Cash card

MANILA, Philippines - Rizal Commercial Banking Corp. (RCBC), in partnership with Metro Pacific Tollways Corp. (MPTC), Cavitex Infrastructure Corp. and RTS Technology Philippines Inc. signed an agreement recently for the Cavitex eTap-MyWallet Visa Cash Card. The new card payment system to be launched soon gives motorists traveling along the Manila-Cavite Expressway (Cavitex) a safer and more convenient way of paying for their tolls. The first cash card in the Philippines to function as an e-toll payment also doubles as an internationally-accepted ATM card. The eTap card is powered by RCBC’s MyWallet Card platform, a re-loadable prepaid stored value card which allows users to spend within the amount loaded in the card. Cardholders can also withdraw, pay bills, shop & dine, send remittances, transact online and do a lot more using this Cavitex eTap-MyWallet Visa Cash Card. In photo are: (from left) RCBC executive vice president Michelangelo Aguilar, Cavitex Infrastructure president and chief executive officer J. Luigi Bautista, RCBC president and chief executive officer Lorenzo V. Tan, MPTC president and chief executive officer Ramoncito Fernandez,  RCBC executive vice president Edgar Anthony Villanueva, MPTC chief finance office Christopher Lizo, and RTS managing director Lee Tiam.