GCash, the Philippines leading debitcard and online payment app, partners with ALIPAY HK, Hong Kong’s leading online payment and debit card payment. Globe Mynt GCash partners with Alipay to aide our Filipino relatives and friends for their monthly remittances from Hong Kong to the Philippines
Alipay and GCash will make life easier for our OFWs to send money to their loved ones with a click on your phone.
In a live telecast today, senior managers from Alipay, Don Jaime Zobel de Ayala, Globe President and CEO, Alibaba President and CEO Jack Ma, Standard Chartered Bank, Bangko Sentral ng Pilipinas, forge their signatures as they ink the partnership for both products and services of Hong Kong and the Philippines.
This allows Fintech to provide products and services after sandboxing and testing them when it began in 2015 when they started this.
Electronic payments allows strong and fast provision of services for electronic coupons, shopping, QR code payment and providing e-wallets.
This has increased Hong Kong to $38 billion and aims to provide connection with more banks and customers.
Globe President and CEO has disclosed that there are more than 8 million GCash users versus creditcard users of only 3 million in the Philippines today.
For the next 3 months, all transactions will be FREE for a maximum of $5,000HK per day per person. The transactions are safe and secured as they are powered by blockchain technology.
This is a first in the world innovation to create value for people and continue to drive cashless as it is useful and beneficial for the people. We hope a lot more people will adopt to ewallet using GCash to make our daily lives safer, better, faster and secured. This will make transferring money easy and convenient. Thanks to Ayala Mynt GCash, Standard Chartered Bank and Alipay.
Stay tuned for more news and product innovations from Globe and GCash.