PSBank sets Sept. 1 dead­line for card change

Sun.Star Cebu - - BUSINESS -

The Philip­pine Sav­ings Bank (PSBank), the thrift bank arm of the Metrobank Group, has de­clared a dead­line for de­ac­ti­vat­ing all its non-EMV cards in line with its thrust to pro­vide clients with more se­cured prod­ucts and ser­vices.

In a state­ment, PSBank said, “All non-EMV PSBank cards can no longer be used be­gin­ning Septem­ber 1, 2017.” It is en­cour­ag­ing all its clients to re­place their nonEMV cards now at any PSBank branch. If it is the first time to re­place a card, it is free of charge.

The bank started to is­sue EMV chip-en­abled cards as early as Jan. 3. All its more than 600 ATMs are al­ready EMV-ready.

PSBank debit and pre­paid card ac­coun­thold­ers can visit any branch to get their card. They need to bring their old card and one gov­ern­ment-is­sued valid ID. On the other hand, PSBank Flexi ac­coun­thold­ers will get their cards de­liv­ered via courier to their of­fice ad­dress while their PIN will be de­liv­ered separately via an­other courier to their home ad­dress. Flexi card hold­ers can ac­ti­vate their card by call­ing PSBank’s 24/7 Cus­tomer Ex­pe­ri­ence Hot­line at (02)845-8888 or by vis­it­ing the near­est PSBank branch.

PSBank’s move to shift to EMV chip-en­abled cards is in line with the is­suance of Bangko Sen­tral ng Pilip­inas Cir­cu­lar No. 859 or the Euro­pay, Mastercard and Visa Im­ple­men­ta­tion Guide­lines. /

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