Open finance leader Brankas announced that it has partnered with MPT Mobility, the innovations arm of Metro Pacific Tollways Corporation (MPTC), to launch a new integration that will allow MPT DriveHub app users in the Philippines to reload their e-wallets using their active Philippine bank accounts.
With the partnership, MPT DriveHub users can now choose from a wider range of reloading options as they top up their RFID accounts via Brankas Direct, through which their transaction history can also be accessed.
Both Brankas and MPT Mobility expect the new integration to attract new app users, who will benefit from lower service fees when reloading through the app.
IMAGE CREDIT: www.mptdrivehub.com.ph
MPT DriveHub is a travel companion app that was introduced by MPTC, the largest expressway builder and operator in the Philippines, to offer a variety of mobility solutions that help create a better user travel experience for motorists.
It has also been designed as a crucial component in actualizing the MPTC’s revitalized vision of becoming a premier mobility enabler. By integrating motoring and travel services in one digital platform, MPT DriveHub elevates customer experience, allowing expressway users to enjoy not just the destination, but the journey itself.
Lower service fees, more reloading options
“Lower service fees are part of the brand’s commitment to improving the user experience within the app and making real-time reloading more accessible and convenient. We listen to our motorists’ needs and act on what we can, harnessing our resources and the power of digital technology,” said Gines M. Barot, AVP for MPT DriveHub Operations, in a press statement.
For his part, Todd Schweitzer, CEO and co-founder of Brankas, said, “Our mission at Brankas is to provide modern and secure open finance technology that empowers our partners to create world-class solutions.”
“The new bank integrations will allow MPT Mobility to serve more motorists in the Philippines through more reloading options. In the spirit of financial inclusion, Brankas is proud to be contributing to the widespread adoption of the MPT DriveHub app,” he added.
In MPT DriveHub, Brankas Direct can give users a seamless RFID reloading experience without needing to leave the mobile app.
In addition to providing digital payment solutions for a tollway company, Brankas’ open finance solutions are used in ride-hailing, agriculture, insurance, and healthcare companies to power digital transformation.
Brankas’ APIs are also often used by companies offering e-wallets, online shopping checkout, lending services, insurance, and wealth management.
Brankas Direct, for one, enables collections and retail “cash-in” for e-commerce, fund transfers, and recurring subscriptions.
This diverse range of open finance industry applications was also displayed at the Open PHinance Challenge in 2022, which saw applicants from industries including public utility vehicles (DyipPay), HR (Betterteem), and farming (Cropital). The 8-week accelerator program in the Philippines was launched by Brankas and Kaya Founders.