Metro Manila commuters can now seamlessly pay for their Metro Rail Transit Line 3 (MRT-3) fares starting Friday, July 25, using their Mastercard credit, debit, or prepaid cards by simply tapping at designated contactless turnstiles. In a statement, Mastercard said the new capability also extends to...
Senate President Pro Tempore Jinggoy Ejercito Estrada has filed a bill banning the issuance of pre-approved credit cards to individuals who did not apply for them. Although such practice is already provided under Bangko Sentral ng Pilipinas (BSP) Circulars Nos. 702 and 845 issued on December...
Commuters in Cebu and Mandaue City can now use their Visa cards to pay for rides on modern jeepneys. Visa announced its collaboration with Good Transport Solutions Inc. (GTSI) and GHL to facilitate card payments on these modern jeepneys in the region, the second largest city in Cebu. GTSI, a...
Looking to get your first credit card? The new BDO ShopMore Mastercard Credit Card has got you covered. When the urge for a shopping spree strikes, contrary to popular belief, girl math won’t always cover all the bases. Whether it’s bill-paying time or your weekly allowance falls short, what if...
The Credit Card Association of the Philippines (CCAP) is encouraging credit card holders that are frequent flyers or regular travelers to make use of cards with travel perks for maximum benefits. CCAP Executive Director Alex Ilagan said Tuesday, May 14, that the credit card market constantly...
With the rising prices of basic goods in the country, it's a welcome development that financial institutions are finding ways to help consumers save. Fuel constitutes a significant portion of many households' expenses. This is why the new UnionBank Shell Power Credit Card could be a gamechanger in...
Credit cards are meant to make life easier for owners. Not for actresses Carla Abellana and Arci Muñoz. They recently shared with fans separate muddles involving them and their credit cards. On social media, Carla expressed apparent exasperation finding out that her credit card had been...
Preference for electronic wallets (e-wallets) is fast catching up with hard cash among Filipinos while credit cards remained low despite long standing presence in the Philippines, according to a new study. The TransUnion inaugural Credit Perception Index (CPI) study seeks to measure Filipino...
The Manila International Airport Authority (MIAA) is eyeing to establish a new system that will enable business establishments at the Ninoy Aquino International Airport (NAIA) to accept all types of credit cards for easier transaction with passengers. NAIA (FILE PHOTO/MANILA BULLETIN) MIAA General...
The Bangko Sentral ng Pilipinas’ recent decision to maintain the two percent cap or 24 percent per year ceiling on credit card interest rates and charges is beneficial to cardholders who are still coping with the harsh economic impact of the past two years’ battle with the coronavirus pandemic....
The Bureau of Immigration (BI) has taken into custody a Nigerian national who was arrested and detained more than two years ago for involvement in credit card fraud and other cybercrime activities. (File photo fro Secuna Cybersecurity / MANILA BULLETIN) In a report to Immigration Commissioner Jaime...
There’s a reason why a lot of people apply for credit cards; if you don’t have one yet, get this one credit card If you can use plastic responsibly, it could be an efficient instrument in your arsenal for dealing with finances during the pandemic. We’re not talking about recycling, but credit...
