Wing Bank's 2-in-1 Mastercard Transforms Cambodia's Payment Sector with Innovation
Wing Bank, a leading player in Cambodia's digital transformation, has taken a significant step forward with the launch of the Wing Bank Mastercard One Card. This innovative product, a collaboration between Wing Bank, Mastercard, and Compass Plus Technologies, marks the country's first foray into two-in-one debit and credit cards.
The Wing Bank Mastercard One Card is available in two versions: Platinum and Gold. The Platinum card offers a credit limit of up to USD 50,000, along with benefits such as airport lounge access, comprehensive travel insurance, and an interest-free grace period of up to 55 days. The Gold version, on the other hand, provides up to USD 5,000 in credit and valuable lifestyle perks.
Dr. Dmytro Kolechko, CEO of Wing Bank, expressed his excitement about the One Card, stating, "The Wing Bank Mastercard One Card simplifies payments by integrating debit and credit in a single, secure card." He further reaffirmed Wing Bank's commitment to pushing the boundaries of digital payments and providing innovative, customer-centric financial solutions.
Compass Plus Technologies played a crucial role in the development of the Wing Bank Mastercard One Card. Igor Simonov, Associate VP, Account Director, and Regional Sales Director at Compass Plus Technologies, expressed pride in supporting Wing Bank's first-of-its-kind card in Cambodia. The company provided technical support, configured product features, and ensured seamless integration with Wing Bank's digital banking ecosystem.
The Wing Bank Mastercard One Card was developed in response to customer demand for a more convenient way to access both their own funds and credit in a single solution. Customers can access and control both debit and credit functionalities through the Wing Bank App. The card also features a sleek, numberless design for enhanced security.
Since the launch of the One Card, Wing Bank has seen a remarkable increase in card usage, reflecting strong consumer demand for flexible and secure payment solutions. This move by Wing Bank underscores its commitment to leading the digital transformation in Cambodia and providing innovative financial solutions to its customers.
[1] Wing Bank (Cambodia) Plc, (2021). Press Release: Wing Bank Mastercard One Card. [2] Compass Plus Technologies, (2021). News: Wing Bank Mastercard One Card Launch. [3] Mastercard News Centre, (2021). Mastercard and Wing Bank Launch Cambodia's First Two-in-One Debit and Credit Card. [4] The Phnom Penh Post, (2021). Wing Bank Launches Two-in-One Debit and Credit Card in Cambodia.
- The Wing Bank Mastercard One Card, available at ffnews.com, combines both debit and credit features, catering to customers' demand for a more convenient payment solution.
- As a partner in the development of the innovative Wing Bank Mastercard One Card, Compass Plus Technologies played an instrumental role in ensuring a seamless integration with the bank's digital banking ecosystem, demonstrating their expertise in technology and finance.
