Brankas and NetGlobal Solutions Inc recently formally signed a memorandum of understanding to promote cooperation between the two parties and expand the functionality of NetGlobal Pay. The plan focuses on enhancing the platform’s products, including QR code, bank payment and wallet payment functions, covering its payment and e-wallet services.
By integrating Brankas’ Direct API and Disburse API, the protocol aims to diversify available payment options beyond traditional credit and debit card transactions to include a variety of digital payment methods.
Brankas’ Direct API is designed to support e-commerce transactions, enabling retail cash deposits, fund transfers, and recurring subscription management. In contrast, the Disburse API is specifically designed to facilitate individual and collective payments related to wages, loans, commissions, and other financial expenditures.
NetGlobal Pay positions itself as an integrated payment platform that provides a range of financial transaction services, including online payments, cash payments, bill settlements, and QR code generation. Currently, NetGlobal Solutions Inc provides e-wallets and payment portals to a wide range of user groups, including cooperatives, digital banking entities, utilities, and retail markets.
Todd Schweitzer
Brankas CEO and co-founder Todd Schweitzer expressed enthusiasm for the NetGlobal partnership and highlighted the comprehensive service that NetGlobal Pay offers its customers.
“Brankas is no stranger to payment gateways […] We are particularly excited about our partnership with NGSI because NetGlobal Pay provides an integrated user experience for merchants and end users,”
Todd stressed that the collaboration is aimed at achieving accessibility to financial services.
Peter G. Lingatung
NetGlobal Solutions Inc. CEO Peter G. Lingatong also commented on the significance of the partnership, emphasizing its role in providing secure, innovative and accessible payment solutions to merchants and consumers in the Philippines.
“This partnership marks an important step towards our goal […] to establish NetGlobal Pay as the leading payment platform in Southeast Asia,”
Peter said he recognised that Brankas had a strong track record in supporting payment providers across the region.
This collaboration marks a step forward in our efforts to expand our range of digital payment solutions, with a focus on improving efficiency and accessibility of financial services in Southeast Asia.
