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Cashmallow, RCBC Partner to Enhance Cross-Border Remittance and Enable Cardless ATM Withdrawals in the Philippines
Cashmallow has partnered with Rizal Commercial Banking Corporation (RCBC), one of the Philippines’ leading banks, to enhance cross-border remittances and enable cardless ATM withdrawals for foreign travelers in the Philippines.
MallowLink, Cashmallow’s global API aggregator, is now integrated with RCBC’s financial network, enabling travelers to withdraw cash without a physical card and allowing users worldwide to send remittances to the Philippines in real-time. This partnership provides a secure, cost-efficient, and convenient way to access and transfer funds.
Travelers simply initiate a withdrawal via MallowLink-connected applications, generate a secure QR code, and scan it at an RCBC ATM for instant access to cash. This eliminates the need for carrying bank cards, reduces high international transaction fees, and offers better exchange rates, enhancing the overall travel experience.
On the other hand, overseas workers can now send remittances to the Philippines faster and at more competitive rates than traditional methods. Beneficiaries receive funds instantly, ensuring greater security, speed, and cost savings in international money transfers.
“Partnering with RCBC is an important step forward in redefining how travelers and remittance senders access funds in the Philippines,” said Hyeong Un Yun, CEO of Cashmallow. “This partnership not only modernizes financial services but also makes cash access and remittances faster, more secure, and cost-effective.”
To experience faster and more convenient remittance and withdrawal services in the Philippines, visit Cashmallow. You may also check out RCBC’s ATM network to find out its different locations.
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