MABS trains more rural bankers on mobile phone banking


In continued implementation of its Mobile Phone Banking Initiative, MABS conducted an accreditation training on mobile phone banking services (MBPS) in Iloilo City on July 10, 2009. Twenty-one participants from 12 rural banks participated in the training, including representatives from the Rural Bank of San Enrique, which has already been accredited to provide MPBS to its clients.

Conducted in partnership with G-Xchange Inc. (GXI), Globe Telecom’s wholly-owned subsidiary which makes MPBS possible for rural banks through the GCASH platform, the training was held to equip rural banks with the knowledge, skills and means that they need to be able to provide MPBS to their clients. MABS and GXI highlighted the uses, benefits, implementation procedures, technical aspects, expansion issues and other concerns on mobile banking and GCASH services.

The training is part of the Bangko Sentral ng Pilipinas’ (BSP’s) requirements for a bank to be accredited to offer MPBS.