Payments

PayMongo and RBank Forge Strategic Alliance to Enhance SME Digital Commerce

Payment processing platform PayMongo has recently entered into a strategic partnership with Robinsons Bank (RBank), to advance digital payment solutions targeted for small and medium enterprises (SMEs).

According to a statement this collaboration is poised to address the digital commerce challenges faced by SMEs, offering efficient online transaction solutions through the integration of PayMongo’s technological capabilities and RBank’s financial expertise.

Jojo Malolos

Jojo Malolos, CEO of PayMongo, remarked on the significance of the RBank partnership, highlighting the company’s commitment to aiding SMEs in their digital evolution. He stated,

“Our goal is to empower SMEs in their digital transition. Partnering with RBank as an acquirer solidifies our dedication to providing seamless support for SMEs as they navigate the online landscape.”

This partnership is set to harness PayMongo’s platform to facilitate secure online payment processes for SMEs, with RBank’s experience in financial services ideally positioned to enhance the dependability of these digital transactions. The collaboration is expected to open new avenues for growth and expansion for SMEs in the Philippines.

Elfren Sarte

Elfren Sarte, CEO of RBank, shared his perspective on the collaboration, saying,

“Our partnership with PayMongo aligns with our commitment to support SMEs in their digital journey. Together, we will offer a robust suite of digital payment solutions, empowering businesses to thrive in the digital economy.”