Showing posts with label Asia United Bank. Show all posts
Showing posts with label Asia United Bank. Show all posts

Sunday, July 21, 2019

AUB and GCash partnership to boost merchant acquisition in the QR payment space

Asia United Bank (AUB), one of the country’s fastest-growing publicly listed banks, has partnered with GCash, operated by Globe Fintech Innovations, Inc. (Mynt), an affiliate of Globe Telecom, Ant Financial (an Alibaba Group affiliate), and Ayala Corporation.

AUB is the pioneer Philippine QR Partner of e-wallet giants WeChat Pay, AliPay and UnionPay.

QR payment acceptance enabled close to 7,000 merchant outlets in the country to accept QR payments from Chinese tourists in a span of 1 year.  It launched the AUB PayMate, a mobile app, a web portal and an API that allows AUB to service merchants operating in different payment acceptance environment, whether self-employed, small & medium businesses or large retail chains.