The Benefits of a Mobile Banking App
Mobile banking has been an important tool for us, especially during the pandemic. It became convenient for the people to deposit, withdraw funds, and send money at the comfort of their own homes or wherever they may be, without having a limitation to transact even after banking hours.
Because of the increasing demand of small and medium businesses, business owners have tried various ways on how to improve their services and at the same time, offer flexible ways for their customers to settle their payments.
UnionBank’s Banking App Features
Union Bank of the Philippines (UnionBank), the leading banking partner of micro, small, and medium enterprises (MSMEs) in the country, has launched their banking app in January last year that enabled them to digitize their business.
UnionBank has rolled out the latest update for the MSME Business Banking app, introducing new features that will give business owners more flexibility in collecting payments from customers and managing their accounts.
Request Payment” feature
Through this feature, the business owners can send a payment link to their customers. It gives them options to pay via VISA and Mastercard Debot and Credit cards, on top of Instapay, GrabPay, Gcash, Palawan Express, Cebuana Lhuillier, and ECPay Partner Outlets.
This is designed to improve the user experience by making navigation easier. This is UnionBank’s action in addressing customer feedback and ensuring their satisfaction.
Access to the UnionBank GlobalLinker (UBGL) platform.
This enables the customers to sign up to UBGL right inside the banking app, providing them the ability to reach 500,000 MSMEs locally and globally to grow their business network.
Registry to various business-focused webinars and learning sessions
Aside from these, customers can take also take advantage of building a FREE online e-commerce store, and tap partners that would bring their businesses to the next level of digitization.
All these features are made available with the new MSE Business Banking mobile app. This made it easier for the business owners to make their move this pandemic and UnionBank made it possible.
Engr. Justin Padilla, owner of CE Padilla Construction shared, “The app helped me a lot during the pandemic because I didn’t have to go to the bank to deposit checks. All I needed to do was to take a photo of it. Also the “request payment” feature assisted me in collecting payments easily. We’ve been using the facility for quite some time now and it’s also convenient for my customers.
“With the addition of the new payment option, the Request Payment, and the introduction of the dashboard to improve the overall user experience, MSMEs will now be ab;e to do their banking needs more easily and conveniently, allowing them to focus more on growing their business, UnionBank VP and SME & Micropreneurs Segment Head Jaypee Soliman added. “This is all part of UnionBank’s commitment to our country’s MSME sector, bolstering our “tech-Up Pilipinas” advocacy.
Indeed, this app is a must especially for aspiring business owners who are looking for the perfect banking and payment app. To know more about MSME Business Banking, and UPAY for MSMEs, please visit their website.