TechInPacific – The Territorial Bank of American Samoa (TBAS) has launched the TBAS Debit Mastercard that is “taking American Samoa online”.
It’s the first EMV chip-enabled card in American Samoa that secures payment while enabling a fast and cashless transaction within the available payment terminals. It finds ideal use in physical stores, such as restaurants, retail, grocery stores, and more.
Cardholders can purchase with a single tap.
According to President and CEO of TBAS Dave Buehler, the launch of a new bank card is their first major deliverables to become the leading bank in American Samoa.
“TBAS is honored to deliver the Island’s first chip-enabled bank card, to not only provide more security to our customers, but to offer our customers new ways of purchasing items, making payments and providing the most convenient banking products for our People.”
The partnership with Mastercard ‘raises local banking and finance standards to international levels’. Cardholders can pay directly at 200 retail stores, as well as making online, international, and overseas payments as the cards own recognization at worldwide locations. The card can be swiped at any local Automatic Teller Machines (ATMs).
“Recent global events have demonstrated the power of the digital economy in sustaining and supporting communities during these challenging times,” said Ruth Riviere, Country Manager for New Zealand and the Pacific Islands at Mastercard.
Riviere lauded the partnership, saying, “We are incredibly excited to partner with TBAS to launch its new Debit Mastercard card, providing thousands of American Samoans access to the benefits of the digital economy and secure online payments alongside a new, simple, safe and more convenient way to pay for purchases in-store.”
The partnership also allows American Samoa users to engage in online payment from its downloadable mobile app, which is convenient for online purchasing that business applications have recently utilized.