UnionBank, Lazada announce Philippines' first ecommerce debit card

Tuesday 13 October 2020 10:41 CET | News

The UnionBank of the Philippines and Lazada online shopping center have announced the launch of the country's first ecommerce debit card, according to

Powered by UnionBank's digital banking capabilities, the card is designed to give customers a seamless and secure experience while shopping online.

The card lets cardholders earn two Lazada wallet credits for every USD 10 spent on Lazada's shopping site and one Lazada wallet credit for every USD 10 spent outside the Lazada platform. Cardholders also receive special discounts and offers from selected LazMall merchants including access to pre-sales and mega-sales.

To open a UnionBank Lazada debit card account applicants can use the UnionBank Online app or the UnionBank microsite accessible via the Lazada website and app. Once applicants open an account, they can start their online shopping.

As UnionBank debit cardholders, customers will be able to use the bank's digital banking solutions including cashless payments, money transfers to remittance centers, digital check deposits and other features. Cardholders also have options to fund their accounts including cash deposits at any UnionBank branch or cash deposit acceptance machine; interbank fund transfers via InstaPay, PESONet, or through Bancnet ATMs, or. through 7-Eleven and ECPay's partner merchants nationwide.

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Keywords: UnionBank, Lazada, ecommerce, debit card, retail, merchants
Categories: Payments & Commerce
Countries: Philippines
This article is part of category

Payments & Commerce