PR89845

SINGAPORE, June 1, 2021 /PRNewswire=KYODO JBN/ --

Asalus Corporation (operating under the trade name "Intellicare"), one of the

country's leading health maintenance organization (HMO), recently partnered

with Union Bank of the Philippines (UnionBank), renowned as the "best digital

bank" in the country, for the ePaycard Digital Account Opening (eDAO) of its

affiliated doctors to help speed up the disbursement of their professional

fees, benefits, and other reimbursements. A virtual signing ceremony was held

last May 14, 20201 to formalize the partnership agreement.

UnionBank offers an account opening facility that is efficient, paperless, and

with a fully digital disbursement solution for the convenience of Intellicare

affiliated doctors. To facilitate the opening of their accounts, the doctors

will receive an SMS with a unique reference code which will be used to continue

the application via the UnionBank Online App. Account opening will be a fully

digital process which can be made at the doctor's own time and convenience.

Upon Intellicare's approval, the ePaycard accounts will be opened real time.

The doctors' ePaycard accounts will automatically be enrolled in UnionBank

Online and will be able to do digital transactions like Fund Transfer, Bills

Payment, Save up for Goals, Split Bills, Buy Load, and many more.

UnionBank and Intellicare will be providing communication materials and hosting

online onboarding sessions and webinars to educate the doctors on the features

and benefits of eDAO and how to secure their online bank accounts.

Mary Joyce S. Gonzales, Executive Vice-President and Retail Banking Center Head

of UnionBank, stated: "The COVID-19 pandemic has pushed all of us to innovate.

With restrictions on movement and the need for contactless payment to reduce

exposure to the virus, the Bank has made it its goal to aid companies and its

employees in making the disbursement process more efficient, convenient, and

safe for all those involved in the transaction."

Audrey Meldy B. Gallardo, Executive Vice-President of Intellicare, remarked:

"It is Intellicare's desire to always consider the best for our partner doctors

and medical facilities to ensure the efficient flow in the supply chain. This

payment facility of UnionBank is an enabler for us to meet our commitments to

them in the best way possible amid the challenges of less physical contact in

managing the pandemic."

About Intellicare Group

Intellicare is part of Fullerton Healthcare Group ("Fullerton Health") - a

leading vertically integrated healthcare platform in the Asia Pacific region.

Asalus Corporation (Intellicare) is engaged in the business of developing,

maintaining and promoting integrated medical and health maintenance services,

with the aim of providing a comprehensive, systematic and prevention-oriented

concept of medical and health maintenance program, through the accreditation,

integration and professional maintenance of the services of healthcare

facilities and providers.

For more information, please visit www.intellicare.com.ph.

About UnionBank

Union Bank of the Philippines has always been among the first to embrace

technological innovations to empower its customers into the future of banking.

It has consistently been recognized as of one of Asia's leading companies,

ranking among the country's top universal banks in terms of profitability and

efficiency.

Over the years, UnionBank has garnered a record-breaking number of awards and

recognition, most recently declared as Digital Bank of the Year by The Asset

Triple A, for four consecutive years now; Asia Pacific's Digital Trailblazer by

IDC Asia Pacific, and its most noteworthy recognition ranked "Top 2 Most

Helpful Banks in Asia Pacific during COVID-19" by BankQuality.com.

UnionBank stands firm in its promise to power the future of banking through

"Tech-Up Pilipinas" to best serve the growing needs of Filipinos everywhere,

while pioneering innovations for a better world.

For more information on UnionBank, please visit www.unionbankph.com

Media Contact:

Intellicare Group

Jinky R. Recto – Senior Manager for Corporate Communications and Events

jinky.recto@intellicare.com.ph

UnionBank

James P. Ileto – Vice President for Corporate Media Affairs

jmpileto@unionbankph.com

SOURCE Intellicare Group

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