RBank picks BPC for paytech revamp and financial inclusion drive
Robinsons Bank (RBank) in the Philippines has chosen paytech provider BPC and its flagship SmartVista payments platform.
The new software will replace legacy systems at RBank and will be used to launch the bank’s new credit card issuance solution and support its new virtual card.
BPC says it was selected based on its experience and local presence (it has been operating in the Philippines since 2004).
“We are operating in a highly competitive market and need to bring new products to customers quickly and effectively,” says Maire Karabel D. Dadufalza, head of cards at RBank.
“With a dynamic and constantly changing innovation roadmap, we are thrilled to be working with an agile technology partner that supports our enthusiasm for growth and new product development.”
The Philippines has a population of over 100 million people spanning over 7,000 islands, but over 70% of Filipinos remain unbanked.
“This is the start of a ground-breaking collaboration,” Eugene Gutierrez, SVP, country director Philippines at BPC, comments on the deal. “We do not see a vendor and client relationship but rather a partnership to co-innovate and drive digital financial inclusion across the Philippines.”