformation of the payments landscape.” Jonas Bill M. Martinez, President and Chairman of PearlPay.