Mastercard today announced the enhanced World and World Elite card programs, providing affluent consumers in the Philippines and other markets in Southeast Asia a range of rewards, lifestyle privileges and experiences at home and away. The card programs also provide an additional security layer with Mastercard ID Theft ProtectionTM that allows cardholders to proactively monitor […] More
Union Bank of the Philippines (UnionBank), the leading banking partner of micro, small, and medium enterprises (MSMEs) in the country, has rolled out the latest update for its MSME Business Banking app, introducing new features that will give business owners more flexibility when it comes to collecting payments from customers and managing their account. More
The Subic-Clark Alliance for Development (SCAD) has signed a memorandum of understanding (MOU) with Mastercard to join the company’s City Possible™ program. Connecting with a network of more than 300 member and candidate cities around the world, the partnership aims to drive greater infrastructural efficiencies, economic growth, digital and financial inclusion in the Subic-Clark corridor. More
Mastercard today announced the appointment of Simon Calasanz as its Country Manager for the Philippines, bringing nearly two decades of local experience in the banking and finance industry to the organization’s local leadership team. More
The latest Mastercard Philippines Contactless Study has found that even though cash remains the main payment mode in the country, accounting for one-third of consumers’ monthly spending, contactless payment methods are widely recognized by consumers. More
Mastercard and Pine Labs will launch their integrated “pay later” solution in five Southeast Asian markets early next year to offer consumers the flexibility of zero-interest instalments on purchases, expand business for merchants and connect banks, fintechs, payment gateways and device makers to a rapidly growing financing alternative. More
Women across the world have been disproportionally impacted by the COVID-19 pandemic – a staggering 87% of women business owners say they have been adversely affected. Overrepresentation in sectors hardest hit by the economic downturn (tourism, retail, F&B, etc), the pronounced digital gender gap in an increasingly virtual world, and the mounting pressures of childcare […] More
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Deep data insights are driving COVID-19 recovery strategies across all industries, including the travel and entertainment sectors where promising signs of improvement are starting to emerge, according to two reports by Mastercard that analyze how companies and consumers are weathering the pandemic and preparing for the future. More
Union Bank of the Philippines (UnionBank) and Lazada Philippines, together with Mastercard, have launched the all new UnionBank Lazada Credit Card, the country’s first e-commerce credit card that makes online shopping even more rewarding. More
Mastercard’s unwavering commitment to making transactions more convenient, safe and seamless through tap-and-go card payments has taken on new urgency and importance as the spread of COVID-19 highlights the imperative for “contact-free” environments and experiences as much as possible. More
Mastercard today announced a new partnership agreement with tonik, a two-year-old startup which recently received a bank license in the Philippines. Through this partnership, Mastercard will further enhance tonik’s market proposition by enabling the latter to issue a range of electronic payments products that taps into Mastercard’s global network and extensive business intelligence when tonik […] More