Category: Finance

  • 5 million Filipinos now have Cebuana Lhuillier Micro Savings

    5 million Filipinos now have Cebuana Lhuillier Micro Savings

    There are now more than 5 million Filipinos who have a Cebuana Lhuillier Micro Savings account. This landmark achievement by Cebuana Lhuillier Rural Bank (CLRB), the banking arm of the leading micro-financial services company in the country, Cebuana Lhuillier, comes after the launch of the leveled up Cebuana Lhuillier Micro Savings product in December of last year.

    “We are elated that there are more and more Filipinos every day who are realizing the importance of saving and are taking charge of their future. It is very exciting that these 5 million Micro Savings account holders are not only on the first step to financial wellness, but because of our amped up product, are also Financially Mobile individuals.” said Cebuana Lhuillier President and CEO, Jean Henri Lhuillier.

    The Cebuana Lhuillier Micro Savings was launched in February 2019 as a basic deposit account that eliminated the need for numerous documentary requirements and maintaining balance or dormancy charges. The product was made available at Cebuana Lhuillier’s more than 2,500 branches as it acted as CLRB’s cash agent.

    Recently, as an enhancement to the product, Cebuana Lhuillier Rural Bank mounted Discover Your Ipon Power: The Cebuana Lhuillier Micro Savings 2.0 Launch which unveiled new features for the Cebuana Lhuillier Micro Savings product. These features are: (1) Cashless Payment possible through UnionPay, (2) ATM access powered by BancNet, (3) Online Transactions made easier through the eCebuana app, and (4) QR Technology.

    ‘Iponaryos’  are now even more empowered to take command of their future because of the transformation of their Micro Savings account from just a basic cash deposit account to an even more powerful and reliable, full-service savings account. 

    Through their partnership with  BancNet, they now have unrivalled access to their finances beyond CLRB’s cash agent, Cebuana Lhuillier’s more than 2,500 branches nationwide, this is possible through BancNet’s roster of 21,000 ATMs, and 114 member banks.

    The bank’s tie-up with UnionPay further allows account holders to make debit payments through over 350,000 POS terminals, as well as partner merchants nationwide. ‘Iponaryos’ can now get the benefit of an enhanced payment security with UnionPay chip cards’ quick payment process with just a tap, using UnionPay Contactless technology.

    KaCebuanas also have full online access with the use of the more efficient and more powerful eCebuana app which allows money transfers via Instapay, bills and utility payments, eLoad, and insurance purchase,the application will be even more powered thanks to new features such as the pawning ticket renewal and jewelry purchases. All these are made even more convenient since the adoption of online sign ups, which is now possible in the eCebuana app.

    Cebuana Lhuillier Micro Savings further steps into the future by enabling QR Technology within the eCebuana app. This feature will also be able to make money transfers and retail payments seamless and secure.

    “5 million Filipinos are taking a step further into a promising future with our powered up Cebuana Lhuillier Micro Savings, we are confident that even more Filipinos will soon take hold of their Ipon Power.” added Dennis Valdes, President of the Cebuana Lhuillier Rural Bank.

    REFERENCE:

    John Paulo Ondra Caparros

    Public Relations Department

    Strategic works, Inc.

    +638937472 | +639173068591

    john.caparros@stratworks.ph

    2nd Floor Zaragoza Building, 102 Gamboa Street, Legaspi Village, Makati City PH

  • Wise Investments for the post-pandemic world

    Wise Investments for the post-pandemic world

    The pandemic has indeed forced everyone to make wiser financial decisions. People nowadays need to ensure that they make the right investments for the unforeseeable future.

    As with any expense though, choosing what to invest in requires some good financial decision-making. Remember that whatever is bought and saved for now should also be useful once this pandemic is finally over. Here’s a quick helpful guide for potential investors:

    For your health

    Avail of a healthcare insurance package that covers consultation and laboratory fees, and of course, treatment for various conditions. This is especially important now because of the COVID 19 global health emergency. Those insured will continue to reap the benefits giving them peace of mind as well as health security.

    All types of home business

    2020 was a precarious year as many lost their jobs and source of livelihood due to the pandemic. This is the reason why many have started home businesses, maximizing the use of e-commerce sites and social media just to make ends meet. The good thing with this is, once the home business becomes successful, then that can be another source of income for the family.

    A trusty laptop or PC

    Since working and schooling from home has become the new norm for most Filipinos, many have started purchasing a laptop or a full PC setup to be able to fulfill their everyday tasks. If maintained well, these gadgets will serve everyone in the household, even when one is not working at home anymore.

    An investment in jewelry

    Authentic fine jewelry is indeed an investment because of its price but it is also a good asset to have as it appreciates in value over time, and can also be passed down to one’s kids and grandkids.

    Availing of these fine jewelry is no longer out of reach as Cebuana Lhuillier Jewelry makes it much easier for Filipinos to invest in it.

    Cebuana Lhuillier Jewelry is backed by its 30 years of good reputation for trustworthiness and quality service. Its jewelry pieces have gone through the company’s stringent appraisal process. Every Karat and Carat of these unique heirloom pieces are assessed and valued properly and correctly. A carat is the unit of weight used to measure the size of a gemstone such as a diamond while a karat is the measurement used in indicating the proportion of gold in an alloy out of 24 parts.

    Clients who wish to avail of these unique jewelry pieces can drop by at any of Cebuana Lhuillier’s more than 2,500 branches.

    Part of the company’s jewelry ecosystem is Cebuana Lhuillier Jewelry Online which harnesses the convenience of shopping for beautiful pieces virtually. The brand has also recently unveiled its premium jewelry selection.

    For more information, visit the following online pages: https://www.cebuanalhuillierjewelry.com/, https://www.cebuanalhuillierjewelrypremium.com/ or at Cebuana Lhuillier Jewelry’s official Lazada and Shopee pages.

    Interested buyers can also tune in to the Cebuana Lhuillier Jewelry Facebook page or at the Cebuana Lhuillier Jewelry Premium Facebook page.

    REFERENCE:

    John Paulo Ondra Caparros

    Public Relations Department

    Strategic works, Inc.

    +638937472 | +639173068591

    john.caparros@stratworks.ph

    2nd Floor Zaragoza Building, 102 Gamboa Street, Legaspi Village, Makati City PH

  • Cebuana Lhuillier’s services can now be done from home

    Cebuana Lhuillier’s services can now be done from home

    In the past year, we’ve seen how businesses have switched to digital platforms due to the community quarantine. Many have come up with innovative ways to ensure that they are able to provide their basic services to people at home. One of them is Cebuana Lhuillier, which is one of the most accessible pawnshops in the country with 2,500 branches nationwide.

    To further make themselves more accessible, they launched Cebuana From Home (CFH), a platform that gives clients 360-degree access to Cebuana Lhuillier’s services—from cash remittance to pawning.

    Here’s a quick rundown of CFH and how the platform can help the general public.

    Pawn from Home

    Cebuana Lhuillier has made their pawning service available online to ensure safer transactions. Pawn-from-Home allows clients to pawn jewelry online—they just need to accomplish an application form on the CFH site (https://www.cebuanafromhome.com). After it’s been reviewed, an appraiser from the nearest Cebuana Lhuillier branch will go to the client’s home to appraise the item, negotiate the value, and release the loan.

    Other Pawn-from-Home perks include being able to pay for the pawn renewal service interest fee online and redemption of pawned items through the CFH platform.

    Hassle-free bills payment and cash remittance

    CFH has likewise made it easier to pay bills and send money without leaving the house. The online Bills Payment service provides access to more than 10 billers nationwide. Meanwhile, the remit-from-home feature allows users to send money online through Cebuana Lhuillier agents.

    In addition,  one can also avail of Cebuana Lhuillier Insurance Broker’s (CLIB) roster of affordable and comprehensive packages, which include Personal Accident insurance, Medical Expenses insurance, and Doctor’s Consultation insurance.

    Reliable express delivery

    Because of the continued lockdown, delivery services for everyday needs have increased significantly from last year and Cebuana Lhuillier has made it possible for pawned items, to be sent or delivered, as well. With the Cebuana Lhuillier Express Delivery Service, clients from select pilot areas can have jewelry items and cash delivered right to their doorstep. The brand’s dedicated riders will ensure that items are secure and delivered on time. That way, there is no more need to go out and pick up the bought items, ensuring the safety of the whole family.

    These Cebuana From Home services can be accessed at bit.ly/CebuanFromHome. A mobile app, as well as access points via Facebook Messenger and SMS, will be available to the public soon.

    REFERENCE:

    John Paulo Ondra Caparros

    Public Relations Department

    Strategic works, Inc.

    +638937472 | +639173068591

    john.caparros@stratworks.ph

    2nd Floor Zaragoza Building, 102 Gamboa Street, Legaspi Village, Makati City PH

  • BPI encourages small business owners to use QR code cashless payment for security and convenience

    BPI encourages small business owners to use QR code cashless payment for security and convenience

    The Bank of the Philippine Islands (BPI) recently rolled out its Cashless Negosyo webinar series in North Luzon, which aims to boost the ability of small entrepreneurs to adapt to the new reality as consumers turn to e-commerce due to quarantine constraints amid the COVID-19 pandemic.

    According to BPI, digital payments will aid small business owners to ensure personal, employee, and customer safety. This will help them abide by the government’s minimum health protocols, and enables them to offer their goods and services online or via delivery. It also allows them to reach as many customers despite quarantine restrictions.

    “BPI provides cashless payment option to small business owner or sole proprietor clients of the bank and help minimize if not eliminate waiting lines in their stores because their customers can just scan the QR code simultaneously to pay for their purchases. That is why for small business owners who will be generating their own QR code, it is important to make QR standees so that customers can check out faster,” said BPI Division Head for North Luzon, Marwin Galvez.

    BPI reiterated that cashless payments made via QR code is not only faster and safer, but is also more accurate than using electronic fund transfer as payment option because it’s less prone to typing erroneous details compared to doing fund transfer by inputting the 10-digit account number. It eliminates the risk of transferring money to a wrong account.

    BPI noted that from 70 percent in March this year, the number of transactions done digitally have now increased to 90 percent in November. More than half of its 8 million clients are also now registered to the bank’s digital platforms for their everyday banking needs. Small business owners may promote their cashless payment option to encourage and reassure customers that it is still safe to shop through this contact less payment method. “We encourage small business owners to make use of the QR code system as a way of protecting them and their clients as the market shifts to more online transactions and digital living in the new normal,” Mr. Galvez added.

    REFERENCE:

    Lariza Garcia

  • Digital Doc program: Send me your QR code

    Digital Doc program: Send me your QR code

    The next time you look to pay your doctor, you may want to ask for his or her QR code — cashless transactions are safer for the patient and doctor alike. Through our Digital Doc program, we enable doctors and medical professionals to enjoy the benefits of digital payments via QR code.

    “We are thrilled to share the benefits of cashless transactions — in enabling online health consultations and in keeping us all (doctors and patients alike) safe during these trying times,” said BPI Deputy Head of Marketing Mariana Zobel de Ayala.

    “In addition to keeping us safe from COVID-related health risks, the use of QR codes keep your bank accounts safer as well — they are less prone to errors that often happen when keying in account numbers and transfer amounts.” Patients can pay in seconds and for free — by just scanning the QR code and inputting the payment amount. Doctors, in turn, are able to monitor their funds anytime, anywhere through BPI Online or BPI Mobile app. “As BPI, we hope to be a partner for our healthcare professionals — in enabling them with what is needed to adapt to the next normal, and more importantly, to keep them safe, ” she said.

    To activate a QR code for free, doctors are invited to log in to BPI Online or BPI Mobile app and select “Other Services,” followed by “QR Generator.” From there, they simply select the account for which they wish to generate a QR code for, and can even add a nickname or label for their QR code — so that it is easily recognizable for anyone they send to. They have the option to include an amount requested for payment — but either way, by clicking “Save to Device” they can access it easily anytime — and send it to their patients as they wish. Beyond the benefits of convenience, BPI’s digital banking platforms offer security features to ensure protection of your data and account information.

    Visit the BPI website at https://www.bpi.com.ph/accept-payments-with-a-qr-code to know more about accepting payments via QR code.

    REFERENCE:

    Lariza Garcia

  • Sun Life Concludes 125th Anniversary With “Himig Ng Pasasalamat” Featuring Ben&Ben And The CompanY

    Sun Life Concludes 125th Anniversary With “Himig Ng Pasasalamat” Featuring Ben&Ben And The CompanY

    Sun Life Philippines concludes its 125th anniversary by bringing together two of the most talented musical groups in the country, Ben&Ben and The CompanY, in a virtual OPM Christmas concert especially for clients, advisors, and employees.  

    Entitled “Himig ng Pasasalamat,” the event was held on December 18, 2020 at 8pm. Sun Life’s brand ambassadors Piolo Pascual, Matteo Guidicelli, Enchong Dee, Inigo Pascual, and Charo Santos-Concio who made an appearance, while the Mandaluyong Children’s Choir performed a special number.  

    Sun Life clients who registered the concert got a special treat, including access to a virtual venue which were simulated a live setting, making the experienced more interactive. They were also qualified for a raffle of a chance to win a Sun Life Prosperity Card loaded with P5,000 credits which can be invested in any of the Sun Life Prosperity Mutual Funds, an overnight stay for two in a Seda Hotel of choice, gift certificates, and P50,000 worth of investment credits. Given the limited slots, Sun Life clients were encouraged to register early through the registration link they have received via email.  

    To build up the excitement, Sun Life has counted down to the online Christmas concert with “12.5 Days of Pasasalamat,” a daily promo on its Facebook page until December 17, 2020. Participants got a chance to win gift certificates, Sun Life Prosperity Cards, and special access to the “Himig ng Pasasalamat” virtual venue. 

    A replay of the concert will be shown to the public on December 28, 2020 via Sun Life’s Facebook page at www.facebook.com/SunLifePH.  

    “For us at Sun Life, this is an opportunity to thank our clients, advisors, employees and partners for their continued trust and support throughout our 125 years in the Philippines. Besides, this is also a chance for us to pay tribute to those at the frontlines in our battle against the pandemic and various calamities,” Sun Life Chief Marketing and Client Experience Officer Gilbert Simpao said. “We look forward to bringing some yuletide cheer in everyone’s homes. The year may have been a challenging one, but there is still reason for us to be thankful and celebrate Christmas.”   

    About Sun Life  

    Sun Life is a leading international financial services organization providing insurance, wealth and asset management solutions to individual and corporate Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of September 30, 2020, Sun Life had total assets under management of CAD $1,186 billion. For more information, please visit www.sunlife.com.  

    Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF. 

    Reference & Media Relations Contact:

    MARIQUIT LINTAG

    Mobile no: +63928-5050088

    Email: mlint@sunlife.com