Globe, PSBank in e-banking partnership
Globe Telecom Inc. and Philippine Savings Bank have entered into a “strategic partnership” that would result in electronic banking services being made available to more mobile phone users in the country.
In a statement, the Ayala-controlled telco and the thrift banking arm of the Metrobank Group said they would jointly offer electronic banking for PSBank clients who are also Globe subscribers.
Under the scheme, Globe users with registered PSBank accounts can access the bank’s electronic banking service anywhere they are, anytime of the day to do various financial transactions such as payments, account inquiries and reloading from their PSBank account to their enrolled G-Cash wallet and vice-versa.
PSBank account holders who have enrolled for subscription will also receive bank alerts for debit transactions, below-minimum-balance advisories, and bills payments. They will also receive relevant and up-to-date information and important announcements through text from PSBank.
“We are proud to have PSBank as a partner in the expansion of its mobile banking channel and we value the opportunity to offer relevant services to thousands of PSBank and Globe customers,” said Globe president and CEO Ernest Cu. “PSBank’s network of ATMs nationwide also gives Globe and TM subscribers another means to reload their prepaid numbers anytime they want.”
The partnership will also enable Globe subscribers and PSBank account holders to use the prepaid service of PSBank for reloading their Globe Prepaid or TM accounts. This service is available through the bank’s website, its more than 400 ATMs and about 180 branches nationwide.
It will also be available through the mobile banking service in the near future.
With more than 70 partner-banks across the country, Globe’s G-Cash service has bridged a number of communities in the Philippines by making financial transactions secure, faster and easier with just a text message. So far, G-Cash transactions with accredited banks have already exceeded the P5-billion mark.
