Microfinance bank now ready to go mobile

Gone are the days when people lived in small marching steps. In today’s fast-paced dynamic business environment, we need to cope with the fast technological advancements. With demanding schedules for business, work, and family, mobile banking brings convenience to every bank client.

CARD Bank, a microfinance-oriented rural bank, is the first microfinance banking institution in the country to explore mobile banking platform to deliver improved service to its microfinance clients.

KONEK 2 CARD: YOUR ACCESS TO YOUR FINANCES

The mobile banking service of CARD Bank called konek 2 CARD will give its client an access to their finances by using their Android phones. The konek 2 CARD started in 2012 with few features but has later evolved, providing more dynamic banking transactions.

The konek 2 CARD allows a client to monitor CARD Bank pledge and Matapat (ATM) savings accounts anytime and anywhere through its application. CARD Bank clients can now check their balance, transfer fund, pay loans, check their transaction history, and view mini statement.

CARD Bank sees the crucial role of mobile banking service to its more than 2.2 million clients all over the country. “With our drive to bring more time-saving and convenient services to our clients, we will continue to advance konek 2 CARD for more banking transactions like e-load, mobile remittances and bills payment to cater their changing banking needs,” Ms. Marivic Austria, CARD Bank President and CEO, said.

The konek 2 CARD was designed to provide efficient services with good security features to protect banking transactions.

PROMOTING FINANCIAL INCLUSION THROUGH MOBILE BANKING

“Most Filipinos own smartphones. With the konek 2 CARD application, we aim to promote financial inclusion. Through this mobile application, we are able to reach more unbanked and underbanked communities and encourage people to do banking with us because of its convenient features,” Austria added.

CARD Bank has been awarded by the Bangko Sentral ng Pilipinas as a Gold Hall of Fame Awardee as Outstanding Financial Inclusion Champion together with the CARD SME Bank and Rizal Bank, Inc. These three banking institutions are membersof CARD Mutually Reinforcing Institutions (CARD MRI).