CBS China Bank Savings affirmed its support to the Bangko Sentral ng Pilipinas (BSP) and its drive to accelerate digital payment adoption. CBS joined the Calabarzon leg of the Paleng-QR Plus roadshow in Bacoor, Cavite on December 11 to 12.
Paleng-QR Plus, in cooperation with local government units and financial institutions, aims to build the digital payments ecosystem in the country by promoting cashless payments in public markets and local transportation, particularly tricycles.
CBS makes banking convenient and secure with the CBS GO digital onboarding app and mobile banking-enabled CBS Basic Deposit and CBS Easi-Save accounts.
A combined team from CBS Retail Banking Group, Cash Management Services and Digital Business Banking Division responded to inquiries about CBS' digital offerings from the market vendors, shopkeepers, and transport association members present at the BSP Paleng-QR Plus orientation and financial literacy seminar,
CBS sees active engagement with the QR Plus program in 2024, consistent with its Build and Rise Initiative.