{"id":964,"date":"2022-09-30T06:08:21","date_gmt":"2022-09-30T06:08:21","guid":{"rendered":"https:\/\/wdadmin.v5pay.com\/?p=964"},"modified":"2024-04-24T16:26:59","modified_gmt":"2024-04-24T08:26:59","slug":"v5-pay-philippines-augments-digital-payments-through-netbank","status":"publish","type":"post","link":"https:\/\/www.v5pay.com\/en\/v5-pay-philippines-augments-digital-payments-through-netbank\/","title":{"rendered":"V5 Pay Philippines augments digital payments through Netbank"},"content":{"rendered":"\n

Merchant acquirer\u00a0V5Pay Philippines\u00a0<\/a>has partnered with\u00a0Netbank\u00a0<\/a>to offer its SME clients a new digital payments experience.<\/p>\n\n\n\n

Netbank implemented a \u2018Disburse-to-Account\u2019 solution to beef-up V5 Pay\u2019s payment distribution workflows wherein it enables disbursements of end-customer payments directly to partner merchants\u2019 local bank accounts and e-wallets via Instapay and Pesonet. This integration allowed faster processing and disbursement of payments automatically from within V5 Pay\u2019s platform.<\/p>\n\n\n\n

V5 Pay has also embedded Netbank\u2019s Virtual Collection Account service. This benefits end-customer payments, via bank transfer or stores\/payment centres, allowing tracking of the payer. Payments have increased processing since reconciliation is in real time and automatic, without the need for manual reconciliation and\/or system checks.<\/p>\n\n\n\n

Netbank ensures that its open API platform, Netbank Virtual, would have an intuitive user interface, which considers all types of users from owners and processors to developers. Netbank Virtual users can check transactions, test, and integrate relevant APIs for new workflows and innovations. The partnership represents Netbank\u2019s goal to help fintechs further expand and develop their capabilities through its Banking-as-a-Service solutions.<\/p>\n","protected":false},"excerpt":{"rendered":"

Merchant acquirer\u00a0V5Pay Philippines\u00a0has partnered with\u00a0Netbank\u00a0to offer its SME clients a new digital payments experience. Netbank implemented a \u2018Disburse-to-Account\u2019 solution to beef-up V5 Pay\u2019s payment distribution workflows wherein it enables disbursements of end-customer payments directly to partner merchants\u2019 local bank accounts and e-wallets via Instapay and Pesonet. This integration allowed faster processing and disbursement of payments […]<\/p>\n","protected":false},"author":1,"featured_media":2644,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tpgb_global_settings":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\nV5Pay Philippines augments digital payments through Netbank<\/title>\n<meta name=\"description\" content=\"Merchant acquirer\u00a0V5Pay Philippines\u00a0has partnered with\u00a0Netbank\u00a0to offer its SME clients a new digital payments experience.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.v5pay.com\/en\/v5-pay-philippines-augments-digital-payments-through-netbank\/\" \/>\n<meta property=\"og:locale\" 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