UNO Digital Bank partnering with Mastercard in the Philippines, Debit Mastercard cards can be issued digitally and physically. The virtual cards make it simple for customers to transact online. Customers can also use the physical card at points of sale at retail outlets, Mastercard, Maestro, and Cirrus ATMs around the world.
Manish Bhai is the CEO of UNO Digital Bank. “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,” Simon Calasanz was the Country Manager of Mastercard Philippines.
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.
When the Debit card launches later in the year, the bank will announce its attributes.