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    Sterling Bank Accelerates Adoption of Digital Payments through QR Code

    Sterling Bank of Asia (SBA) continues to strengthen its digitization efforts by improving its online banking platform with the implementation of the Sterling Bank QR Pay. Among the BSP-supervised financial institutions, SBA is one of the first thrift banks that has adopted the National Quick Response Code Standard (QRPh). “The advantage of using QR code is that it facilitates instant payment or fund transfer without the need to manually key in the account details,” said Mr. Cecilio San Pedro, SBA’s President and CEO. This lessens the errors and makes fund transfers and payments fast, safe, and convenient. QRPh makes QR codes of different banks and e-wallets interoperable. Through Sterling Bank’s…