Open payments platform SynerFi onboards eight rural banks - BusinessWorld Online

Open payments platform SynerFi onboards eight rural banks - BusinessWorld Online

OPEN PAYMENTS platform SynerFi has onboarded eight rural banks, allowing them to process transactions via InstaPay to expand the use of digital payments in underserved areas. Rizal Commercial Banking Corp. (RCBC) Executive Vice-President and Chief Innovation and Inclusion Officer Angelito M. Villanueva said at a briefing on Wednesday that they hope to onboard more banks onto the platform, which the bank will soon launch along with instant paymen…

RCBC, Higala onboard 8 rural banks to SynerFi platform

Rizal Commercial Banking Corp. (RCBC), in partnership with instant payment infrastructure service provider Higala, has onboarded eight rural banks to SynerFi, an open payments platform designed to help smaller financial institutions join the InstaPay network. The partnership, which also includes development firm Chemonics, aims to increase InstaPay penetration from 5% to 20% within two years. […] The post RCBC, Higala onboard 8 rural banks to Sy…

Payments NZ launches bank switching facility

Payments NZ launches interbank payments switching website