State-owned lender Landbank launched last week its newest card product ? the Landbank Visa Debit Card that allows cardholders to buy online as well as cashless purchases in retail stores and merchants worldwide.
A partnership with Visa, the Landbank Visa Debit Card also enables cardholders to withdraw local currency from any of two million ATMs in more than 200 countries and territories worldwide.
Cardholders can likewise shop online, pay bills, and purchase over the phone and via the mail using funds in their linked transaction account.
?The Landbank Visa Debit Card is part of our continuing effort to provide our cardholders with efficient and fast service by giving them freedom to access their money when they want, wherever they are,? said Landbank president and CEO Gilda E. Pico.
?Our partnership with Landbank is a testament to our commitment to provide more Filipinos with access to electronic payments. With over 1.7 million Landbank customers, including all government employees, the Landbank Visa Debit card will allow cardholders to leave their cash at home and make purchases wherever Visa is accepted, with the convenience and security associated with the Visa brand,? said Iain Jamieson, Visa country manager for the Philippines and Guam.
The Visa Debit Card eliminates the need to use cash for everyday purchases such as in gasoline stations, grocery stores, and restaurants.
It also provides cardholders with instant access to cash from Landbank ATMs and any ATM overseas that displays the Visa logo.
