GCash provides Filipinos access to savings amid COVID-19

The coronavirus pandemic highlighted the importance of keeping an emergency fund, studies show. A recent consumer expectations survey by the Bangko Sentral ng Pilipinas (BSP) revealed that more Filipinos are now building their own savings accounts, with 73.9-percent of respondents setting aside money in their banks for unforeseen situations. Aside from its impact on public…

PayMaya launches ‘Negosyo’ app for MSMEs and entrepreneurs to easily accept QR, online payments

With many businesses turning to online as a response to the current public health situation, digital financial services PayMaya unveiled its latest mobile payment innovation – the all-new PayMaya Negosyo app, which allows merchants to easily and quickly accept QR and online payments in just one to 2 days. Through the new PayMaya Negosyo app available for Android devices,…

GCash-Makati partnership inspires Makatizen to pursue microbusiness

As local governments implement initiatives to alleviate the financial situation of their constituents, GCash willingly lent a helping hand to serve as a distribution platform for cash assistance. Makati is the first city in Metro Manila to implement contactless financial assistance through GCash and the Makatizen Card. Under the Makatizen Economic Relief Program, now called…

GCash adopts Alipay’s risk technology to bolster security

In keeping with the crisis-induced increase of activity in digital finance, GCash, the leading mobile wallet in the Philippines, adopted new and enhanced security and risk technologies by Alipay, the world’s leading open digital lifestyle platform. Alipay recently upgraded its AI-powered risk engine, AlphaRisk to enhance its world-leading real-time risk detection and management capabilities. “Security…

GCash Send Money safer vs traditional remittance

Facing a pandemic forced the whole world to reconsider the ways of human interaction to avoid the risk of virus transmission. Social distancing protocols should strictly be followed for those who need to go outside for essential tasks. Face masks are now indispensable when going outdoors. While most of these are common knowledge and are…

TrueMoney | Keep Calm, Help is Within Reach

Leading payments and remittance network TrueMoney has joined the FinTech Alliance.ph and the Philippine Disaster Resiliency Foundation (PDRF) in a digital donation drive to raise funds for complete Personal Protective Equipment (PPE) sets for healthcare workers and frontliners. The campaign aims to encourage the utilization of any digital financial and payment technologies for hassle-free bayanihan.