Salmon Introduces Auto-Debit for Seamless and Convenient Payments
MANILA, PHILIPPINES - Media OutReach Newswire - 1 July 2024 - Salmon Group Ltd ("Salmon"), the leading financial technology company dedicated to improving access to credit, savings, and investments for over 500 million underserved customers in Southeast Asia, is excited to announce the launch of auto-debit feature for its credit products in the Philippines.
The auto-debit feature allows customers to directly link their Gcash, Maya, Unionbank or BPI accounts to the Salmon app. This innovative functionality will notify customers prior to their due date about the upcoming payments due and will automatically process payments on the due date. From customers' perspective, it will simplify the payment process as it will no longer require logging in and switching applications with the payments made automatically on the due date. Customers will receive push or SMS notifications confirming their successful payments.
With the expanding range of partner banks, Salmon will work on establishing the new feature as the new standard for easy and convenient payments for its customers.
"Salmon is committed to changing the direction of finance – making it easy, simple and convenient. As a part of this, we are thrilled to introduce the auto-debit feature to our valued customers. In today's fast-paced world, convenience is not just important, it's a necessity. Auto-debit enhances our customers' experience by simplifying the repayment process and ensuring timely payments without the hassle of manual interventions," stated Raffy Montemayor, Co-Founder of Salmon and Chairman of the Rural Bank of Sta. Rosa (Laguna), Inc.
For further information about Salmon and its initiatives, please visit Salmon's website at https://salmon.ph/
The issuer is solely responsible for the content of this announcement.
About the Salmon Group Ltd
Salmon Group Ltd owns and operates its subsidiaries in the Philippines, including Sunprime Finance Inc. and the Rural Bank of Sta. Rosa (Laguna), Inc., which was established in 1963. The Group is dedicated to expanding financial inclusion by providing customers with cutting-edge, customer-centric, AI and data-driven banking and financial services. It is on a mission to empower clients underserved by legacy banks across Southeast Asia and is supported by world-class shareholders including International Finance Corporation, the sovereign wealth fund of Abu Dhabi (ADQ) and other blue-chip international and Filipino investors.
Retail customer experience has become one of the most important drivers of revenue growth, especially during high-intensity sales periods. However, ev...
If your only experience of "Indian food" is butter chicken and garlic naan, South Indian cuisine is going to feel like discovering an entirely new c...
A home's roof and drainage system work together every day to protect the property from water damage. While many homeowners focus on visible areas such...
For a small one-off job, an experienced builder can size up the materials in their head. The problem is that most jobs are not small one-off jobs, and...
They say the kitchen is the heart of a house which means a clutter-free kitchen not only makes your home in general look nicer, it also makes cookin...
Introduction
Artificial intelligence continues to reshape the digital landscape, and one of the most exciting innovations in 2026 is the rise of AI i...
Most people have thought about this in the abstract. A knock at the door, a hand on the shoulder, a car pulled over on the Hume. In the abstract, th...
Separation hits on many levels, not just emotionally. When a partnership ends, untangling the financial side — assets, debts, and everything built t...
More content. More often. More platforms.Most brands have been running this playbook for three years. Most brands have nothing to show for it.Not be...
Most people ring a gardener and ask for a "tidy up." What they mean by that, and what the garden actually needs, are often two completely different ...
Three years in and the panels are still on the roof. The inverter is still blinking. The electricity bills are still lower than they used to be, rou...
Even in times of uncertainty, it seems renovations continue to be on the to-do list for many Australian property owners. As a result, demand on materi...
Maintaining a safe environment within residential and commercial properties requires careful management of hazardous materials, which is why engaging ...
Dividing assets after a separation is one of the more complex and emotionally charged aspects of the process. Understanding how property settlements...
