Wallyt Partners Asia United Bank to Accept Mastercard’s QR Code in the Philippines

Wallyt Partners Asia United Bank to Accept Mastercard’s QR Code in the Philippines

by January 12, 2022

Wallyt, a Hong Kong-based digital payment and open banking solutions provider, has partnered with the Philippines’ Asia United Bank (AUB) to launch a card payment acceptance solution for merchants via a card QR code or link.

Through the strategic partnership, AUB PayMate’s merchants can accept Mastercard payments without incurring additional cost for the payment terminal just by enabling them with a secure card QR code or link.

With the new payment option for AUB PayMate merchants, customers only need to use a smartphone camera to scan the card QR code displayed at the AUB PayMate merchants’ stores.




The customer will be directed to a secure AUB PayMate checkout page, encode card details and the one-time password (OTP) from the card issuer, to complete the transaction.

Merchants can also check the payment status real-time using the AUB PayMate app or portal.

Since its AUB PayMate merchant QR acceptance platform launch in 2017 via WeChat Pay, AUB has been working closely with Wallyt to continuously innovate on its digital payment acceptance platform.

To date, AUB PayMate accepts payments from Wechat Pay, Alipay, UnionPay QR, Thai QR, SG PayNow, GCash, GrabPay, InstaPay, Home Credit, Shopee Pay, QRPH and now Mastercard.

Mags Surtida, AUB First Vice President and Cards & Acquiring Business Group Head.

Mags Surtida

“AUB PayMate merchants have been trained to accept QR payments since we started in 2017 as an e-wallet/QR payments acquirer.

 

We want them to have the same digital payment acceptance journey by providing them with a card QR code to accept Mastercard payments,”

said Mags Surtida, AUB First Vice President and Cards & Acquiring Business Group Head.

Tong Liu, Wallyt CEO

Tong Liu

“Our partnership with AUB all these years marks an important milestone and long-term cooperation as we have launched numerous digital payment services in the Philippines.

 

As digital banking continues to drive innovation, Wallyt is committed to working with our banking clients by providing a best-in-class digital payment experience,”

said Tong Liu, CEO of Wallyt.