AllBank, Inc. and 123 Finance Collaborate for Faster and Safer Payment Experience

AllBank, Inc. and 123 Finance Collaborate for Faster and Safer Payment Experience

AllBank and 123 Finance Corporation collaborate to deliver a seamless payment experience for customers. With the interoperability of QRPh, 123 Finance customers now have a safer and faster way to pay for their personal loans using their preferred mobile banking app or E-wallet.

This synergistic partnership with 123 Finance Corporation reflects the vision of AllBank in enhancing the digital payment landscape for a cash-lite environment in the country. This collaboration is expected to make a significant impact in the advancement of financial solutions, innovation, and customer-centric solutions.

Mr. Jesus Vicente Garcia, President and Executive Director of AllBank, expressed that, “We are pleased with this opportunity to work with 123 Finance Corporation by providing a secure, fast and reliable way of payment. We are not just enhancing the payment methods but we also support by providing affordable and reliable financing solutions for both new and returning land-based OFWs.”

“Our mission has always been to offer a quick, easy, and friendly loan service for our valued clients. Integrating QRPh into our payment system aligns perfectly with this mission, making it even more convenient for our clients to manage their finances. We look forward to more innovations that will help our OFW clients and their families fulfill their financial dreams.” said Mr. Reuben James Fischer, President and CEO of 123 Finance Corporation.

AllBank (A Thrift Bank), Inc., provides specialized financing products and services aimed at the working-class Filipinos and business owners. This partnership is a step forward in AllBank’s move to support financial inclusion.

 

123 Finance Corporation specializes in providing affordable and reliable financing solutions both for new and returning land-based OFWs. The story began with the belief that every individual seeking opportunity through an overseas employment, deserves a reliable financing partner to kickstart their journey so Overseas Filipino workers (OFWs) can focus on providing for their families while entrusting 123 Finance with their financial needs.