Visa and RCBC launch debit partnership to expand payment options for Filipinos
01/20/2026
● The collaboration enables RCBC to issue Visa debit cards, expanding secure and seamless card payment options for Filipinos
L-R: RCBC First Senior Vice President and Head of the Transaction Banking Group Martin Tirol, President and Chief Executive Officer Reggie Cariaso, Visa Philippines Country Manager Jeffrey Navarro and Head of Clients Rio Mayuga
Visa (NYSE: V), a global leader in digital payments, has signed a debit partnership with Rizal Commercial Banking Corporation (RCBC), one of the largest universal banks in the country, enabling RCBC customers to transact with Visa’s network across millions of merchant locations in-store and online through Visa debit cards.
With Visa debit credentials, RCBC customers now have more secure, seamless ways to pay while maintaining the familiar control of transacting directly from their bank accounts. Across Asia Pacific, 48% of all card transactions for both face-to-face and remote/online payment methods are made through debit cards1.
“By expanding the reach of debit payments, Visa helps accelerate the digitization of payments in the country. This collaboration aligns with the government’s vision of a cash-lite society, with Visa debit cards empowering RCBC consumers to make seamless everyday payments backed by Visa’ s technology and global acceptance” added Jeffrey Navarro, Country Manager for Visa Philippines.
“In an era where digital threats are evolving, security is not just a feature - it is the foundation. With Visa’s world-class security protocols and RCBC’s robust digital infrastructure, our customers can transact with absolute peace of mind,” highlighted Reggie Cariaso, RCBC President and CEO. “It also offers more choices and confidence in how our consumers pay wherever they are across the world.”
RCBC was one of the first issuers in the country to tokenize their card credentials when Visa launched Google Wallet and Google Pay in the Philippines last year in partnership with Google, the FinTech Alliance of the Philippines, the Banko Sentral ng Pilipinas, and the Department of Information and Communication Technology. RCBC has also previously launched Visa Direct for outbound cross-border payments, enabling Filipino consumers and business alike to make secure, real-time outbound transfers to billions of accounts across more than 190 countries and territories.
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1 Visa. (2025). Green Shoots Radar: Unlocking New Sources of Growth and Opportunities in Asia Pacific, Wave 18 – a quarterly survey of over 14,000 respondents across 14 AP markets on consumer payment trends and preferences.
About Visa
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.
About Rizal Commercial Banking Corporation
RCBC (Rizal Commercial Banking Corporation) is one of the top banks in the Philippines. Currently ranked as the fifth largest privately owned bank in the country, RCBC offers a full range of financial products and services to individuals and businesses nationwide for 65 years and counting.
Recognized as the Best Bank for Digital and Best Bank for Customer Experience, RCBC continues to drive innovation through customer-focused, technology-driven solutions. The bank is a proud member of the Yuchengco Group of Companies (YGC), one of Southeast Asia’s most established conglomerates. To learn more, visit www.rcbc.com