RBAP-MABS Holds Regional Mobile Phone Banking Accreditation Course for Luzon Banks

The Rural Bankers Association of the Philippines–Microenterprise Access to Banking Services Program (RBAP-MABS) in cooperation with Globe’s G-Xchange Inc. (GXI) conducted a regional GCASH accreditation training and refresher course on August 25, 2011 at the RBAP Conference Room in Intramuros, Manila. Thirty-three (33) participants from eighteen (18) rural banks from Luzon completed the course.

The training introduced the participants to the basic concepts and applications of mobile phone banking as an additional rural bank service. Ms. Letty Young of Globe Telecommunications discussed the fundamentals of GCASH and engaged the participants with hands on exercises: registration to GCASH, person-to-person (P2P) electronic money transfer and balance inquiry. Other topics essential to the successful implementation of mobile phone banking services (MPBS) were also discussed; such as developing a contingency plan and security and internal control measures.

 

Ms.-Lety-of-GlobeUpon accreditation, the rural banks will receive a more comprehensive training on GCASH and mobile phone banking services (MPBS) and practices. The rural banks represented during the training were the following: Bangko Nuesta Señora del Pilar, Bank of Makati, Country Rural Bank of Taguig, Gulf Bank, Key Rural Bank, Metro South Cooperative Bank, Quezon Capital Rural Bank, Rang-ay Bank (A Rural Bank), Rural Bank of Donsol, Rural Bank of Libmanan, Rural Bank of Gen. Luna Inc., Rural Bank of Itogon, Inc., Rural Bank of Jose Panganiban Inc., Rural Bank of Pamplona, Inc., Rural Bank of Paracale, Inc., Rural Bank of Sipocot, Rural Bank of Sta. Fe Inc. and Turumba Rural Bank of Pakil, Inc.

To date, RBAP-MABS has helped to accredit seventy-two (72) rural banks to offer mobile phone banking services. These banks have processed over PhP 12 billion in mobile phone banking transactions utilizing the GCASH platform.

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