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April 21, 2024

UnionBank, Lazada team up to launch Quick Gives

The two firms aim to offer more flexibility on payment options.

Union Bank of the Philippines and Lazada Philippines recently inked a memorandum of agreement for Quick Gives to provide more flexibility in payment methods for UnionBank payroll customers on the Lazada app. The Quick Gives program intends to offer loans to preselected UnionBank payroll accounts, to be approved and disbursed in real-time and disbursed to the borrower’s Lazada Wallet within two days or less.