Maybank Philippines President and CEO Felino James Marcelo (center, right) and OmniPay Chairman Renato C. Valencia (center, left) lead the signing of a strategic partnership that will support the launch of QRPay, a QRPh-enabled collections solution designed to help businesses accept secure cashless payments from any participating bank or e-wallet. The collaboration strengthens digital payment capabilities, enhances customer convenience, and supports the Philippines' transition towards a more inclusive cashless economy.
Manila, Philippines – 24 June 2026 – Maybank Philippines, Inc. (MPI) and OmniPay, Inc. have formalised a strategic partnership that will strengthen digital payment capabilities and support the growing adoption of cashless transactions across the Philippines. The partnership was sealed through a Memorandum of Agreement (MOA) signing ceremony held at the Maybank Corporate Center in Bonifacio Global City, Taguig.
A key milestone of the collaboration is the upcoming launch of QRPay, a new solution under Maybank Philippines' Cash Management Services (CMS) Collection Suite. Powered by OmniPay's payment infrastructure, QRPay will enable businesses to accept payments from any participating bank or e-wallet through a single QRPh code, providing a secure, seamless, and convenient payment experience for merchants and customers alike.
The solution enhances Maybank's digital collections capabilities, helping businesses streamline collections, improve operational efficiency, and provide greater convenience to their customers. It also supports the wider adoption of QRPh and the Philippines' transition towards a more connected and cash-lite economy.
"As businesses increasingly embrace digital and cashless transactions, they need financial solutions that are seamless, secure, and integrated into their operations. Through our partnership with OmniPay, we are launching QRPay to help businesses collect payments more efficiently, expand their reach, and deliver greater convenience to their customers," said Felino James Marcelo, President and Chief Executive Officer of Maybank Philippines.
"This collaboration brings together Maybank's strong banking network and cash management capabilities with OmniPay's fintech innovation to create solutions that support business growth in an increasingly digital economy."
Marcelo added that the partnership reflects Maybank's commitment to innovation and customer-centric banking while advancing financial inclusion and digital transformation in the country.
"Beyond strengthening our digital collections ecosystem, this partnership supports the national push towards QRPh adoption and a cash-lite economy. More importantly, it reflects our purpose of Humanising Financial Services–making banking simpler, more accessible, and more relevant while empowering Filipino businesses to thrive."
Representing OmniPay as signatories to the agreement were Renato C. Valencia, Chairman, and Anna Liza E. Alincastre, Executive Vice President and Chief Operating Officer. Signing on behalf of Maybank Philippines were Felino James Marcelo, President and Chief Executive Officer, and Michael Pagkalinawan, Officer-in-Charge, Global Banking. Witnessing the signing were Wilfred G. Tan, Chief Technology Officer of OmniPay, and Patrick Dennis Solosa, Community Financial Services Head of Maybank Philippines.
The partnership underscores the shared commitment of Maybank Philippines and OmniPay to advancing digital transformation, expanding financial inclusion, and delivering innovative payment solutions that create greater value for businesses and consumers. By combining Maybank's financial expertise with OmniPay's technology-driven capabilities, both organisations aim to help shape a more connected and digitally enabled financial ecosystem.
OmniPay is a technology-driven digital payments company and one of the pioneers of the Philippine electronic payments industry, providing secure and innovative payment solutions that enable businesses and consumers to transact seamlessly in a connected economy.
PCEO MESSAGE
Oct 12, 2020.
Bonifacio Global City, Taguig City
Mabuhay Maybank Philippines!
I am very proud to share our Recognition Platform.
Maybank Philippines, Inc. (MPI) is a market leader operating as full-service commercial bank, and a member of the Maybank Group, one of Asia's leading banking groups and Southeast Asia's fourth largest bank by assets. Read More...
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Maybank GO Ahead. Challenge (MGAC) in its 8th edition has impacted more than 1.2 million lives since its inception. MGAC is an international competition that challenges intellect, stretches creativity and tests endurance. An award-winning competition that is recognised as "Best Innovation on Campus", puts the best minds together on a platform that is fully designed by our very own Global Maybank Apprentices. The challenge that welcomes University students and graduates from any discipline and nationality to be challenged. This year, #MGAC2019 has attracted over 35,000 applications from over 105 nationalities. Read More...