Payments Virtual Banking

Mox Card Now Allows Users to Flip Between Debit and Credit Spending

Hong Kong virtual bank Mox and Mastercard announced a smart new feature called “Flip” on the all-in-one numberless Mox Card which enables customers to flip freely between spending on their debit and credit accounts.

The virtual bank had previously rolled out more payment innovations; its numberless bank card, Apple Pay and Google Pay payment options as well as the launch of Mox Credit on its all-in-one Mox Card.

Mox said that it now has more than 130,000 customers and its Mox Card has already been used close to 4 million times with more than 40% of its card spending being online.

Deniz Güven

Deniz Güven, CEO of Mox said,

“We listened to our customers. When we launched Mox Credit, some customers told us they hope to enjoy the flexibility and choice of flipping between debit and credit spending on the Mox Card.

Working closely with Mastercard, we now help our customers further unlock the potential of the Mox Card, enabling them to easily spend on debit or credit.”

Helena Chen

Helena Chen, Managing Director, Hong Kong and Macau, Mastercard said,

“As demand for digital experiences grows stronger, Mastercard is pleased to further its collaboration with Mox to bolster the Mox Card, which has both debit and credit features that give consumers greater control and more choices in their transactions.

Mastercard’s Digital First program across Asia Pacific opens up more opportunities for the Mox Card to deliver seamless, flexible and secure digital payment experiences.”