Many of us have been using Automated Teller Machine or ATM cards for decades now. In fact, a lot of these cards have been utilized to serve not only as our ticket to withdrawing cash but to pay for items such as gas or the like.
Yet for all their conveniences, the magnetic stripe payment cards have a downside—they are more prone to counterfeit or electronic fraud, skimming and other related forms of theft. Which is why there has been a regulatory requirement to encourage consumers to shift to the more secure EuroPay MasterCard Visa or EMV-chip system.
One of the banks who took up the challenge to implement the new EMV-chip system is BDO Unibank. Since the third quarter of 2016, BDO has offered the EMV-chip for its ATM cards. This gives account holders the peace of mind when making electronic transactions.
Thanks to the EMV-chip, one can withdraw cash or perform other transactions using the over 4,000 BDO ATMs across the country. Moreover, one can pay for goods and services using the card’s Electronic Payment Ssytem and still have the same peace of mind offered by the EMV chip.
Of course, the next step is to go to your branch of account to secure your EMV chip-equipped ATMS card. Contact your BDO branch of account to learn more.
