AllBank and Dragonpay collaborate to boost QR payments for clients and merchants
AllBank signs a QR Payment partnership with Dragonpay to reshape the digital payments landscape and make financial services accessible to all. Seated from left to right: Mr. Robertson S.Chiang, CEO and Founder of Dragonpay, Mr. Jesus Vicente O. Garcia, President of AllBankand Ms. Digna G. Samonte, Chief Technology Officer
Manila, Philippines – AllBank (A Thrift Bank), Inc. has announced its partnership with Dragonpay to provide efficient and secure QR payments.
Through this partnership, Dragonpay users will enjoy a fast, easy and convenient mode of payment with the QRPh-P2M of AllBank. This will allow Dragonpay users to pay using their e-wallets and bank accounts from any QRPh-P2M participating institution at the comfort of their homes. Users will only need their mobile phones to scan Dragonpay’s QR Code for payment.
“We are very much delighted to collaborate with Dragonpay, as this marks another milestone for AllBank’s goal of expanding its digital payments initiatives and to make AllBank QR Payment Facility be accessible to our clients and to other consumers.” Jesus Vicente O. Garcia, President of
AllBank, said.
“AllBank is dedicated to digitally enhancing its banking products and services in order to improve the banking experience of our clients. AllBank is the first bank in the Philippines to adopt ISO 20022 in September 2021. The Bank started its QR Payment initiative for a cash-lite environment last 2021 as one of the pilot banks for QRPh-P2M. AllBank is the first thrift bank that became part of the BSP’s QRPh-P2M program.” Garcia continued.
“At Dragonpay, our mission has always been to empower businesses and consumers alike with a seamless and secure payment platform. Our commitment to continuously expand our payment options has led us to now encompass a network of 85+ payment channels, extending across over 35,000 branches nationwide. As we journey forward and our business continues to evolve, we see a significant opportunity in partnering with AllBank on further enhancing breadth of options and
convenience for our valued end-customers. Hence, this partnership aligns seamlessly with our common vision of prioritizing thepayment needs of every Filipino engaging in online transactions. With this endeavor, Dragonpay remains dedicated to its promise: ‘More ways to pay.'”, Robertson Chiang, President/CEO of Dragonpay said.
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About AllBank
AllBank is a leading innovator in the financial technology sector, dedicated to simplifying and enhancing the way people manage their finances. With a commitment to innovation and customer-centric solutions, we are reshaping the digital payments landscape and making financial services accessible to all.
Currently, AllBank has 2300+ QRPh Terminals and 100+ Merchants all over the country. AllBank also offers 42 different products and services to its customers and its market – the working-class individuals, as well asEntrepreneurs, Business Organizations, and Micro, Small, and Medium Enterprises (MSMEs).
Providing extended banking services for the convenience of its customers, AllBank has commenced its transformation towards Digitalization. To date, AllBank already has 14 digital banking products and services, with thousands of individual and business users across the country.
About Dragonpay
Established in 2010, Dragonpay is the pioneer in alternative online payments in the Philippines empowering businesses of all sizes, allowing
them to accept and disburse payments through secure and convenient channels giving their customers the flexibility to choose the payment method that’s right for them. Today, Dragonpay is partnered with over 3,500* merchants, 85* channel partners with 35,500* branches nationwide and has processed over 300* million transactions for online Filipinos globally. For more details, visit https://dragonpay.ph.
*Numbers may fluctuate