Taguig City, Metro Manila — Leading mobile money provider GCash teamed up with the number one online mall Lazada to provide a more convenient way of checking out your shopping cart.
GCash users can now pay directly using their GCash wallet upon checking out. An existing user will just need to select GCash as the payment method, link their GCash-registered mobile number, and tap a button to confirm payment. The enrolled GCash account would then be saved as the primary payment method on future purchases, saving log-in times.
To put money on GCash, a customer can go visit over 16,000 nearby GCash Partner Outlets nationwide, like 7-Eleven, SM Business Centers, Robinsons Business Centers, Puregold, and Villarica Pawnshop branches, and tell the cashier to cash-in to their GCash account. Cashing-in to a GCash account is free. Once funded, customers can now shop and checkout at Lazada.
“Being able to shop online using the GCash App solves two problems, mainly providing access and convenience to consumers to shop online without a credit card, and enabling merchants to expand their consumer base and minimize risk on COD transactions,” said Anthony Thomas, Mynt’s President and CEO. “This goes back to our journey for financial inclusion. Now, no matter how small or big a Filipino is, he or she can enjoy Lazada goods and services via GCash,” he added. Mynt is the operating company behind GCash.
Ray Alimurung, Lazada Philippines’ CEO, said: “With Lazada and GCash’s collaboration, customers will have more flexible payment options and enjoy exclusive and exciting promotions. Lazada is the biggest online shopping destination in the Philippines, offering 70 million products and 10,000 brands.”
GCash and Lazada are holding multiple promotions when you pay using GCash especially during the biggest online shopping days—11.11 and 12.12—where customers can get as much as 50% discount up to PHP 300. At the same time, customer can enjoy 20% discounts up to PHP200 on flash sales.
Filipinos using a Globe, Smart, Sun, TM, or Talk & Text SIM can register for a GCash account for free. Customers can download the GCash App—available for free on the App Store and on Google Play.
MANILA (August 30, 2018) – After the successful launch of direct receive service, MoneyGram (NASDAQ: MGI) and GCash announced today that customers worldwide can now also send money to over 10 million GCash mobile wallets in the Philippines, 24/7. This partnership supports further growth of MoneyGram’s digital channels in the world’s third largest remittances receive market.
“With the growing number of Overseas Filipino Workers (OFWs) looking for a reliable way to send money back home, the collaboration with GCash aligns with our strategy to provide user-friendly, rapid-response and low-cost channels to send money across borders,” said Alex Holmes, MoneyGram’s chairman and chief executive officer. “The expansion of digital channels combined with a strong network of agent locations, enables MoneyGram to offer a differentiated customer experience that allows consumers to transact with us their way,” added Holmes.
Funds can be sent via MoneyGram online or at any one of MoneyGram’s thousands of locations in 200 countries and territories around the world to reach a GCash mobile wallet in minutes. Money will be deposited into the mobile wallet in the Philippine Peso. The receiver will get an SMS notification of every incoming money transfer and will be able to use funds instantly for purchasing goods and services online or paying bills.
“We are delighted to partner with MoneyGram once more to improve the way remittances are processed in the Philippines. GCash is committed to make the experience of sending money more convenient for both the sender and receiver. The OFWs and their families are a big segment of the remittance business as well as a key contributor to the country’s economy. We need to do more for them and we think this partnership with MoneyGram leads us to that direction,” said Anthony Thomas, President and CEO of Mynt, the operator of GCash.
The launch of the new service was followed by a presentation of an OFW Family Card which allows customers to withdraw their money for free twice a month at any BancNet ATM in the Philippines. The OFW Family Card will be awarded to each registered and verified GCash user who receives a minimum of PHP 500 via MoneyGram between September 15 and December 30.
For more information about the service, please visit moneygram.ph.
GCash, together with the Quezon City Government, launched the first-ever GCash QR-powered barangay in the Philippines. Spearheaded by Mayor Herbert Bautista, this scheme will enable the whole of District 3 to accept mobile payments for barangay transactions.
Dubbed BizTech @ D3, the cashless payment scheme will be piloted at Barangays Ugong Norte and Claro, with 38 District 3 Barangays in Quezon City to follow suit soon after.
This project will enable residents to pay various barangay fees (barangay clearance, barangay ID, local certificates and permits) electronically when they scan to pay at QR codes using the GCash App. Business establishments within the barangay can later use the scheme to promote and establish the e-payment ecosystem in the barangay.
“We’re proud that Quezon City embraced cashless payments and understood what finance for all means for the 3 million residents in this city. Launching the GCash QR e-payment system to settle government fees is a statement and a precedent, in which hopefully the whole of the Philippines will model after and follow,” said Anthony Thomas, President and CEO of Mynt.
Using GCash QR is simple. A customer with an iPhone or Android smartphone needs to download or update to the latest version of the GCash App—available for free on the App Store and on Google Play, register an account, and fund their GCash wallet at any of over 15,000 GCash Partner Outlets nationwide. Once done, the customer just need to tap on Scan QR, point a phone’s camera at the partner’s QR code, enter the amount to pay, and confirm the payment.
BizTech @ D3 is part of Quezon City’s smart cities initiative and aligned with the city’s efforts on ease of doing business. The project is in partnership with Globe Fintech Innovations, Inc. (Mynt) and the barangays of District 3.
Quezon City pioneered the implementation of the mobile/electronic system in the payment of real property taxes, business taxes and the issuance of electronic receipts in 2015.
GCash President and CEO Albert Tinio (right), receives the Best Mobile Payment Service Award from Juvanus Tjandra, KPMG Partner Head of Telco Media & Technology Industry Sector (left)
The country’s leading mobile money provider, GCash, recently bagged the Best Mobile Payment Service Award in this year’s Telecom Asia Awards 2018. The ceremony was held in Suntec, Singapore.
GCash was the only Philippine-based mobile money provider that made the cut in the nominations. Other huge contenders for the award were Maldives’s m-Faisaa, India’s PayTM, Hong Kong’s PCCW Global’s Mobile Payment Solution, Singapore’s Singtel Dash, and China’s WeChat Pay. Winners were determined on the basis of innovation, financial performance, technology, market leadership and corporate governance.
“We’re very honored to be recognized by Telecom Asia. To me, this reaffirms that we’re on track of realizing our vision of a cashless nation leading to finance for all in the Philippines”, said Albert Tinio, President and CEO of GCash.
Tinio’s tenure have seen GCash in a year-on-year upward trend in just 36 months, with ever-expanding app features every month. The former Sales VP from Globe Telecom was also named “Fintech Influencer in the Philippines” by online financial technology digest fintechnews.sg, as he speaks with authority based on their expertise and passion in spreading the word about fintech adoption. On a bigger picture, GCash is the micropayment arm of Mynt (a joint venture among Globe Telecom, the Ayala Corporation, and Ant Financial). He is also the current president of Philippine eMoney Association.
GCash now has over 9 million subscribers and 15,000 partner outlets nationwide. A customer can simply download the GCash App for free from their respective app stores and register to be able to enjoy its features.
The Telecom Asia Awards is one of the most prestigious award-giving bodies in the whole Asian region. The body, now in its 21st year, rewards innovative and outstanding performance by Asian service providers and industry executives.
MAKATI, PHILIPPINES -The city government of Makati City, in collaboration with Globe Telecom, its subsidiary G-Xchange, Inc. (GXI), and iBayad Online Ventures Inc., today launched the Makatizen Card which will be made available to Makati’s residents and employees.
The Makatizen Card will allow the city’s 500,000 residents to access city government services and transact with the city government. They can receive cash allowances, stipends, and other cash benefits using their Makatizen Card. They can also use their cards to pay fees and taxes, as well as for personal remittances and other financial transactions. City government employees, on the other hand, can use their Makatizen Card to receive salaries and allowances. The Makatizen Card also functions as an Automated Teller Machine (ATM) Card and is a valid government ID card.
Some 1,000 functioning sample cards were launched and tested at Makati City Hall this morning and Makati Mayor Abigail Binay said the Makatizen Card collaboration with Globe, GCash, and iBayad “takes us a step nearer to achieving our goal of empowering everyone, including those in the marginalized sectors of society, to enjoy a better quality of life.”
Mayor Binay noted that the Makatizen Card goes beyond providing Makati citizens with instant access to essential services of the city government, which in itself is a major leap forward for the city. She adds that “the wide range of digital and mobile services offers the people of Makati more convenient and cost-effective ways of meeting their day-to-day needs and obligations,” she said.
The mayor said the city government will extend its full support for Globe Telecom’s initiatives “geared towards strengthening its telecommunications network to promote a digitally-connected Philippines.”
“With confidence and optimism, we view this unsolicited project proposal from Globe, GCash, and iBayad as the springboard for the rapid transformation of Makati into the country’s first digital city, where citizens and civil servants are able to experience the optimum benefits of the latest innovations in information technology,” she added.
“For the Philippines to truly become a digital nation, we need to fully take advantage of new digital opportunities and innovations to enable growth in every corner of our country. We laud the vision of the Makati City government whose support of this initiative is critical to build the city-wide digital ecosystem, a step towards the realization of our dream for the Philippines to become an admired nation,” said Ernest Cu, Globe President and CEO.
Globe has been ramping up network investments in a bid to amplify benefits of its new spectrum assets and enhance mobile services particularly for data. The company has announced a capital spend of $750 million for the year in an effort to continuously improve mobile and data services. Globe is also aggressively building on its fiber broadband services, aiming to create an internet super highway nationwide. The company aims to deploy fiber optics in 20,000 barangays by 2020 which will provide ultra-fast internet access to around 2 million homes nationwide.
Globe Business, the enterprise information and communications technology (ICT) arm of Globe, is leading the way in encouraging local government units like Makati City to adopt the integration of ICT and governance as a means of improving the delivery of government services and exchange of information. The said initiative supports Globe’s drive to transform the Philippines into a digital nation by instilling the importance of eGovernance to offices ranging from the local government units up to the national government.
One of the capabilities derived from an improved mobile and broadband infrastructure is the creation of a city-wide cashless ecosystem wherein e-payment methods such as e-money and debit/credit cards are utilized instead of physical cash. This will benefit not only the residents but also schools, hospitals, government offices, transportation facilities, and other micro, small, and medium-size enterprises.
GXI will serve as the financial service provider for the Makatizen Card while iBayad will deploy the mPOS terminals and build the merchant network where the cards will be accepted.
The Makatizen Card is a valid government-issued ID that comes with a Near-Field Communication (NFC) feature that allows city offices equipped with iBayad machine readers to verify the identity of residents and Makati City employees in a single tap. It stores the information which easily identifies the card holder availing of various city government services without the need to present additional documents.
“Each Makatizen Card carries the features of the GCash mobile wallet but is also customized to be used in the city-wide local merchant network. All services that they will get in Makati City, whether it is payment of taxes, cash allowances for health and other benefits, etc. will be directly credited to this GCash wallet that is linked to the card. They don’t have to carry anything except this ID and their mobile phone,” said Albert Tinio, President of GXI which operates GCash mobile money service.
On the other hand, iBayad Founder and CEO Paolo G. Saycon said: “For us, the Makatizen Card Project is as much a social endeavour, as it is a business venture. This undertaking is aligned with iBayad’s purpose of developing socially relevant and meaningful financial innovations that will transform the way people pay. Our objective is to accelerate the adoption and transformation of every consumer’s traditional spending behaviour from cash-centric to electronic payments.”
Makatizen Card holders can take advantage of the different financial services of GCash through the merchant network of iBayad to pay government institutions, hospitals, merchants and even transact with Jollijeeps, sari-sari stores, and ambulant vendors for easier and safer transactions.
As an additional benefit for Makati City residents and employees, iBayad will be implementing the “Makatizen Loyalty and Rewards Program” to promote continued use of the card and for them earn loyalty reward points that can used to purchase items. The card will also be used for direct and real-time crediting of salaries and benefits to the GCash wallets of employees, health beneficiaries, senior citizens, and students to improve operational efficiency and tracking of cash flow.