MANILA, PHILIPPINES — UNO Digital Bank is partnering with Mastercard to issue digital and physical Debit Mastercard cards in the Philippines. The virtual cards will make it easy for customers to transact online, and the physical card can be used at points of sale at retail outlets or any Mastercard, Maestro, or Cirrus ATMs worldwide.
Manish Bhai, CEO of UNO Digital Bank says, “Filipinos are embracing digital payments, and our partnership with Mastercard honors our promise to deliver simple solutions to our customers that offer a better banking experience.”
“Moreover, as a credit-led bank we are also building a payments ecosystem,” says Bhai. “In our business partners, such as with Mastercard, we seek those with a similar mindset to our own: a mission to deliver innovation with simplicity. Stay tuned as to how we innovate the debit Mastercard card for our launch in Q2 – it will be a first for the Philippines!”
“Mastercard is honored to work with innovative partners like UNO Digital Bank who are paving the way to financial inclusion in the Philippines. Mastercard debit cards are designed to meet evolving consumer needs, and make everyday payments safe, simple, smart and accessible,” said Simon Calasanz, Country Manager, Philippines, Mastercard.
UNO Digital Bank’s physical Debit Mastercard will have exciting security features that are designed to mitigate fraud and empower cardholders to prevent the misuse of their card. Cardholders will also have access to Mastercard’s curated selection of Priceless experiences and everyday merchant offers that will allow them to stretch their peso further.
“We are building in features that will elevate the banking experience for UNO Digital Bank customers, and take our commitment to cardholder convenience and innovation to the next level,” comments Vivek Kumar, Head of Loans, Payments & Ecosystems for UNO Digital Bank.
The bank will announce the Debit card attributes when it launches later this year.
Be one of the first to bank with UNO Digital Bank: add your name to our List at www.UNObank.Asia.
About UNO Digital Bank
UNO Digital Bank is a full-spectrum credit-led digital bank licensed under the Digital Banking License framework by the Bangko Sentral ng Pilipinas (BSP) in the Philippines. With UNO Digital Bank, Filipinos can use one trusted app to save, borrow, transact, invest, and protect their money; to manage their finances with speed and ease. UNO Digital Bank will officially be launched one the BSP issues the Certificate of Authority. www.UNObank.asia