Innovative digital-only bank CIMB Bank Philippines and Visa, a global leader in payments technology, have signed a strategic partnership to work together towards their common goal of making financial solutions easier to access and more innovative for all Filipinos.
This collaboration is a powerful convergence of CIMB Bank PH’s groundbreaking digital-first offerings and Visa’s global network of merchants and world-class technology. The mutually beneficial alliance reinforces CIMB Bank Philippines’ debit products growth through its virtual and physical cards while giving Visa exposure to a new set of customers via CIMB’s following, as well as those of its other partners. Visa will also be providing CIMB customers with exclusive discounts and other privileges when the Bank’s customers use their Virtual Debit Card with select Visa merchants.
CIMB Bank PH brings its extensive customer base of over 7 million users and its leadership in embedded banking to the partnership. Its commitment to empowering partner products on its platform also aligns perfectly with Visa’s vision of uplifting everyone, everywhere, by being the best way to pay and be paid.
CIMB Bank PH and Visa are poised to boost the payment landscape in the Philippines and contribute to the financial inclusion goals of the country. Customers can expect an even more seamless and secure payment experience with their CIMB Visa Debit Card while also leveraging on the many other features of the CIMB Bank PH app.
