The LBP has entered into an agreement with Visa Worldwide Pte., Limited in January this year to develop the Land Bank Visa International Debit Card and to ensure that the bank is capable to offer the latest electronic card payment services and technology to its individuals and corporate customers.
LBP Branch Manager Lina K. Pacio, in an interview with PIA staff said the VDC is a new product or service designed to enhance the level of satisfaction of the customers. “In the VDC, all card holders can enjoy the advantage of convenient and cashless purchases not only locally but internationally,” she added.
The VDC, Pacio said, provides advantage over the regular ATM card because it allows card holders to shop on line, pay bills and purchase over the phone and via email,” she added.
Pacio said the card holders can use the VDC for their everyday purchases in department stores or in any establishments with Point of Sale (POS) terminals.
“You don’t have to line up or queue outside the ATM terminals. Just simply bring the card and you can perform electronic bank transactions with greater convenience,” Pacio assured the card holders.
“With the VDC, you can just swipe and sign for your in-store transactions local or international. It also allows bills payment using the card number and transfer funds via Land Bank ATMS,” Pacio announced.
The card can be used in millions of retail outlets and at more than 1.9 million ATMs worldwide.
“Can you imagine how wide the coverage of the VDC is? You can now transact electronic bank transactions at more than 1.9 million ATMs worldwide where the Visa Logo is displayed,” Pacio stressed.
To better serve its clients, LBP launched also its i-access program.
Pacio said the program offers the following features: 1) it can account a summary of the current and available balance as the date and time of inquiry, 2) transact details of account history for the past 60 days, 3) check status of checks issued, 4) allows to pay bills immediately, 5) allows to transfer funds to other account, 6) allows to request LBP branch for new check books, and 7) allows immediately tag lost/stolen ATM card as “hot card”, etc.
“The client need not go to the bank. He can check status of his saving within the confine of his home and office with the use of internet facility by visiting to our website: www.lb-iaccess@yahoo.com , register and log-on,” Pacio explained.
Pacio said the local government units (LGUs) in the province are now starting to avail of the programs where some of them have already signified their intention to support it.
Pacio invites Pagadianons to avail of the programs saying that it provides greater convenience and access to all their clients.