Month: September 2025

Any information that can identify you is considered personal information. Collecting, using, or sharing such information without your consent is prohibited by law. This may include:

1. Identity information: Name, national ID and ID registration number;
2. Contact information: Phone number, email, residential address;
3. Financial information: Bank accounts, card numbers, transaction history;
4. Health information: Diagnosis, treatment details, social welfare;
5. Digital footprint: Location data, social media posts, photos.

Some service providers may request your personal information under applicable law. Always ensure you understand why it is required and how it will be protected before sharing.

HOW TO PROTECT YOUR PERSONAL DATA?

1. Use strong, unique passwords;
2. Do not share sensitive details over phone, text, or social media;
3. Only download banking or government apps from official sources;
4. Avoid clicking on suspicious links, emails, or messages;
5. Monitor your account activity frequently and report any unusual transactions immediately.

Mismanaging personal information online can expose your finances, reputation, and securityto serious risks. By protecting your data, you safeguard your life.

YOUR PERSONAL DATA = YOUR LIFE’S SECRETS

To ensure the safe use of your payment card, please protect your card’s sensitive information.

1. Regularly monitor your daily card transactions via your internet banking account, email notifications, or by subscribing to SMS alerts for real-time updates;
2. Keep your card’s sensitive data (such as card number, CVV code, and PIN) confidential and never share it with others;
3. Avoid making transactions using magnetic stripe cards when possible, opt for chip-enabled or contactless options instead;
4. Always enter your PIN by yourself at ATMs or POS terminals and never disclose it to others;
5. When using an ATM, carefully inspect the card reader area for hidden cameras or any suspicious devices that may be used to steal your card information;
6. When shopping online, ensure the website is secured with SSL (look for “https://” in the URL) before entering your card details;
7. Do not open suspicious links or attachments from unknown sources, and never enter your card information on unverified sites;
8. If you change your registered phone number or email address, update your contact details via your nearest branch or through internet banking;

9. If your card is lost or stolen, immediately block it using the following channels:

10.       Call the customer service hotline at 1800-1999 to block your card;
11.       Deactivate your card through Internet Banking;
12.       Visit the nearest branch to you.

Instructions to deactivate your card via Internet banking:

If any unauthorized, suspicious, or doubtful transactions are made with your card, you must immediately contact the bank and request an investigation.

As part of its commitment to advancing technological innovation and expanding international connectivity in Mongolia’s financial sector, TransBank has successfully established a partnership with China’s leading technology company, Pax Computer Technology (Shenzhen) Co., Ltd.

Through this collaboration, TransBank is fully equipped with the necessary hardware, software solutions, and professional consulting and support services provided by PAX Technology, enabling seamless integration into the global digital financial network.

──────────────────

PAX Technology – A Trusted Partner in Global Payment Infrastructure

Pax Computer Technology (Shenzhen) Co., Ltd is a globally recognized provider of advanced payment technologies, offering payment devices, smart POS terminals, and fintech solutions across more than 120 countries. The company delivers cutting-edge, internationally compliant solutions that power the global payments ecosystem.

In addition to hardware supply, PAX Technology also offers a comprehensive suite of services, including:

1. System architecture planning;
2. Integration and data protection solutions;
3. Specialized software and device management tailored for banks and financial institutions.

──────────────────

Technological Foundation for CIPS Integration

TransBank has successfully ensured the reliable operation of its connection to the international CIPS (Cross-Border Interbank Payment System) for RMB settlements by fully implementing the required technical infrastructure and software solutions through PAX Technology.

This has enabled TransBank to:

1. Unlock new opportunities for conducting RMB transactions with China and other international partners;
2. Leverage the latest, secure, and high-speed transaction technologies for cross-border payments.

TransBank offers you the convenience and security to link your UnionPay card to the UnionPay app, which is accepted in over 100 countries worldwide, making your international payments easier and safer.

The UnionPay app is a digital platform that not only allows you to make international payments but also offers a variety of financial services in one place, including online shopping, sending international remittances, and accessing country-specific discounts and promotions.

Advantages of Making Payments with the UnionPay App:

1. Since most payments in China are accepted via WeChat and Alipay, linking your card to the UnionPay app allows you to make payments directly anywhere – whether in taxis, metro stations, or stores – without any additional fees.
2. By linking your card to the UnionPay app, there’s no need to carry cash; you can pay instantly using just your mobile phone.
3. UnionPay is certified with high information security standards, ensuring your card details are fully protected from leakage.
4. Additionally, you can enjoy special discounts and promotions every time you shop at over 60 million merchants registered in the UnionPay International network.

To use the UnionPay app, you need to link only a UnionPay-branded card. If you are not yet a customer, click HERE to learn more about TransBank’s UnionPay card.