GO cashless and contactless – Robinsons Bank adopts QR PH for merchants
More than ever, it’s now
easier to go cashless and contactless to send and
Robinsons Bank is among the
first seven financial institutions that have implemented QR PH, an
interoperable QR code for merchants, as mandated by the Bangko Sentral ng
This means that RBank merchants
with the RBank QRPH code can now accept QR code payments made from other banks
and e-wallets; and RBank account holders can take advantage of the contactless
payment solution by scanning and paying to any participating store with an
interoperable QR code.
“We are excited to be one of
the first to adopt the QRPH standard. This allows our Merchants wider
reach and offers our clients quick and hassle-free payment options. Expect to
see more merchants displaying the RBank QuickR payment QR code, especially
within Robinsons Malls. Customers can begin to enjoy the safety, security
and convenience of paying via QR soon,” Mr. Albert Raymund Tinio, SVP and
Merchant & Acquiring Head stated.
The roll out of the
interoperable QR code for merchants is part of BSP’s initiative, the Person to
Merchant (P2M) QR Payments, which was virtually launched last April 30.
According to BSP, the
initiative aims to make digital payments more accessible for micro, small, and
medium enterprises (MSMEs), giving them the opportunity to make use of a safer,
easier, and more affordable digital payment solution.
Early this year, Robinsons Bank
also implemented the use of an interoperable QR for person-to-person
transactions, allowing RBank customers to send and receive funds from other
As times continue to change,
Robinsons Bank strives to fulfill the needs of its customers by empowering
them with seamless solutions that will help them grow their business.
Robinsons Bank is the financial services arm of the JG Summit Group of
Companies, one of the largest conglomerates in the Philippines. It currently
ranks 18th among universal and commercial banks in the country, with assets
amounting to Php 151.215 Bn as of December 2020. The Bank is recognized as the
Fastest Growing Commercial Bank in the Philippines for 2020 by the Global
Business Outlook; and the Best Commercial Bank in the Philippines for 2020 by the
International Business Magazine. RBank was
also recognized as an Outstanding Employer at the PH Best Employer Brand Awards