By The Manila Times
AWARD-winning and fast-growing bank Rizal Commercial Banking Corp. (RCBC) and Philippine pioneer brand in the outsourced payment collection system CIS Bayad Center Inc. (Bayad) have renewed their partnership by enabling inclusive financial services through RCBC DiskarTech and RCBC ATM Go.
RCBC DiskarTech is the country’s first multilingual financial inclusion application that allows users to deposit, save, withdraw and pay bills.
With its bills payment capability powered by Bayad, RCBC DiskarTech app users are now able to conveniently settle their bills for electric and water utilities, cable and internet, government contributions, loan payments, credit cards, school tuition fees, online shopping, insurance and many others. Apart from this, RCBC DiskarTech App users will now also be able to deposit funds and withdraw cash through Bayad Center branches.
On the other hand, RCBC ATM Go is the country’s largest bank-agnostic, mobile-point-of-system and grassroots-oriented automated teller machine (ATM) service. By partnering with MSMEs and local businesses in low-income, rural and remote communities, RCBC has emerged as the only universal private bank to have 100-percent coverage by servicing all 82 provinces, including geographically isolated and disadvantaged areas or GIDAs.
Today, RCBC ATM Go users can conveniently have their bank transactions such as balance inquiries, withdrawals, and fund transfers by simply entering their ATM pin on the point-of-sale or PoS machine at the nearest CIS Bayad Center Inc. in their area.
RCBC Executive Vice President and Chief Innovation and Inclusion Officer Lito Villanueva commends Bayad, saying: “For the past 26 years, Bayad has been committed to serving the Filipino people through easier outsourced payment and bills payment options. At RCBC, we stand for the same thing – making digital finance more accessible and easier for everyone. Through our renewed partnership, we are optimistic that we will further the financial inclusion goals of both RCBC and the Philippine government.”
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