PayMaya Released New and More Secure Card Design

PayMaya New Card 2019

PayMaya continues to  enable more Filipino millennial and Gen Z with their very first financial account as the leading financial services provider releases a new card that help lower security risk through its innovative, minimalist design.

Aside from being equipped with the EMV standards, the new PayMaya card has all personal information of the cardholder-including the card number, the expiry date of the card, the CVV card security code as well as the cardholder’s name printed at the back of the card, which makes it more secure than most cards out in the market today.

Meanwhile, the front card design showcases a minimalist style with only pertinent logos and symbols of the features of the card.

Green outline helps you locate the card easily inside your wallet.

PayMaya is one of the first in the world to utilized this design feature, which is in response to the social media habits of it’s largely millennial user base, so that their cards can be safe and secure from being used by dishonest individuals. Even if they take photos of it and post it online.

Based on a Nilson Report published in November 2018, global brand card fraud amounted to $21.57 billion in 2017, up 6.9% from $20.18 billion in the year before. It is projected to increase in the coming years as consumers are seen to increase the volume of their transactions.

Kenneth Palacios, Head if Wallers Business at PayMaya Philippines said, “We are proud to be at the forefront of providing stronger security measures for PayMaya users. We know our users love their card which is why they are always excited to post about it on their social media accounts, but that also means exposing sensitive personal information to the public. With this new card, our customers are secured that they can brandish their cards to their heart’s content without risking their safety and security. This new designed EMV-enables card is in line with our efforts to help curb fraud as we are doubling the layers of protection for our growing number of millennial user. This is also our way to show strong support to the Bangko Sentral’s mission to protect the hard-earned money of our account holders.”

The ultimate payment card for travelers

From dinning at the restaurants to shopping in stores, PayMaya account holders are increasingly using their PayMaya physical card when they pay for travel-related expenses abroad. Without the need to call in advance for card activation, they can easily use their PayMaya card at establishments where Visa or Mastercard is accepted and at the same time, benefit from better foreign exchange rates.

Aside from that, they enjoy the convenience and satisfaction of receiving real-time SMS notifications for every transaction and not worrying about hidden charges. They can also easily block their card in the event that it gets lost or stolen.

Convenient payment anytime, anywhere

As the most in-demand e-wallet payment option particularly for they young market, PayMaya has also enhanced the convenience and security of its card by incorporating the EMV stands as well as the contactless payment feature of Visa and Mastercard.

PayMaya cardholders can also maximize the card’s features by linking their physical PayMaya card to the PayMaya app. By doing so, they can enjoy one wallet for online or in-store purchases and efficiently manages their expenses. Withdrawing for extra cash using the PayMaya card can be done anytime, anywhere on ant BancNet ATM nationwide and any Visa Plus machines abroad.

The new PayMaya card is available now at the PatMaya Online Store for only 200 pesos.

To know more about PayMaya’s products, services and promotions 

visit PayMaya.com/deals or follow @PayMayaOfficial on Facebook, Twitter and Instagram. 

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