A mobile digital wallet for unbanked people in the Philippines


Summary :

ASKI was founded in 1986 and has delivered services in micro-financial to more than 100 thousand unbanked people accompanied by empowerment to increase their incomes. After over 30 years in the development field, ASKI has achieved great milestones and overcome serious challenges on its journey. ASKI implemented a mobile digital wallet named ACASH. During the COVID-19 outbreak, it became popular around the world. This resulted in increased usage and massive growth.

Since it was launched in March 2021, ACASH has had 5,361 transactions amounting to USD 96,000 as of August 31, 2021.

The mobile digital wallet helps ASKI networks to expand their own networks by helping each other to meet their payment needs without physical contact.

Sources :

Ripess Intercontinental