Wallets

JazzyPay and GCash to Provide Cashless Payment Option for Essential Businesses

Philippine fintech startup JazzyPay has partnered with e-wallet GCash to provide cashless payment solutions to essential businesses. The GCash payment facility is now directly integrated into JazzyPay’s PCI DSS Level 1 compliant platform as a payment method for hospitals, clinics, schools,

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GCash Pushes Its Way to the Top of Local App Rankings

Philippine mobile money wallet GCash was among the top apps in terms of active users from January to September 2020 in both Android and iOS. This was revealed by the data rankings from App Annie, a reputable global app ranking

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MoneyGram and PayMaya Ties Up for Real-Time Payments Using Visa Direct

MoneyGram, a provider of cross-border P2P payments and money transfers, announced a partnership with PayMaya Philippines to enable real-time payments with Visa Direct. The new digital capability will allow customers to send money from the United States to the Philippines

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Philippines’ RCBC and DTI To Enable Digital Payments For Micro-Businesses

Rizal Commercial Banking Corporation (RCBC) and the Department of Trade and Industry (DTI) has partnered to create DiskarTech’s NegosyanTech programme to digitalise community-based microenterprises in every barangay nationwide through partnership and ecosystem building. More than 1.3 million sari-sari stores (a

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GrabPay Philippines Enables Instant Fund Transfers with InstaPay

GrabPay announced today the introduction of instant fund transfers in the Philippines within its e-wallet. This new feature is made possible thanks InstaPay, an initiative from Bangko Sentral ng Pilipinas (BSP) to enable payment interoperability. The introduction of this feature

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Philippines Social Security to Digitise Payments Using E-Wallets and Bank Transfers

The Philippines Social Security System (SSS) has started paying funeral benefit claims through the banks and other alternative payment channels as the pension fund shifts its transactions online. Effective 22nd June 2020, funeral benefits will no longer be released through

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Philippines’ Department of Agriculture Enlists PayMaya for Loan Disbursement

The Department of Agriculture’s has announced the use of PayMaya, a mobile wallet under the purview of PLDT, to disburse loans for their Kapital Access for Young Agripreneurs (KAYA) financing program through the “KAYA” cash card. The initiative was formally

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UnionBank Extends Its Free Instapay Transfers

Union Bank of the Philippines (UnionBank) announced that it has extended its free Instapay transfers or instant transfers between accounts of participating central bank-supervised banks and non-bank e-money issuers in the Philippines until the end of the year. The bank

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Grab Launches a Fully Digital GrabPay Card in Philippines

Grab announced today the launch of the GrabPay Card in the Philippines, a fully digital prepaid card powered by Mastercard that extends GrabPay’s reach globally with unparalleled card security, hassle-free online payments and expanded rewards ecosystem to bring the convenience

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PayMaya’s Parent Company Secures US$ 120 Million from Tencent, IFC, KKR and PLDT

PLDT, a major telco player from the Philippines, KKR, a Global investment firm, Tencent, the China-based internet giant, and IFC, a member of the World Bank Group announced the signing of agreements which will see the parties commit up to

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