{"id":56715,"date":"2020-08-10T11:00:06","date_gmt":"2020-08-10T03:00:06","guid":{"rendered":"https:\/\/primer.com.ph\/blog\/?p=56715"},"modified":"2020-08-10T12:43:37","modified_gmt":"2020-08-10T04:43:37","slug":"unionbank-lazada-launches-phs-first-e-commerce-credit-card","status":"publish","type":"post","link":"https:\/\/primer.com.ph\/blog\/2020\/08\/10\/unionbank-lazada-launches-phs-first-e-commerce-credit-card\/","title":{"rendered":"UnionBank, Lazada Launches PH\u2019s First E-Commerce Credit Card"},"content":{"rendered":"<p dir=\"ltr\" style=\"text-align: justify\"><span class=\"il\">Union<\/span> <span class=\"il\">Bank<\/span> of the Philippines (<span class=\"il\">UnionBank<\/span>) and <span class=\"il\">Lazada<\/span> Philippines, together with Mastercard, recently launched the all-new <strong><span class=\"il\">UnionBank<\/span> <span class=\"il\">Lazada<\/span> Credit Card<\/strong>, the country\u2019s first e-commerce credit card that makes online shopping even more rewarding.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\">The new <span class=\"il\">UnionBank<\/span> <span class=\"il\">Lazada<\/span> Credit Card is the only credit card that allows cardholders to directly earn up to 6-times\u00a0<span class=\"il\">Lazada<\/span> wallet credits from their online spend\u2014the highest earning rate among other credit cards in the market.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-56716\" src=\"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2020\/08\/LAZ_UB-MASTERCARD-2020_CREDITCREDIT-NUMBERLESS-1-e1597032944580.png\" alt=\"\" width=\"800\" height=\"547\" \/><\/p>\n<p dir=\"ltr\" style=\"text-align: justify\">For every Php 200 worth of spending at Lazada, cardholders can earn Php 6 Lazada credits. Meanwhile, the cardholder earns Php 1 for every Php 200 on all other purchases outside <span class=\"il\">Lazada<\/span>.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\">\u201cAs the country\u2019s leading digital <span class=\"il\">bank<\/span>, we\u2019re truly excited about this new partnership because we believe the new <span class=\"il\">UnionBank<\/span> <span class=\"il\">Lazada<\/span> Credit Card will enable us to serve the growing needs of Filipino shoppers in this rapidly changing digital economy,\u201d said <span class=\"il\">UnionBank<\/span>\u00a0President and CEO Edwin Bautista.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\">During these uncertain times, <span class=\"il\">UnionBank<\/span> <span class=\"il\">Lazada<\/span> Credit Card gives customers a new safe, and secure payment option for their online transactions. As another testament to <span class=\"il\">UnionBank<\/span>\u2019s digital banking technology, the <span class=\"il\">UnionBank<\/span> <span class=\"il\">Lazada<\/span> credit card also introduces a new virtual credit card that cardholders can use for online transactions without waiting for the physical card to be issued.<\/p>\n<p>https:\/\/www.facebook.com\/unionbankph\/posts\/10157581269891404?__cft__[0]=AZU4ahh5iKGnf0S2XlwiSmvZU-r5wIl_DTchipuV7sYlTrtD7BBji5UOXM9rU2dFu1-vss6bk3YZ9oDE1uDHNsJzW4KgJGr0rBpqTmqt_oBMA-Z96WL0H7OFRIF7qNdEiknXaeWHGH6VBzutc74dWSAS3HfhkhmvbR0EMEzMEO1SE7Rapv_gn9W34Y1ESoS0Yxf0Nsr_q2qvww_PuWpT9Uj2K7oIPqIKcc-2jF7kIUsndQ&#038;__tn__=%2CO%2CP-y-R<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\">The cardholder will receive the virtual card, activate, and use it to make online purchases immediately once the application is approved. The virtual card can be viewed safely through the <span class=\"il\">UnionBank<\/span> Online app, with security controls including biometrics and one-time-password (OTP).<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\">A physical card will also be delivered to cardholders for their face-to-face, point-of-sale transactions.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\">\u201cIt is a privilege to collaborate with <span class=\"il\">UnionBank<\/span> as we work towards creating a secure and inclusive digital economy in the Philippines. With more people turning to the <span class=\"il\">Lazada<\/span> platform to meet their needs, the new <span class=\"il\">UnionBank<\/span> <span class=\"il\">Lazada<\/span> Credit Card will empower Filipino customers to get more value from their purchases as they embrace a cashless digital lifestyle,\u201d <span class=\"il\">Lazada<\/span> Philippines\u2019 Chief Executive Officer\u00a0Ray Alimurung said.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\">On top of that, cardholders need not compute for any point conversion. Earned rewards are in the form of peso value credits, plus earned credits can be conveniently transferred to the cardholder\u2019s <span class=\"il\">Lazada<\/span> Wallet using their <span class=\"il\">UnionBank<\/span> Online app with just a few clicks anytime and anywhere.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\">&#8220;Mastercard is pleased to partner with the country\u2019s multi-awarded digital <span class=\"il\">bank<\/span> and the\u00a0top e-commerce platform in Southeast Asia\u00a0to deliver more value to Filipino e-customers. The <span class=\"il\">UnionBank<\/span>&#8211;<span class=\"il\">Lazada<\/span> Credit Card is a demonstration of Mastercard\u2019s global expertise in co-brands and its continuing commitment to bringing digital solutions that enable a seamless and secure shopping experience online,\u201d said Rowell del Fierro, country manager in the Philippines for Mastercard.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\"><em>For more information on how to apply for <span class=\"il\">UnionBank<\/span>\u00a0<span class=\"il\">Lazada<\/span>\u00a0Credit Card, visit\u00a0<a href=\"https:\/\/www.unionbankph.com\/cards\/lazada\" target=\"_blank\">unionbankph.com<\/a> or <a href=\"https:\/\/www.lazada.com.ph\/\" target=\"_blank\"><span class=\"il\">lazada<\/span>.com.ph<\/a>.<\/em><\/p>\n<hr \/>\n<p dir=\"ltr\" style=\"text-align: justify\"><em><span style=\"font-size: 10pt\">This is a press release. Edits were made prior to publishing.<\/span><\/em><br \/>\n<em><span style=\"font-size: 10pt\">Image grabbed from UnionBank website<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Union Bank of the Philippines and Lazada Philippines, together with Mastercard, recently launched the all-new UnionBank Lazada Credit Card, the country\u2019s first e-commerce credit card that makes online shopping even more rewarding.<\/p>\n","protected":false},"author":3,"featured_media":56718,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[94],"tags":[13752,13750,940,13753,4626,13751],"class_list":["post-56715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","tag-e-commerce-credit-card","tag-lazada-ph","tag-lazada-philippines","tag-union-bank-of-the-philippines","tag-unionbank","tag-unionbank-lazada-credit-card"],"acf":[],"jetpack_featured_media_url":"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2020\/08\/unionbanklazadacard_feat.jpg","_links":{"self":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/56715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/comments?post=56715"}],"version-history":[{"count":2,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/56715\/revisions"}],"predecessor-version":[{"id":56719,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/56715\/revisions\/56719"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media\/56718"}],"wp:attachment":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media?parent=56715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/categories?post=56715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/tags?post=56715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}