Add to card everything you love with exclusive online shopping rewards
From left, Anton Corro, Card Business Head, Neil Trinidad, Chief Marketing Officer, Lazada Philippines and Ana Delgado, UnionBank Consumer Finance Center Head. and Chief Customer Experience Officer
Photo collage from THEPHILBIZNEWS during the digital launch of UnionBank-Lazada Co-Branding last August 7, 2020
By Victoria “NIKE” De Dios
The triumvirate of Union Bank of the Philippines (UnionBank) and Lazada Philippines, together with Mastercard, has launched the all-new UnionBank Lazada Credit Card.
It is a milestone in the country being the first e-commerce credit card that makes online shopping even more rewarding and would certainly help the growing number of online entrepreneurs and e-commerce industries.
Read related story:
https://thephilbiznews.com/ph-records-biggest-growth-in-e-commerce-in-the-region/
With the advent of the new UnionBank Lazada Credit Card, cardholders are allowed to directly earn up to 6x Lazada wallet credits from their online spend at Lazada – the highest earning rate among other credit cards in the market.
For every P200.00 spend at Lazada purchases earns cardholder with P6.00 Lazada credits. Meanwhile, the cardholder earns P1.00 for every P200.00 on all other purchases outside Lazada.
“As the country’s leading digital bank, we’re truly excited about this new partnership because we believe the new UnionBank Lazada Credit Card will enable us to serve the growing needs of Filipino shoppers in this rapidly changing digital economy,” said UnionBank president and CEO Edwin Bautista.
During these uncertain times, UnionBank Lazada Credit Card gives customers a new safe and secure payment option for their online transactions. As another testament to UnionBank’s digital banking technology, the UnionBank Lazada credit card also introduces a new virtual credit card – which cardholders can use for online transactions without waiting for the physical card to be issued.
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 UnionBank Online app, with security controls including biometrics and one-time-password (OTP).
A physical card will also be delivered to cardholders for their face-to-face, point-of-sale transactions.
“It is a privilege to collaborate with UnionBank as we work towards creating a secure and inclusive digital economy in the Philippines. With more people turning to the Lazada platform to meet their needs, the new UnionBank Lazada Credit Card will empower Filipino customers to get more value from their purchases as they embrace a cashless digital lifestyle,” said Ray Alimurung, Lazada Philippines’ Chief Executive Officer.
Meanwhile, Ana Delgado, UnionBank Consumer Finance Center Head. and Chief Customer Experience Officer said, “We’re excited to partner with Lazada Philippines and launch this newest co-brand credit card with the highest earn rate of up to 6X rewards at Lazada. Especially in this digital age and in the backdrop of limited mobility due to the global pandemic, more and more shopping is done online, and this card is the perfect product to use at Lazada. The more you shop at Lazada, the more you earn credits.”
“I invite everyone to experience how UnionBank Lazada Credit Mastercard makes adding to cart and checking out a rewarding experience. So add to card now,” she added.
For Mastercard Philippines Country Manager, Rowell del Fierro, he shared, “Mastercard is pleased to partner with the country’s multi-awarded digital bank and the top e-commerce platform in Southeast Asia to deliver more value to Filipino e-customers. The UnionBank-Lazada Credit Card is a demonstration of Mastercard’s global expertise in co-brands and its continuing commitment to bringing digital solutions that enable a seamless and secure shopping experience online.”
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’s Lazada Wallet using their UnionBank Online app with just a few clicks, anytime, anywhere.
Enjoy exclusive shopping benefits at Lazada with the new UnionBank Lazada Credit Card! Get P5,000 Lazada Wallet credits as a welcome gift when the application is approved for a UnionBank Lazada Credit Mastercard (Terms & Conditions apply). Enjoy free monthly shipping of up to P50.00 and free discount vouchers of up to P250.00 during their Mega Sales (birthday sale, mid-year sale, 9.9, 11.11. 12.12). Special discounts and exclusive sales also await cardholders from Lazada.
Apply now and start a new digital shopping experience at Lazada with the new UnionBank Lazada Credit Card at www.unionbankph.com or www.lazada.com.ph. Get ready to #AddToCard everything you love at Lazada’s 8.8 Shop Local Bounce Back Sale on August 6-8 and show your support to homegrown brands!
