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Tuesday, July 2, 2024

BDO Unibank offers cardless withdrawals

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BDO Unibank Inc., the largest lender controlled by the Sy family, said Monday it started offering cardless QR (quick response) code-based withdrawals from select automated teller machines mostly in Makati City.

“Withdrawing using QR codes is now available in the Philippines,” BDO senior vice president and head of ATM network and applied payment solutions Tovi Mendoza said in a statement.

“Now, our clients will enjoy faster and more convenient transactions, and most importantly, limit the risk of catching COVID-19 since they will touch the ATM surface a lot less,” Mendoza said.

He said the new service would benefit those who are encouraged to stay home for their health and safety. “Despite our security controls however, we remind our clients to entrust their withdrawal QR codes with others prudently,” Mendoza said.

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