ALLBANK (A Thrift Bank) Inc. or AllBank together with Unacash, an in-app and in-store financial solutions provider, form a strategic partnership to revolutionize financing processes that aim to benefit both merchants and consumers.

Under the agreement, AllBank and Unacash will collaborate to deliver a seamless payment experience for customers. This will allow the customers of Unacash to have a safe and convenient way of payment using QRPH.

With the interoperability of QRPH, Unacash shall be able to send and receive payments in near real-time from various banks and e-wallets.

"This synergistic partnership with Unacash reflects the vision of AllBank in enhancing the digital payment landscape for a cash-light environment in the country. This collaboration between AllBank and Unacash is expected to make a significant impact in the advancement of financial solutions, innovation and customer-centric solutions. With highly digital products and services, AllBank is committed to providing extended banking services to improve the banking experience of customers. As one of the banks to be part of BSP's QRPH P2 million program in 2021, AllBank's mission is to boost digital payments — especially the QRPH — and we believe that a partner like Unacash will play a pivotal role in achieving this mission," AllBank President and Executive Director Jesus Vicente Garcia said.

Aleksei Kosenko, president of Unacash operator Digido Finance Corp., added: "We extend our deepest gratitude for the opportunity for a robust collaboration between Digido Finance Corp. and AllBank Inc. Our partnership marks a significant milestone for our organization as we move forward to enhancing digital transactions. This aligns with our commitment in advancing our in-store and in-app financial solutions provider Unacash to deliver a platform that ensures a seamless and secure payment gateway to our esteemed partners and valued customers."