Security Bank has partnered with Euronet, a global leader in electronic payment services, to launch co-branded, white label ATMs nationwide. This initiative directly places ATMs in workplaces and commercial centers, improving access to cash and banking services for payroll and corporate clients.
The partnership is anchored on a shared commitment to innovation and customer-centricity. By leveraging Euronet’s extensive ATM network and Ren payments platform, Security Bank expands its service reach and provides practical banking solutions tailored to the needs of Filipino businesses and their employees.
“Today, we take a bold step forward by partnering with Euronet to introduce white label ATMs, expanding our reach and redefining convenience in banking,” said Lucose Eralil, EVP and Chief Operating Officer at Security Bank. “Through this initiative, we aim to better serve our payroll and corporate clients by offering on-site access to cash, right at their offices. It’s a practical, forward-thinking solution that simplifies everyday banking and brings financial services closer to where they’re needed most.”
These white label units will provide clients with on-site ATMs for easier salary access, expanded ATM coverage in underserved and high-traffic areas, and streamlined payroll processing with improved cash management. For employers, this translates to operational efficiency and reduced cash handling.
“This strategic alliance positions the ATM as a key channel for expanding our payroll services, attracting new corporate clients, and delivering faster, more reliable access to cash. With Euronet’s wide ATM network, we’re enhancing both reach and service quality for our clients,” said Myla Untalan, SVP and Retail Channels Head at Security Bank.
“Our partnership with Security Bank, which began in 2018, has grown into a powerful collaboration,” said Sriram Jayakumar, Managing Director, Euronet Philippines. “The launch of our co-branded white label ATM network is a key milestone, reflecting our shared commitment to innovation and seamless banking services. We look forward to further strengthening our relationship and achieving even greater success together.”
Through this collaboration, Security Bank aims to strengthen its payroll and corporate banking portfolio, attract new clients, and further reinforce its BetterBanking promise to deliver meaningful solutions that address the real-world needs of Filipino businesses.