TECHNOLOGY,
LIFESTYLE | August 19, 2018
 |
| Appgrade your lifestyle with the new Maybank2U PH mobile app from Maybank Philippines (Image Source: Maybank Philippines) |
More
Filipinos are now starting to shop online and perform cashless transactions through
the use of their own mobile devices, but can they be used to create one's own
bank account? Well, for Maybank Philippines, they can and it is possible through
a new approach that aims to make modern banking more convenient and more
practical for even the unbanked Filipinos today. Enter MOVE which stands for
Mobile Optimized Virtual Experiences.
Through
MOVE, the most accessible global bank in the Philippines with 74 branches
nationwide lays out its own sleuth of straight through processing capabilities
that can allow Filipinos to perform banking transactions without the need to go
to the bank. Among the various capabilities is where Filipinos can create their
own online-only bank account known as iSave on their smartphones via the Maybank2U
PH mobile app. Considered as the first of its kind in the country, iSave is a
digital banking account that allows users to enjoy interbanking transactions
for free anytime, anywhere.
Applying
for an online-only bank account is simple but it needs more than just personal information.
First, download and install the Maybank2U PH app on your smartphone for free from
Google Play or iOS App Store and you may start applying for your own bank
account. Aside from the personal information, you are mandated to enter either
your SSS or TIN number. Once all the details are entered, you are required to
submit a clear digital photo of at least one of any government-issued IDs you have.
Finally, you need to take a selfie for identity verification.
Apart
from the iSave account, Maybank Philippines introduced its MOVE pop up store
which will roam across different parts of the country in the coming months and
eventually introduce its new products, services and innovations to the masses.
The most essential thing about the new approach is that it is Maybank's way of
supporting the Bangko Sentral ng Pilipinas' new campaign regarding modern consumer
banking. Anyway, the Malaysian-based bank is positive about this new approach
and assures that it will benefit more unbanked Filipinos in the near future and
I think that will be a unique contribution to the local banking scene in today's
modern world.
