GCash, the Philippines’ number one finance super app, encourages more users to convert their coins to e-wallet credits through the Bangko Sentral ng Pilipinas’ (BSP) Cash Deposit Machines (CoDM) and take part in the country’s coin recirculation program.
.avif)
The Void is not synonymous with stagnation; rather, it's a fertile ground for exploration and discovery. By understanding and embracing the Void, creatives can liberate themselves from the constraints of expectation and perfectionism. This liberation becomes a catalyst for fresh ideas, enabling a departure from the ordinary and a journey into uncharted territories of innovation.
Navigating the Void requires a willingness to confront uncertainty and silence the noise of external influences. It's a practice in mindfulness and self-discovery—a journey into the depths of one's own thoughts and emotions. In this solitude, creatives often find the raw materials for groundbreaking concepts, discovering connections and patterns that were previously obscured.
The process of engaging with the Void is not about avoiding challenges but transforming them into opportunities. It encourages a shift in perspective, viewing obstacles not as roadblocks but as stepping stones to innovation. By understanding 'the Void' as a realm of potential, creatives unlock the door to their most authentic and impactful work, revealing the beauty that emerges when the creative spirit is allowed to roam freely. In essence, the Void becomes not an abyss to be feared, but a sanctuary where creativity thrives, and our most brilliant ideas come to life.
The leading e-wallet calls on more customers to convert their coins to GCash credits
GCash, the Philippines’ number one finance super app, encourages more users to convert their coins to e-wallet credits through the Bangko Sentral ng Pilipinas’ (BSP) Cash Deposit Machines (CoDM) and take part in the country’s coin recirculation program.
The machines have already accepted nearly P19 million coins just close to two months since the launch of the CoDM project in June. According to the BSP’s latest report, most of these coins were converted into GCash credits while the remaining were exchanged for shopping vouchers.
“Beyond digitalization and financial inclusion, GCash is also a staunch supporter of the BSP’s coin recirculation program. We believe this initiative can help the central bank save on the cost of minting new coins and use these funds for other important projects,” said Martha Sazon, president and CEO of Mynt, the holding company of GCash.
To show support for the project, Ren-Ren Reyes, president & CEO of G-Xchange, Inc., the mobile wallet operator of GCash, also earlier lined up with the public and converted his coins at one of the BSP’s machines – experiencing its ease of use first hand.
“With 10 CoDMs now operational in the Greater Manila Area, more Filipinos can now bring the coins they saved up and convert these into GCash credits which they can use to buy essentials, pay bills, or even kickstart their savings or investment journeys,” noted Reyes.
In June, the BSP initially deployed two machines at the SM Mall of Asia in Pasay City; one machine at Festival Mall in Alabang, Muntinlupa City; and one machine at Robinsons Place Ermita in Manila.
More recently, it has launched more machines in six more malls:
In a statement, the central bank said, “In using the machines, the BSP reminds customers that coins to be deposited must not be taped or bundled; must not come with other objects like buttons, magnets, nails, tokens, screws, or washers; and are gently placed in the coin slot in handfuls.”
As of 31 July 2023, the BSP’s CoDMs have already accepted P18.8 million worth of coins with over 10,900 transactions.
For more information about the Coin Deposit Machine project visit the BSP’s official website https://www.bsp.gov.ph/Pages/CoinsAndNotes/CDM and official social media pages on Facebook, Instagram, X, and LinkedIn.
