Sterling Bank introduces reloadable pre-paid card

MANILA, Philippines - After successfully launching its ShopNPay Visa Debit Card last year and the first Visa EMV Debit card issuer locally, Sterling Bank of Asia launches ShopNPay Visa Prepaid Card.

Unlike the debit card, the ShopNPay Visa Prepaid Card is a re-loadable multi-purpose, non-deposit card that can easily be acquired without opening an account with the bank. This card can best be used as travel money when going abroad or used by parents as a tool in giving allowance for their children. It can also be ideal for companies’ disbursement such as payroll, commissions and even loan proceeds.

For the cardholder, the ShopNPay Visa Prepaid Card provides an alternative payment method to cash. It is the ultimate medium for cashless convenience because the cardholders can purchase goods and services across all merchant environments without the need to wait in long lines in the ATM and lessens the risk of carrying huge amount of cash upon withdrawing.

It also provides access in over 70,000 Visa accepting merchants in the Philippines, at over 29 million Visa-accepting merchants throughout the world and over 1,700 BancNet POS merchants locally.

This also translates to greater control of funds, as the cardholders can only spend what is available in their account, where more and more are falling in the traps of big debts due to credit card bills.

The ShopNPay Visa Prepaid Card offers consumers a wider range of purchase transactions from typical retail transactions to Internet transactions where cardholders can enjoy the privileges and convenience of shopping and dining without having to worry about monthly bills.

There is no difference between the ShopNPay Visa Prepaid Card and a credit card in terms of payment acceptance; only that the ShopNPay Visa Prepaid Card offers a simpler method of financial management. It’s good as cash only better!

The Sterling Bank ShopNPay Visa Prepaid Card is seen to be the preferred financial card for cashless payment transactions; a great financial tool in giving customers flexibility and the convenience of cash-free transactions. To know more about the ShopNPay Visa Prepaid Card, contact 721-6000 or log on to www.sterlingbankasia.com.