Credit Card

Credit card is a payment card given to the consumers/users that can be used as another form of payment. It grants the cardholder to pay for goods and services depending on the terms of credit between the bank (credit card issuer)  and the cardholder. A credit card has a credit limit, credit limit is the point where you are only allowed to consume in your credit card.

Modes of payment for a credit card may vary on the bank or the issuer of the cards, different banks also has different terms and conditions.

To avail a credit card, you may choose what bank offer will suit your needs.

BDO Merchant Acquiring

Banco de Oro is the only bank in the Philippines that accepts all major Card named MASTERCARD, AMERICAN EXPRESS, VISA, and JCB. 

It may be international or local. A card issued by BDO or any other banks that bears the four major credit card logos will be swipe in the POS (Point of Sale) Terminal provided by Banco de Oro. In different ways, the POS terminal is connected with BDO, it would be through dial up, or using the telephone line, through LAN, local area network for multiple terminals and it can be also used through GPRS technology. POS Terminal is a device provided by BDO in which the merchant obtain card authorization.