I got my e-on card yesterday yay!

I called the bank to inquire if my e-on card has already arrived and it is, and now I got it.

The first thing I did is, I add my debit/eon card info in my paypal but it is not yet done due to several process I still have to wait 3 working days for my expuse number to appear in my billing.

Then I changed all my publisher information on where they cay pay my revenues.

I hope I will received my online earnings easier and faster next month.

For those who does not know what advantage you can get with a e-on ATM/Debit cards than any other.


First What is an E-ON Visa Electron card?

• Backed by Visa International, the world's leading payment system and issued by UnionBank, the country's first bank on the web and on W.A.P., it's the country's first online cash payment card that's valid anywhere on the web and in the world.



• The E-ON Visa Electron works as a debit card, which automatically deducts purchases from one's UnionBank E-ON Cyber Account. Purchases are paid by one's own funds rather than by credit.



• Since it is also an E-ON Cyber Account, it has all the cutting edge features, such as:
• No maintaining balance required
• Issue CyberChecks to anyone, anywhere in the country
• Make electronic fund transfers to any bank account in the Philippines
• Enjoy account access 24 hours a day, 7 days a week at www.uniobankph.com

Where can it be used?

Consumers can use their Visa Electron cards at any physical or virtual merchant identified with the Visa Electron logo.

1. Twenty-seven million locations worldwide
2. Millions of shopping websites on the web
3. Over One Million ATMs worldwide
4. More than 35,000 establishments nationwide, including 6,000 BancNet and MegaLink ATMs locally.

How can consumers use their E-ON Visa Electron Cards?

• For physical transactions, the merchant swipes the Visa Electron through an on-line card reader. Once the transaction is approved, the customer signs the receipt to verify the transaction.



• For online transactions, the customer just needs to enter his E-ON Electron card number.

How does one apply for the E-ON Visa Electron Card?

• The customer can log on to www.unionbankph.com and click on E-ON Visa Electron. The customer then fills up the E-ON Visa Electron account opening form online. After 5 days, the customer picks up the E-ON Visa Electron Kit at a UnionBank branch (specified in the account opening form).



• For Existing E-ON account holders, the customer can go to their respective UnionBank branch and ask for a card replacement.



• Merchants that already accept Visa cards don't to do anything other than place a Visa Electron decal on their premises.

How does E-ON Visa Electron benefit consumers?

• Visa Electron offers the convenience and security of a payment card without the need to pay by credit and allows consumers to make purchases using their own funds without the need to use cash, cheques or money orders for international purchases.



• It is a payment card that can be used on any online shopping site on the web giving Filipinos the power to e-shop!



• It is also an international product, providing cardholders with direct access to their funds at any establishment and ATMs around the world.



• It is also a Cyber Account, allowing cardholders to do banking transactions online - anytime, anywhere around the world.

How does Visa Electron benefit merchants?

With over 131 million cards currently and the widespreading popularity of Visa deposit access products, merchants will have access to even greater revenue in the future.

In addition, Visa Electron utilizes existing infrastructure and procedures, minimizing any additional investment, and all transactions are 100% authorized on-line, guaranteeing merchant payment.

How does Visa Electron benefit Member banks?

Visa Electron provides Member banks with the chance to diversify and grow their payment card business and drive increased profitability.

It allows them to offer a widely accepted and highly functional payment product to customers who do not wish to pay by credit or who are not suited to a credit card. And because it uses existing infrastructure, a Visa Electron programme costs the same as a credit programme.

General Questions

Does this mean Visa is moving away from credit cards?

Not at all. Visa Classic and Gold cards have been extremely successful in Asia-Pacific and we will continue to consolidate and expand our existing product portfolio. Visa Electron is designed for consumers who desire the convenience, security and flexibility of paying by card but who do not wish to use credit. Therefore, the Visa and Visa Electron brands are complementary.

How is Visa Electron different from Maestro?

It is easier to use, more versatile and more widely accepted. Because Maestro is solely PIN-based, it has limited functionality and acceptance. By contrast, Visa Electron operates in the same manner as a Visa card and can be accepted at over 25 million merchants worldwide and millions of merchants on-line.

Is this a good time to be launching a new payment product, when there are predictions that the region will see both incomes and consumer spending falling?

Our goal is the displacement of cash at the point of sale, not the expansion of consumer debt. Therefore, the introduction of safer, more convenient and more versatile methods of payment is not dependent on broader economic factors. In fact, research shows that the use of payment cards is ultimately more cost-effective than the use of cash, so our products can actually be used to save money.