RBAP launches SMART Money Accreditation Training Course

Participants and representatives from RBAP-MABS, RBRDFI and SMART with their E-Wallet cards

The highly-anticipated SMART Money Accreditation Training Course for rural banks was finally launched in historic Intramuros by the Rural Bankers Research and Development Training Foundation, in partnership with SMART Communications Inc. and RBAP’s Microenterprise Access to Banking Services-USAID program.

For one whole day last March 9, representatives  from various Luzon based RB’s immersed themselves in learning the first ever MIMO (Money in Money Out) Services geared for RBs.  Trainors from Seed Finance meanwhile had their hands full as they not only explained the Smart money application process, they also had to answer queries from participants who were enthusiastically absorbing the features and benefits of this new transaction handling.  One of the highlights of the event was the Smart Money Activation Hands on Exercises, which all participants took part in. Divided into three groups, each had a chance to learn the process of activating their new Smart Money cash card, transferring money and reloading by just using a mobile phone, powered of course by SMART. Aside from these, the trainors showed videos, explaining the process of consolidating, settling and reconciling record entries.

The Smart Money Wallet is an electronic wallet that lets users, even when they are in far-flung areas, do all kinds of monetary transactions by just using a mobile phone.  What makes this SMART Money Wallet particularly interesting is, it can be used as a debit MasterCard and ATM card too. Withdrawing, paying, transferring money and purchasing are now easier for RB clients anywhere in the Philippines or, in the world with SMART Money Wallet.

So what are you waiting for…join the next accreditation seminar in Cebu!

RBAP reaches out through mobile banking

Another great read from the Manila Times as it features RBAP’s huge role in promoting mobile banking in the countryside.

Click the link to read the rest of this story:  http://www.manilatimes.net/index.php/business/top-business-news/16737-ph-market-prepares-for-mobile-banking-boom

 

RBAP-MABS achievements highlighted in International Study Tour

Three Senior Officers from the Central Bank of India, State Bank of Pakistan and Central Bank of Sri Lanka recently visited the RBAP – MABS office in Intramuros as part of their study tour organized by the Asia Pacific Rural and Agrcultural Credit Association.  Members of RBAP MABS, led by Mr. John Owens, Chief of Party, discussed with the three representatives the microfinance best practices and the various mobile banking services being utilized by member rural banks, as well as the history of rural banking in the Philippines.

http://www.rbapmabs.org/blog/2011/12/rbap-mabs-microfinance-and-mobile-phone-banking-initiatives-showcased-in-international-study-visit/

As of December 2011, there are 70 RBs participating in the USAID supported MABS programme.  Last month, three clients of participating banks were honored in the 2011 CITI Micro entrepreneur Award.

To learn more about the successes and achievements of MABS, please go to the RBAP MABS website:

http://www.rbapmabs.org/home/

Thank You.

 

USAID and Peace Corps’ 50th Anniversary

As an implementing partner of MABS-USAID, the Rural Bankers Association of the Philippines warmly salutes the 50th year anniversary of USAID and Peace Corps  in the Philippines…50 solid years of fostering development and peace in the country.  In solidarity, we in RBAP would like to invite everyone to join this milestone event on the 4th of November at the SM MOA Music Hall in Pasay City. For more details on this, please click the attached USAID-Peace Corps Program.

Official poster: 50 years of service