Rizal Commercial Banking Corporation continues to be a reliable partner of Filipinos in scaling the country's adoption of digital payments. The award-winning bank is one of the pioneer implementers of Bangko Sentral ng Pilipinas' new interoperable bills payment initiative 'Bills Pay PH.'

In partnership with the Philippine Payments Management, Inc., the 'Bills Pay PH' is an interoperable facility that aims to improve the efficiency of interbank bills payment across different billers launched at the BSP headquarters in Manila.

The interoperability feature offers a hassle-free bills payment as customers do not need to open new and different accounts for different billers. Users can pay their bills through QRph codes printed on the billing statements, whether sent online or paper-based.

The initiative allows users to do multiple bills payment in just a matter of clicks, saving time and money from lining up at payment centers.

"In areas where going to an ATM is not very convenient, clearly, all of these things are quite useful… The question now is how this evolves further and gets better and better? I think the future is very bright in this respect. More and more people now have accounts. If we had relied completely on banks that have physical branches, we would not have done this far," BSP Governor Felipe Medalla said.