LAST December 5, 2023, AllBank and UBX Philippines officially sealed their partnership for POS cash-out facility. This collaboration intends to provide cash-out services in unbanked and remote areas of the Philippines. Through this collaboration, cardholders will be able to withdraw cash from accredited cash-out agents using a POS Terminal.

AllBank President and Executive Director Jesus Vicente Garcia shared "Our collaboration with UBX Philippines aligns with our mission to make banking more accessible and convenient for all. With this, we are expanding our POS Cash-Out deployment across the country with the help of UBX."

"We are excited to grow the fintech ecosystem in the Philippines with the support of such stellar partners such as AllBank. With a shared commitment to promoting true financial inclusion, our collaboration provides a wider access to banking services and propel the nation towards a more prosperous future." said John Januszczak, president and CEO of UBX Philippines.