AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

PHILIPPINES BANK RCBC PRESENTS 'MYWALLET' MRT CARD.

AsiaPulse News

| June 30, 2009 | COPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

MANILA, June 30 ap - Rizal Commercial Banking Corporation (RCBC) announced it will further expand its Philippines customer base via electronic channels.

Among the technology driven electronic products that the bank is heavily relying on for its customer base expansion is the soon-to-be operational RCBC MyWallet-MRT Card.

RCBC said that this reloadable automated teller machine (ATM) facility is the first of its kind in the banking industry which will allow cardholders fast and easy access to the MRT.

With a simple flashing of their cards to an electronic system, customers can gain entry through the turnstiles and prompt an automatic debit of their fares from their account balances.

"By July 15th of this year, the RCBC MyWallet MRT card will be available for use by the almost one million MRT commuters. We see the potential of the MyWallet LRT card as an additional source of fee-based income for bank," RCBC president and chief executive officer Lorenzo V. Tan stated in their disclosure to the Philippine Stock Exchange (PSE) Tuesday.

Beyond traditional bricks and mortar, RCBC continues to expand its customer reach via electronic channels, he further said.

The RCBC MyWallet ATM Card is a reloadable cash card that functions like a regular ATM card without requiring customers the hassle of having to maintain a minimum ...

Related articles from newspapers, magazines, journals, and more
Philippines: RCBC presents 'MyWallet' MRT card.
News wire article from: Thai Press Reports July 1, 2009 700+ words
...base expansion is the soon-to-be operational RCBC MyWallet-MRT Card. RCBC said that this reloadable automated teller...account balances. By July 15th of this year, the RCBC MyWallet MRT card will be available for use by the almost one million...
RCBC net profit rises to P780M.
Newspaper article from: Philippine Daily Inquirer May 7, 2009 700+ words
...P90.4 billion. This was on the back of an expansion of its branch and ATM networks, the activation of Web-based banking channel RCBC Access One and the introduction of RCBC MyWallet, a reloadable cash and ATM card. Doris C. Dumlao
Philippines: RCBC net income for Q1 2009 placed at P780M.
News wire article from: Thai Press Reports May 7, 2009 700+ words
...improved electronic banking channels such as RCBC Access One and the introduction of new retail banking products such as RCBC MyWallet all contributed to the increase in total deposits by 23 percent to P200.6 billion, with the low-cost deposits rising...
PHILIPPINES' RCBC REPORTS US$16.3 MLN NET INCOME IN Q1.(Financial report)
News wire article from: AsiaPulse News May 6, 2009 700+ words
...improved electronic banking channels such as RCBC Access One and the introduction of new retail banking products such as RCBC MyWallet all contributed to the increase in total deposits by 23 per cent to P200.6 billion, with the low-cost deposits rising...
Yuchengco bank taking 'cautious position'.
Magazine article from: BusinessWorld (Philippines) June 30, 2009 700+ words
...standards. Fee-based income is likewise expected to hike earnings, especially with the launch of the bank's MyWallet MRT card on July 15, providing cardholders with an automated teller machine card and access to the Metro Rail Transit 3 (MRT) system...
WEEKENDER.
Magazine article from: BusinessWorld (Philippines) September 28, 2001 700+ words
...it passes through an underground tunnel. Commuters can get to the next station in seconds. Moreover, instead of the usual MRT card token, the Hong Kong MTR uses a high-technology octopus card which need not be brought out from one's wallet or bag...
`Someone's stolen my first prize lottery ticket!'.
News wire article from: Asia Africa Intelligence Wire July 13, 2002 700+ words
...have stolen my wallet when I went to the toilet," said Oon. He lost RM300, his identity card, two ATM cards, a Singapore MRT card and four Big Sweep lottery tickets, which cost RM12, which he had bought from Taman Molek in Johor Baru. The draw for the...
For more facts and information, see all results

Source: HighBeam Research, PHILIPPINES BANK RCBC PRESENTS 'MYWALLET' MRT CARD.

©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA