Security Bank Corporation (PSE: SECB) has partnered with VeritasPay Philippines Inc. to expand access to modern point-of-sale (POS) payment solutions for micro, small, and medium enterprises (MSMEs) across the Philippines.
As consumer preferences rapidly shift toward card and QR-based transactions, the ability to accept digital payments has become essential for small businesses. Through this collaboration, Security Bank’s MSME clients can now access VeritasPay’s secure POS terminals at preferential rates via the Bank’s referral program—making digital payment adoption more accessible and cost-effective.
VeritasPay’s POS platform is designed with ease and efficiency in mind. Its intuitive merchant dashboard provides real-time transaction visibility and simplifies daily reconciliation, enabling business owners to better manage collections, monitor cash flow, and streamline operations.
This initiative is part of Security Bank’s Beyond Banking Partnership Program, led by its Business Banking Segment (BBS), which aims to support MSMEs with practical tools and strategic collaborations that go beyond traditional financing.
“MSMEs need simple and reliable ways to accept digital payments as customer behavior continues to evolve,” said John David Yap, Executive Vice President and BBS Head of Security Bank. “Through our partnership with VeritasPay, we are enabling our clients to adopt modern solutions that help them serve customers better and operate more efficiently.”
For VeritasPay Philippines Inc., the partnership represents a shared commitment to empowering Filipino entrepreneurs.
“Today marks an exciting milestone as we formalize our partnership with Security Bank,” said Christopher Payne, President and CEO of VeritasPay. “By combining our payment technology with Security Bank’s strong MSME network, we can deliver seamless credit, debit, and QR payment solutions—backed by exceptional service that truly supports business growth.”
The collaboration underscores Security Bank’s continued focus on enabling business efficiency through innovation.
“Beyond financing, businesses today need tools that support everyday operations,” said Lex Cimagala, First Vice President and Customer Value Proposition Head of Security Bank. “By connecting our clients to VeritasPay’s POS solutions, we’re helping them streamline collections, improve cash flow visibility, and run their businesses more effectively.”
As part of the offering, Security Bank’s BusinessPlus accountholders can enjoy exclusive discounts on VeritasPay POS terminals, including 5% off one-time purchases and 10% off monthly leasing options on select devices.
Existing clients may coordinate with their branch managers or visit any Security Bank Corporation branch nationwide to learn more about VeritasPay-enabled POS solutions and how these tools can support their business growth.
