While eWallets like Maya and GCash offer crypto trading, they are limited to just buying and selling crypto assets. These platforms do not have the ability to conduct transactions using crypto assets, so this meant that you cannot do peer-to-peer transactions. This is what makes Unionbank different after it gained a license to operate as […]
One of the main selling points of GCash is that it has no fees for cash ins made via linked BPI or Unionbank accounts. As much as GCash wants to keep that feature, factors like inflation have forced it to end its zero transaction fee feature for linked BPI and Unionbank accounts. GCash made the […]
Need to do payments that involve QR codes from AUB, Metrobank, GCash, and Unionbank? Worry no more, as Maya now supports the QR codes from these banks and e-wallets, making it more convenient to pay via QR at your favorite store. The expanded support is made possible with QR Ph, which is launched by the […]
UnionBank of the Philippines will become the first bank in the country to offer cryptocurrency trading services. UnionBank customers can soon purchase and sell Bitcoin (BTC) directly through the mobile banking app, without the need for a third-party virtual asset wallet. The new exchange functionality will initially be offered to randomly pre-selected users of the […]
Right before the year 2021 ended, a viral piece of financial news broke the internet: Bando de Oro (BDO) had been hacked, leading to losses for users. To sum it all up, there was an advanced phishing scam in place which managed to bypass security measures such as 2FA. Those who fell victim lost in […]
It seems that scammers are still on a roll even during Valentine’s Day, as research firm Cyren reports that customers of UnionBank were the latest victims of an SMS Phishing attack, where they were offered Php 10,000 as a treat for being a “loyal customer” of the bank. Some UnionBank users received the suspicious SMS […]
The best digital bank in the Philippines is up to something new again. UnionBank might just offer trading and custodial services for cryptocurrency soon. Due to the fast-growing adaptation of digital tokens, UnionBank is considering the idea as a way to “future-proof its banking business,” according to Cathy Casas, head of the bank’s blockchain and […]
Unionbank made waves today with its purchase of Citi consumer banking operations in the Philippines. Formally announcing the acquisition over their social media, they claim that the goal for this move is to build on continuous successes for the benefit of customers and teams – given that Citi is the largest operating foreign bank in […]
Need to remit money? Well, we have good news: UnionBank has partnered with PeraHub and Western Union for a fully digital remittance experience. This is another first from UnionBank and it will benefit many Filipinos wherever they are around the globe. According to the World Bank, the Philippines is the third largest receiver of remittances, […]
Looking for a credit card that aims to give the most out of your online shopping spending? UnionBank and Lazada teamed up with Mastercard for the UnionBank Lazada Credit Card—the first-ever credit card geared towards eCommerce. With the new credit card, every Php 200 spend in Lazada will let users earn Php 6 in Lazada […]
https://www.facebook.com/unionbankph/photos/a.184212901403/10157514236831404/?type=3&theater Need to deposit cash to your UnionBank account but don’t have time (or the desire) to go to your nearest branch? Good news then – UnionBank has announced that you can now deposit cash to your account through 7-Eleven stores nationwide. Depositing money to your account is easy, as you’ll only have to go […]
Just like the trend that Visa’s Consumer Payment Attitudes Study revealed for 2022, the trend for Filipinos going cashless continues in 2023. READ MORE: More Filipinos Use Mobile Wallets, Contactless Payments in 2022 In its latest infographic, Visa notes that cash payments have went down to 87% in 2023 compared to 96% in 2022, and […]