Union Bank launches new credit card with Visa

Funds from overseas can be received through a new credit card jointly launched by Visa International and Union Bank of the Philippines.

UAE Exchange, a leading provider of remittance services in the United Arab Emirates, will be the first remitter to offer the service to the Philippines, with other key markets for Filipinos working overseas to be added in the coming months.

“It is fitting that our first rollout of this service in Asia is in the Philippines, and is further proof of Visa’s ability to deliver world-class products and services to its customers here, in partnership with innovative banks like Union Bank,” Iain Jamieson, Visa country manager for Philippines and Guam, said in a press presentation yesterday.

The new service allows Philippine-issued Visa cards to receive funds in near real-time, giving recipients their money in minutes, quickly and securely. Funds are deposited directly onto client’s Visa cards, which can then be used to make purchases at millions of local and global merchant outlets which accept Visa cards, as well as withdraw cash from more than 1.8 million ATMs in the Philippines and around the world.

Follow the link for more news on

Also Read

OCBC teams up with Disneyto boost new customer growth in SEA

Vietnam’s debit card payments market to be worth $65.6b in 2028

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit