What is the difference between the virtual and the physical debit card?

The virtual debit card is used for online purchases. 

The physical debit card can be used to pay at the point of sale (POS) or in stores. You can also use it at Mastercard ATMs but please note that the banks which own the ATMs may charge you an Access Fee of up to PHP 250 for each transaction.

We will also be launching a Bancnet-enabled ATM card later this year.