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Netbank leverages V5PAY to augment global payments

Thursday 25 April 2024 08:59 CET | News

Philippines-based Netbank (A Rural Bank) has chosen merchant acquirer V5PAY to equip businesses in underserved areas with access to international payment capabilities.

 

Netbank (A Rural Bank) known for its commitment to financial inclusion and innovation, joins forces with V5PAY to expand its range of services and cater to the evolving needs of its clientele. Through this partnership, Netbank (A Rural Bank) will leverage V5PAY's robust payment infrastructure, spanning across Southeast Asia, Latin America, and beyond, to facilitate secure and efficient cross-border transactions.

Netbank has chosen V5PAY to equip businesses in underserved areas with access to international payment capabilities.

Facilitating payment access and economic growth

Through V5PAY's extensive network, merchants served by Netbank (A Rural Bank) Inc will gain access to over 200 payment methods and support for more than 10 currencies, streamlining their global transactions and settlements. This integration of modern payment technology with Netbank's localised expertise promises to unlock new opportunities for businesses, enabling them to compete on a global scale.

The partnership between V5PAY and Netbank (A Rural Bank) Inc signifies a strategic alignment of values and goals, aimed at driving inclusive economic growth and fostering financial empowerment in rural communities. By combining V5PAY's technological prowess with Netbank (A Rural Bank) Inc's deep-rooted understanding of local markets, the collaboration seeks to bridge the gap between rural businesses and the global marketplace.

As V5PAY continues to expand its footprint and foster strategic alliances with forward-thinking financial institutions like Netbank (A Rural Bank) Inc, it reaffirms its commitment to driving inclusive economic growth and empowering businesses worldwide.

Officials from V5PAY said they are happy to join hands with Netbank (A Rural Bank) in their mission to provide access to global payment solutions. This partnership underscores their shared commitment to equipping businesses of all sizes, including those in rural areas, with the tools they need to thrive in today's interconnected world.

What does V5PAY do?

V5PAY is a provider of global payment solutions, offering comprehensive support coverage in Southeast Asia, Latin America, and beyond. With a diverse range of payment methods and multi-currency support, V5PAY empowers businesses to navigate the complexities of international trade with ease.

More information about Netbank

Netbank is a pioneering financial institution committed to driving financial inclusion and economic development in rural communities. With a focus on innovation and customer-centricity, Netbank (A Rural Bank) strives to provide accessible and affordable financial services to underserved populations.


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Keywords: merchants, cross-border payments, payment methods, payments infrastructure
Categories: Payments & Commerce
Companies: Netbank, V5PAY
Countries: World
This article is part of category

Payments & Commerce

Netbank

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V5PAY

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