UBX powers up MaxiLife with digital payments collection

UBX, the leading open finance platform in the Philippines, and MaxiLife, the Philippines' newest Life and Health Insurance Company, have entered into a strategic partnership to develop cutting-edge, technology-driven products and services that will revolutionize the experience of MaxiLife customers.

Under the partnership, MaxiLife will leverage UBX’s verticals BUx, an end-to-end payment solutions platform, and Splix, a transact-now-pay-later platform, to offer its policyholders flexible and convenient ways to settle their premiums. 

With over 60,000 payment channels powered by UBX nationwide, MaxiLife customers now have various options to pay for their policies: Over-the-counter, online banking, e-wallets, and debit/credit cards. Thanks to the partnership, policyholders can also pay their premiums on an installment basis soon –  with or without credit cards.