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A new and exciting RCBC MyWallet Card variant has just been added to RCBC's current lineup of this popular prepaid stored value card brand.

The newly-launched Mercury Drug MyWallet Card is co-branded with the country's leading drugstore chain Mercury Drug to give both Mercury Drug and RCBC customers a more convenient and safe way to shop, check their accounts, and perform many other transactions anywhere in the country and even around the world.

The Mercury Drug MyWallet Card, a variant of Suki Card and RCBC MyWallet, will offer cardholders never-before-seen benefits in a single ATM-sized card.

"This new project will provide RCBC a great opportunity to expand our relationships with new customers, chiefly the patrons of Mercury Drug. We are privileged to be able to offer another new product that will allow us to create greater value through strategies that combine technology with financial solutions," said RCBC President & CEO Lorenzo V. Tan.

Mercury Drug President Vivian Que-Azcona also expressed her satisfaction with the tie-up with RCBC. "This new product is a wonderful financial tool that brings the best of our corporate offerings to our respective clientele, allowing us to enhance our spirit of service and innovation. We are proud to be first in the industry to offer this kind of privilege to Filipinos."

Iain Jamieson, Country Manager, Philippines and Guam, Visa, said: "Mercury Drug MyWallet card is the first prepaid card in the Philippines that uses chip technology to allow cardholders to collect reward points with their purchases at Mercury Drug. Visa is proud to support RCBC in its commitment to introducing innovative prepaid payment cards to Filipinos. We also applaud Mercury Drug for taking this step to let its customers make quick, convenient, secure and rewarding payments for everyday products in their stores."

For starters, the new card will offer Mercury Drug and RCBC patrons the most convenient way to shop. Mercury Drug-MyWallet Card acts as a stored value card that can be reloaded with cash via ATM or over the counter. Payment will be debited automatically with every swipe in over 18,000 Bancnet POS merchants and over 70,000 Visa-accepting establishments in the Philippines. As such, the card can be swiped at existing Visa terminals in Mercury Drug branches.

The Mercury Drug-MyWallet Card will also be powered with a microchip that can store rewards points earned with every purchase of medicines, food or beverage in Mercury Drug stores. Once accumulated, these points can be used to purchase any item in all participating Mercury Drug stores nationwide.

Locally, cardholders can perform other transactions such as bills payment at any of over 600 RCBC and RCBC Savings Bank ATMs and more than 4,500 other BancNet-affiliated ATMs nationwide.

Being Visa-enabled, the new card can be taken and used abroad to enable cardholder to access their accounts, withdraw funds, and conveniently purchase goods via its debit card function from over 30 million Visa accredited merchants worldwide and more than 1.7 million VISA-bearing ATM locations worldwide.

What's even more amazingly convenient is that this new Mercury Drug MyWallet card can be used to pay for fares at select MRT stations. The card can just be tapped on a card-reader located directly at the station turnstiles to allow users to board in and out without having to line up at the payment booths.

The Mercury Drug MyWallet card in general is ideal for those who have no bank deposit accounts but want a safe and convenient storage facility that lets them access their cash anytime, anywhere they want. It has no finance or interest charges, and no required monthly maintaining balance, so cardholders can keep as little as P100 or any amount to get them through their day, up to a maximum of P100,000 per month. The loading fee is only P10 per transaction.

To know more about the upcoming Mercury Drug-MyWallet Card, call tel. no. 877-7222, email customercontact@rcbc.com or visit any RCBC branch.