Union Bank of the Philippines (UnionBank), the country's leading digital bank for micro, small, and medium enterprises (MSMEs), has again teamed up with one of the major e-commerce platforms Lazada, enabling online sellers to have more options when it comes to bringing their products closer to customers.
With the memorandum of agreement (MOA) signed last 10 March 2022, UnionBank through its digital MSME online platform UnionBank GlobalLinker (UBGL), will create a special site for all Lazada sellers and the latter will do the same for UBGL sellers. All existing Lazada sellers prior to the partnership will be automatically included.
According to UBGL and Lazada, the joint initiative aims to encourage more sign ups in both of their respective marketplaces. It will help entrepreneurs expand their online presence much easier, as enlisting with either platform automatically opens up another virtual storefront for them, resulting to more opportunities in doing business with customers.
Signing up offers numerous benefits to sellers. First, they will have access to a dedicated Lazada Onboarding Team. This crew can provide guidance on a number of ideas ranging from selling to strategies; help those who have questions or concerns; and notify sellers about the latest initiatives within the Lazada platform.