Philippine Savings Bank (PSBank) is making banking safer and more convenient. The consumer banking arm of the Metrobank Group has incorporated QR technology into its Mobile App. This move is aimed at providing another safe and secure way for its depositors to transact amid the new normal.
Through this new digital feature, PSBank customers don’t need to leave their homes or worry about their health and safety whenever they manage their finances. The PSBank QR minimizes errors or risks as it scraps the need to provide and enter long and often confusing account information.
Through a few taps on the PSBank Mobile App, users can scan or upload QR codes to transfer funds to PSBank account holders and other QRPh (National QR Code Standard) participating bank accounts. Users can also generate their own QR code and send it to persons or them to receive funds or payments more conveniently. Moreover, a user doesn’t need to generate, request for, or send another QR code as it can be saved in one’s mobile phone for future requests or fund transfer transactions.
The new PSBank QR feature simplifies and secures person-to-person (P2P) payments or fund transfers to allow individuals to move their money with ease and flexibility as they adapt to the new normal.
The PSBank Mobile App QR facility is in line with the Bangko Sentral ng Pilipinas’ National QR Code Standard initiative for safe, convenient, and seamless P2P payments and fund transfers