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UCPB posts highest payments growth in 2018




UCPB was recognized by VISA for obtaining the highest debit e-commerce payment volume growth in 2018. This is the second year for UCPB to obtain the recognition after launching the UCPB VISA Debit EMV Card in 2016.

The award was presented by VISA Business Development head Dan Wolbert and country manager for VISA Philippines Stu Tomlinson to UCPB AVP2/product management and sales Department head Erica Diago, VP/marketing group head Charina de la Cruz-Balanquit and AVP/product manager Iris Veronica Lim during the VISA Annual Awards held recently at the Manila Polo Club.

“We owe this award to our VISA Debit cardholders, particularly those who belong to the millennial segment. This represents their daily purchases and payments. We see a continuing increase in card usage as e-payments continue to gain traction in the country with the popularity of online shopping sites, Grab and other apps which provide unprecedented convenience to our customers. We will continue to enhance our VISA card offering in 2019 and soon launch our VISA payWave card that will enable faster payments using RFID technology. We will also have more promos to encourage card usage and further enhance its security features,” Balanquit said.

Aside from VISA online merchants, UCPB VISA Debit EMV Card is also accepted globally in POS-enabled establishments such as supermarkets, department stores, restaurants and gas stations. UCPB clients can also withdraw cash anytime, anywhere in over two million ATMs worldwide.

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