Sunday, September 20, 2020

Mastercard Spotlights Peace-Of-Mind Protection

Mastercard Spotlights Peace-Of-Mind Protection

Spotlight

Alibaba Cloud Launches New Digital Ecosystem Strategy In The Philippines

This will help local businesses adapt further to the new normal!

EDC Donates PCR Machines To Enhance Negros Oriental’s COVID-19 Resiliency

Energy Development Corporation donates equipment worth P8.5-million to Negros Oriental.

CeMAP, PISI Express Full Support For Bayanihan To Recover As One Act

The Cement Manufacturers Association of the Philippines and Philippine Iron and Steel Institute announce full support to the recently signed Bayanihan to Recover as One Act.

Globe Gives Back To Loyal Customers With 0917 National G Day Festivities

With lots of games and surprises for loyal Globe users, catch the National G Day starting September 17!

Together with anthropologist Dr Indira Arumugam, Assistant Professor of Anthropology, Department of Sociology, National University of Singapore, Mastercard® set out to understand the motivations behind peoples’ search for peace-of-mind protection and how that manifest into actions and behaviors.

The need for humans to seek peace-of-mind protection is an ideal analogy to describe Mastercard’s commitment to continuously deliver greater protection for Mastercard cardholders in the digital world. This study helps Mastercard better understand deep-seated fears and concerns pertaining to peace-of-mind protection – ultimately helping Mastercard develop safety & security practices that feel innately familiar.

The study shows four key motivations behind almost every form of peace-of-mind protection. They are:

1. The need for increased or better sense of control

2. To reduce uncertainty in tasks ahead

3. To be able to locate the source of a threat if it arises

4. To limit or manage risk

According to Dr Indira Arumugam, “Ultimately all forms of protection were done or used to reassure and motivate humans to carry out tasks and most were to protect either life or financial investments like livestock, businesses, savings and property giving the user a sense of peace of mind”.

Protecting what matters with Mastercard Safety and Security Solutions

Mastercard cardholders can pay online with full peace of mind with Mastercard® SecureCode™, an additional layer of online protection. Mastercard SecureCode helps verify that the cardholder is making the purchase when cardholders transact online at a participating merchant. It is usually offered as a one-time-password (OTP) generated by the issuing bank. Transaction Alerts reduces the chances of fraudulent purchases being made without your knowledge – with messages that notify you whenever your card is used. E-commerce protection helps limit risk by providing worldwide coverage when purchased items don’t come the way they are supposed to, if at all. Liability protection further instills confidence in Mastercard users when they shop online knowing they only need to pay for purchases they’ve made.

The report has shown that Mastercard® is on the right track when it comes to providing solutions for consumers to feel more secure and protected in the world of online payments. Mastercard has solutions that feel innately familiar and therefore easily adopted by cardholders. The need for peace-of-mind protection is only going to grow stronger in this digital age. Mastercard is committed to helping cardholders stay safe online.

To understand how Filipinos have been satisfying their need for peace-of-mind protection over time, a showcase of rituals and amulets can be found in the infographic and the table below.

For more information on the various forms of protection throughout time in Philippines, or to find out more about Mastercard’s safety and security features please visit mastercard.com.ph/onlineprotection.

Latest News

Epson Launches New High-Speed Inkjet Copiers For Busy Work Environments

Check out the newest sustainable devices of Epson!

Sec. Tugade Suspends 0.75-Meter Physical Distancing

Tugade suspends the implementation of the reduced 0.75-meter physical distancing among passengers while waiting for the decision of PRRD on the matter.

TransUnion Tackles Online Credit Application Dropouts And Rising Fraud

The new Seamless Onboarding service will help financial services industry offer digital access to products for consumers during pandemic and beyond.

33K Eastern Samar Families Left Out Of SAP To Get Cash Aid

Around 33,000 families in Eastern Samar excluded from the national government's Social Amelioration Program will receive PHP2,000 cash assistance from the provincial government.

Palace On PH Internet Connectivity: ‘We Will Do Better’

Do you think that the internet connection in the Philippines will ever improve?

San Juan Puts Up Bike, Motorcycle Dedicated Lanes

San Juan City dedicates motorcycle and bicycle lanes along Ortigas Avenue. Have you seen it yet?

XTREME Appliances Reveals Exciting Plans For Filipino Consumers

XTREME Appliances announces its upcoming plans and efforts dedicated to the Filipino customers.

Manila Hospitals Get High-Flow Oxygen Devices

The high-flow oxygen therapy will benefit the Ospital ng Sampaloc patients with severe COVID-19 infection and who may have acute respiratory failure.

PH COVID-19 Cases Rise By 3,375; Recoveries Now 208K

DOH reports 3,375 new infections of COVID-19, raising the country’s overall tally to 276,289 with only 63,408 active cases on Thursday.