UBX Powers up AboitizPower’s Mobile App with Digital Payments Collection
UnionBank
of the Philippines’ UBX, the leading Open Finance platform in the Philippines,
is powering the mobile app of Aboitiz Power Corporation (AboitizPower), one of
the country’s largest retail electricity companies, integrating digital
payments to provide customers of the latters’ distribution utilities greater
convenience.
Under
the agreement, AboitizPower will integrate BUx, an all-in-one payment solution
platform developed by UBX, into its mobile application, MobileAP. The app is
available for subscribers of AP distribution utilities such as Visayan Electric
Company, Davao Light and Power Company, Cotabato Light and Power Company, and
the Subic and Lima EnerZones.
Through
this integration, customers will be able to pay their electricity bills online,
providing greater convenience by removing the long process of heading to
service centers to settle their monthly dues. Moreover, MobileAP empowers
customers to remotely check their electricity bill for the past 12 months
without going to outposts to check their status or waiting for the physical
copy via mail.
“UBX
and AP share a steadfast commitment to promoting inclusion by providing wider
access to services – be it finance or power. Our partnership, which leverages
UBX’s open finance technology, brings this goal forward and provides customers
the value of greater convenience,” UBX Managing Director for Open Finance Jaime
Garchitorena said.
As
the country’s leading all-in-one payment solutions, BUx unifies everything
about payment collection channels into one platform: from card payments, online
banking or bank transfers, and over-the-counter payments to e-wallets. With
BUx, businesses can track all their transactions through real-time updates and
notifications of credited funds through its best-in-class merchant dashboard.
“The
future of our economy lies in digital payments. No less, the Bangko Sentral ng
Pilipinas (BSP) made it a mission to have 70 percent of Filipino adults
involved in the financial system by transforming 50 percent of the total volume
of retail payments into digital. By collaborating with different industry
players, we are helping the government achieve that goal,” Garchitorena added.
For
download for both Apple and iOS devices, users can assess their power
consumption and its monetary value through a chart tailored to their profile.
They can download a PDF copy of their records with AP and manage multiple
accounts in a single app.
MobileAP
also features additional functions such as multiple DU registration,
notifications and advisories, payment and consumption monitoring, payment
center and service center look-up, and more to come, such as outage reporting.
“Thanks
to UBX, we can bolster MobileAP by making it a one-stop app where our
subscribers can do everything from getting updates about our services to
checking their billing information to bill payment. Aside from improving their
convenience, we honor our customers’ trust by providing them with transparency
that only BUx, as a payments solution, can provide,” said Arnold Villanueva, AP
Distribution Utilities Assistant Vice President, and Bills-to-Cash Head
AP
is one of the largest electricity providers in the country with a balanced mix
portfolio of power generation, distribution, and retail electricity services.
The company’s mission is to provide reliable energy at reasonable prices while
pursuing sustainable solutions to help reduce the adverse effects on the
environment.
Post a Comment