Following the announcement of the event, the much-anticipated Cashless Expo 2023, organized by Godigital Pilipinas in collaboration with the Department of Trade and Industry (DTI), the Bangko Sentral ng Pilipinas (BSP), and the Department of Agriculture (DA), successfully opened its doors to the public with the help of major industry leaders, Senator Mark Villar, other government officials, and over 200 local brands, merchants, and farmers. The event, held at the World Trade Center, marked a significant milestone in fostering a cashless economy and promoting digital innovation in the country.
In the presscon, the panel was attended by Asec Mary Jean T. Pacheco from the Department of Trade and Industry, Mishy Co GoDigital Pilipinas Executive Director, PLDT VP Head of Business Development Industry Consulting Ms Ding Villarino, Maya Bank Head of Acceptance and SME Mr Richard Labitag, GCash Head of Public Sector Ms Cathlyn Pavia, Bangko Sentral ng Pilipinas OIC for Payment Policy and Development Department Ms Maria Christina Masangkay, TikTok Philippines Head of Public Policy Mr Toff Rada, UnionBank of the Philippines VP for Merchant Acquiring and Payment Gateway Head Mr Gerry Austria and Thames International School Inc. Founder and President Mr Joel Santos.
Department of Trade and Industry discussed about DTI’s e-commerce roadmap for promotion of Digital Payments, by implementing the Digital Payments Transformation Roadmap, to help and support the Bangko ng Sentral ng Pilipinas. By digitizing merchants, DTI teaches small businesses using ewallets, and also promote financial inclusion.
In the presscon, the media asked about how the ewallets can help propagate financial inclusion, financial literacy, security against scammers and how Businesses can take advantage of the QR PH to facilitate person to merchant payments which are fully verified as legit establishments, to shy away from the person to person payments which is a high-risk and a cause for fictitious payments.
Maya‘s Richard Labitag was able to clearly answer the question the P 2 M, which has a mandate from the Bangko Sentral ng Pilipinas the use of QR PH and democratization of payments.
Bangko ng Sentral OIC discusses about how QR PH is agnostic to any payment methods, be it GCash, Maya or any other load wallet.
GCash supports the Bangko Sentral ng Pilipinas directives making sure the GCash app is secure and also discusses about Person to Merchant payments, and how verified accounts are very important as part of the enhancement in strengthening the security and keeping the accounts safer for the users.
Under the theme “Bagong Pilipinas Cashless Na! ”. The Cashless Expo 2023 was graced with the presence of several business leaders and influential people, such as Mariel Rodriguez, Padilla, and Ifern CEO – Tommy Tan and Kim Abelar.
The Cashless Expo 2023 was a successful event as thousands of visitors were able to enjoy and experience the best of Philippine regions, from unli-gulay to art crafts and local products from farmers and local merchants.
The Cashless Expo 2023 is a 3-day event aimed at showcasing the advantages of cashless transactions with the help of over 200 local brands, merchants, and farmers, all united to support the cashless movement. The event is set to encourage SMEs and consumers to switch to cashless by demonstrating the efficiency and security that digital payment transactions hold.
Godigital Pilipinas expressed gratitude for the collaborative efforts with DTI, BSP, and DA in organizing the Cashless Expo 2023. Together, these entities reaffirmed their commitment to building a resilient and inclusive digital economy that empowers businesses, consumers, and farmers across the Philippines.
Visitors experienced an array of panel discussions, workshops, and demonstrations from esteemed guests from both the private and public sectors supporting the event.
For more info visit https://www.cashlessexpo.ph/ or follow GoDigital Pilipinas on social media to get the latest digitalization updates. # # #