In the Philippines, UNO Digital Bank has partnered with Mastercard to offer digital and physical Debit Mastercard cards.
Customers will transact more easily online with virtual cards, while the real cards can be used at any Mastercard, Maestro, or Cirrus ATM globally.
“Filipinos are embracing digital payments, and our relationship with Mastercard demonstrates our commitment to provide our customers with simple solutions that improve their banking experience.” Manish Bhai, the CEO of UNO Digital Bank, agrees.
The physical Debit Mastercard issued by UNO Digital Bank will include security elements to reduce fraud and empower cardholders to prevent card misuse. Cardholders will also access a selected list of retailers that offer special promotions curated by Mastercard.
When the debit card is released later this year, the bank will announce the features.