Philippines’ Post Office Partners With UBX to Drive Financial Inclusion

Philippines’ Post Office Partners With UBX to Drive Financial Inclusion

by July 13, 2022

The Philippine Postal Corporation (Post Office) has partnered with UBX, a fintech unit created by the Union Bank of the Philippines, to launch a capacity development project which will allow the postal agency to offer financial services.

Under the partnership, UBX will provide the necessary technical knowledge in digital finance and open finance to enable the Post Office to provide its customers with the necessary financial services through its network in cities and municipalities nationwide.

The Post Office will be able to offer services such as disbursements, fund transfers, cash withdrawals, loan applications, payments, insurance, and collections, among others through the “Kasama Lahat” project.

Aside from transforming each postal outlet as community financial centers, the partnership will also empower postmen or letter carriers to become cash agents. They will be trained to provide guidance on how to apply for financial products and services, as well as to supervise the provision of these services.

In the long term, Kasama Lahat aims to establish the Post Office as Open Finance Hubs, which can process data transactions as well, such as validation of customer information for loan applications, asset validation, and even collection or debt restructuring services.

The Philippines’ Post Office has approximately over 1,300 outlets across the country.

Norman Fulgencio

Norman Fulgencio

“Our digital transformation journey, powered by UBX, allows us to diversify our services beyond the Filipino people’s postal needs.


With our network of over 1,300 outlets and more than 3,500 postmen, we are in a unique position to provide financial services that promote both financial and social inclusion in the country,”

said Postmaster General Norman Fulgencio.

John Januszczak

John Januszczak

“With its reach and data, the Post Office has the power to drive financial and social inclusion through its digital transformation initiative.


The challenge for both the public and private sectors to drive financial inclusion is daunting and it requires a strong sense of commitment and partnership to achieve this.”

said John Januszczak, President of UBX.