Yuchengco-led Rizal Commercial Banking Corp. said strong consumer spending and the introduction of new features pushed up credit card billings by 42 percent in 2022.
“With the implementation of several initiatives, including our recent rebranding, RCBC Credit Cards has firmly established itself as a leading force in the Philippine credit card industry,” said RCBC Bankard Services Corp. president and CEO Arniel Vincent Ong said in a statement.
It added that volumes were bolstered by merchant partnerships and promotions and new “digital solutions”. It underscored the introduction of “UnliPay”, which allows credit card holders to transfer funds using their available credit limit to pay any bank or e-wallet via the native mobile app.
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