Landbank EMV Card Will Replace The Magnetic Stripe Landbank Visa Debit and
Regular ATM Cards.
The Landbank of the Philippines, one of the biggest bank in the country, has announced the released of the landbank EMV Card.
The Landbank EMV Card will replace the magnetic stripe landbank visa debit cards and landbank regular ATM cards which will be deactivated on July 31,2018.
EMV cards are primarily designed to prevent fraudulent transactions that take place when someone physically swipes a counterfeit card at a payment terminal.
Here are the reason why the new landbank visa debit and landbank regular ATM cards are better than the magnetic stripe visa debit card and regular ATM cards.
1. EMV is designed to prevent fraud
2. Chip cards are really hard to clone
3. Chip and Pin credit cards have sophisticated encryption
Landbank of the Philippines said that to accommodate the extended release of the EMV enabled visa debit and ATM cards, landbank branches will be open from 8:30 AM to 3:30 PM.
You may also claim your Landbank EMV-enabled cards on weekdays during regular business hours, from 8:30 AM to 3:00 PM.
Bring one (1) valid ID to claim your EMV-enabled Landbank Visa Debit Cards and Landbank regular ATM cards from your branch of account.
You can also request from the landbank branch nearest to you but the release of the EMV-enabled card will take 10 days.
Landbank encourages you to claim your landbank EMV card before the deadline to avoid inconvenience.
To repeat, the deadline for the deactivation of your old or magnetic stripe visa debit and atm cards will be on July 31,2018. cards
Landbank EMV card replacement requirements
Kindly visit your depository branch to request card replacement.Please note of the following requirements:
- Notarized Affidavit of Lost
- Valid IDs