Landbank taps ex-Duterte consultant to launch e-wallet, QR in aid disbursement by Q4

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State-run Land Bank of the Philippines is poised to roll out e-wallet and QR solutions to facilitate a more efficient disbursement of cash aid to beneficiaries of the national government’s social amelioration programs.Last May, Landbank announced it partnered with Traxion Pay as fintech enabling partner to add QR functionality in the cash cards used by cash transfer program beneficiaries to access their funds.

Ortiz said the state-run bank and Traxion are intending to roll out two models —an e-wallet with a physical card or “eWallet-Carded” and an e-wallet with a virtual card or “eWallet-Virtual.”“Both models support online transactions such as intrabank/interbank fund transfer and bills payment,” she said.

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