MANILA, PHILIPPINES — Mastercard, a global technology company in the payments industry, and UNO Digital Bank, a full-spectrum digital bank, have partnered to launch the first numberless debit card in the Philippines. The new numberless UNO Debit Mastercard offers a safe, secure, and sustainable banking experience for cardholders in the Philippines.
As the Philippines’ first numberless card, the numberless UNO Debit Mastercard has been designed to address security concerns for online and offline payments. The card is completely numberless (front and back), thereby averting any risks of theft of personal and financial information, such as card details, in case the card is lost or stolen. The numberless debit card will only show the cardholder’s name with the official Mastercard and UNO Digital Bank logos.
Cardholders are provided with enhanced security features such as:
- Option to lock cards temporarily and to reset the daily transaction limit in-app anytime to prevent misuse
- Email or SMS alerts each time a transaction is incurred on the card to monitor usage and be alerted of any possible fraudulent activity
- EMV chip and PIN-enabled physical card that will mitigate potential fraud or risk
The card also offers Mastercard’s contactless Tap & Go feature which can be used at POS terminals that have the universal contactless symbol for easier checkout. In addition to online and e-commerce platforms, the physical card can also be used for cash withdrawals at ATMs where Mastercard is accepted, both in the Philippines and overseas.
The card is also an eco-friendly product as it is manufactured from recyclable plastic and is composed of 85.5% PVC (polyvinyl chloride) plastic.
“Working with Mastercard has provided us with the opportunity to offer our customers an innovative payment experience through a numberless card. While we are on a mission to provide a single trusted interface to manage one’s entire financial life cycle journey, we continue to aim to be a trusted partner. Through the numberless UNO Debit Mastercard, the first in the country, we can demonstrate how innovation can elevate the banking experience,” said Manish Bhai, CEO of UNO Digital Bank.
“Mastercard is delighted to partner with UNO Digital Bank on this innovative product that is well-designed with security considerations in mind. The numberless UNO Debit Mastercard combines security with convenience, bringing together the advantages of a safer and more secure debit card. Through this partnership, Mastercard is enabling innovative, easy-to-use, and frictionless transactions for consumers as they spend and seek priceless experiences,” said Mastercard Philippines Country Manager Simon Calasanz.
For every #UNOready savings account opened with UNO Digital Bank, a complimentary Debit Mastercard virtual card will also be automatically activated with a minimum deposit of PHP100 in the account. Customers can shop online, anytime, anywhere Mastercard is accepted worldwide.