This comes after UnionBank and Lazada launched a co-branded e-commerce credit card last August.
With online transactions at an all-time high in the country, e-commerce site Lazada Philippines and local lender UnionBank have launched what is dubbed as the country’s first credit card optimized for e-commerce transactions.
UnionBank signed an MOU with Now Corp. and affiliate Now Telecom to utilize and promote the use of new generation telecommunication networks, including 5G wireless technology, in support of the bank’s digital transformation roadmap.
The first activated site with a 1Gbps broadband connectivity via fixed wireless is UnionBank’s corporate headquarters in Ortigas Center, Pasig City.
Now on its third year, IDC’s DX Awards honors the achievements of organizations that have successfully digitalized one or multiple areas of their business through the application of digital and disruptive technologies.
Taxpayers who do not yet have a UnionBank account can also enjoy the tax e-payment platform by signing up for a Taxumo account.
Unionbank, which touts itself as a digital-savvy bank, recently launched its fintech subsidiary called UBX, which will focus on ?embedded banking? and develop solutions built on blockchain.