UNO Digital Bank to issue physical debit Mastercards

UNO Digital Bank has just announced its partnership 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.

“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.” says Manish Bhai, CEO of UNO Digital Bank.

UNO Digital Bank’s physical Debit Mastercard will have 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 merchants that offer special promos.

The bank will announce the debit card attributes when it launches later this year.