Starting October 2, mobile e-wallet GCash will be charging a “convenience fee” for withdrawals done via Bank of the Philippine Islands (BPI) and UnionBank. In the meantime, cashing out using GCash will still be free of charge according to the app’s help center. There are approximately 77 million GCash users as of March 2023 (CREDIT: […]
by Jan Michael Carpo, Reporter According to a survey entitled “The Next-Generation Cloud Strategy in Asia,” a large majority (85%) of Philippine businesses plan a full-scale cloud migration in two years. More than nine in ten (91%) of them, meanwhile, will increase their investment in the cloud in 2023. The survey, which was commissioned by […]
BMI Industry Research, a division of Fitch Group, is optimistic about the Philippines’ fintech industry, particularly its potential for reaping profits. Nevertheless, it also cautioned investors to be wary of the hazards. Based on the firm’s analysis, the risks are much higher in Indonesia and the Philippines, but these countries offer far more opportunities for […]
Even though Pride Month has already been concluded last June, mobile e-wallet GCash has announced that it is extending the celebration by enhancing its benefits package to now also cover an employee’s domestic partner and LGBTQIA+ individuals. An executive from GCash presents the e-wallet company’s latest life program on gender equality In a recent media […]
Macau Pass payments (MPay) has just been officially approved to provide acquiring services to Alipay+ from its market-leading e-wallet partners based in the Philippines, Malaysia, and Thailand. This means that in addition to Alipay, AlipayHK, WeChat Pay, Simple Pay, and other e-wallets launched by other banks in Macau, Macau Pass payment devices can now also […]
GCash is set to launch a new insurance package that is meant to empower businesses in the Philippines, particularly the micro-, small, and medium-sized enterprises (MSMEs). Expected to be launched by the third quarter of this year, the new insurance package forms part of the in-app feature of GInsure, a digital, one-stop shop for all […]
Here’s good news for those who have grown accustomed to topping up their e-wallets using their BPI accounts. Just recently, the Bank of the Philippine Islands (BPI) announced that cash-in transactions using GCash will still remain free of charge. This is definitely a welcome development for Filipinos who have since started to adapt to digital […]
