Rizal Commercial Banking Corporation of the Yuchengco Group has launched RCBC Pay, another payment solution that allows RCBC Mastercard credit cardholders to make secure, contactless payments using their NFC-compatible Android smartphones.
RCBC Pay leverages advanced Near Field Communication (NFC) technology, which allows credit cardholders to pay by simply tapping their Android smartphones and enjoy the benefits of their Mastercard without needing to carry the physical card.
This innovation is set to transform the payment experience by offering a fast, convenient, and secure method of transaction. Powered by Mastercard, RCBC Pay was developed and deployed by Thales, a global leader in payment technology and security.
"RCBC Pay represents our commitment to embracing digital transformation and enhancing the convenience for our customers,” said RCBC Credit Cards President Arniel Vincent B. Ong during the launch.
He added, “By collaborating with Mastercard and Thales, we are able to provide a secure and efficient payment solution that meets the evolving needs of today's consumers."
Mastercard Philippines Country Manager Simon Calasanzat said added, "This initiative is a testament to our shared vision of driving innovation in the payment landscape and providing cardholders with greater choice to access and use their money in the form or device that makes their payment experience more seamless.”
Thales Vice President for Banking & Payment Services in Asia, Middle East, and Africa Nassir Ghrous noted that, "Our advanced security technologies ensure that users can make contactless payments with confidence, knowing their transactions are protected by the highest standards of security."
RCBC Pay is now available to all RCBC Mastercard cardholders with NFC-enabled Android smartphones. It can be used at over 92 million Mastercard-accepting merchants around the world.
To start using RCBC Pay, cardholders can download the RCBC Pulz app from Google Play, link their RCBC Mastercard credit card, and begin making contactless payments immediately.