Wirecard partners with Union Bank for corporate banking services
The Germany-based payments company, Wirecard has partnered with Union Bank of Philippines to provide banking services for corporate customers in the country.
The partnership was signed last year in December and with this Wirecard will be able to provide its solutions through banking channels of UnionBank. This will also enable fund disbursement to suppliers and vendors, and settle payments to merchants.
“As a global innovation leader in digital financial technology, we are committed to providing innovative solutions and services for cashless payments,” said General Manager for Wirecard in the Philippines Martha Borja.
“The country is moving at a fast rate in terms of growth, and with this comes the possibility of the widening gap between those who make money and those who get left behind,” said UnionBank President and CEO Edwin Bautista.