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RBPay’s Cash Teller Machine Boosts and Improves Financial Access in Negros Occidental

In a significant step towards digital transformation and financial inclusion, RBPay’s Cash Teller Machine (CTM), powered by TraxionPay, was acquired by Rural Bank of Escalante, Inc. in October 2024, a rural bank in Negros Occidental, dedicated to serve their customers and local residents.

Together, Traxion and Rural Bank of Escalante, Inc. aim to enhance the financial experiences of rural residents through the CTM. By acquiring the CTM in their main branch in Escalante City, it marks a major leap forward for the said rural bank, bringing a new level of convenience and efficiency to their customers. Their customers can now enjoy quick and easy financial transactions, such as cashing in, cashing out, paying bills, transferring funds, buying e-load, and more. This modern technology can significantly reduce the need for local residents to travel long distances for banking services.

By bringing this innovative technology to Negros Occidental, the two reputable companies are working together to create a positive and lasting impact to the rural community. This collaboration paves the way for increased financial access to the residents in rural areas, digital transformation to empower individuals to embrace the benefits of a cashless society, and financial empowerment to gain greater control over their finances.

About RBPay’s Cash Teller Machine 

RBPay’s Cash Teller Machine is the first ever QR-code operated teller machine and utilizes the QR technology powered by QRPH. The CTM is included in the RBPay Suite (a suite of digital tools and technological advancements to enhance customer service and experience) along with the mobile application, branch website portal, mPOS (mobile point-of-sale), and QRPH card.

About Rural Bank of Escalante, Inc.

Rural Bank of Escalante, Inc. is a Visayan rural bank located in Negros Occidental. It was established in 1968 to provide convenient banking solutions to the region, such as offering loans, accepting deposits, has onsite usage of teller machines, and other financial transactions.

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