E-wallets
GCash Took Down Over 4 Million Accounts Linked to Fraudulent Activities
Philippines e-wallet GCash has removed more than 4 million accounts linked to fraudulent activities in 18 months, according to a report by Philstar.com. The company said it is taking steps to protect its users from fraud, including blocking malicious sites
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Four E-Wallets Now Accepted in the Philippines Through Alipay+
Ant Group, the operator of Alipay+, has announced that four mobile wallets are now accepted in the Philippine; AlipayHK (Hong Kong SAR), Kakao Pay (South Korea), Touch ‘n Go eWallet (Malaysia), and Alipay (Chinese mainland). This means that tourists from
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GCash to Waive QRPh Transaction Fees for Micro-Merchants Until End of 2023
Philippines’ mobile wallet GCash will be waiving the QRPh transaction fees or merchant discount rates (MDRs) for micro-merchants using the scan-to-pay service until the end of 2023 according to a report by the Manila Bulletin. GCash’s scan-to-pay service enables merchants
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Medalla Says GCash Hit by Phishing Scam, 80% Of Lost Funds Already Recovered
The Bangko Sentral ng Pilipinas’ (BSP) Governor Felipe Medalla said that the recent unauthorised deductions from mobile wallet GCash amounting to PHP 37 million (approximately US$660,000) was the result of a phishing incident and not hacking, according to a report
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Grab Philippines Slapped With Additional PHP 9 Million Fine for Delayed Refunds
The Philippine Competition Commission (PCC) has imposed another PHP 9 million (approximately US$160,000) fine on Grab Philippines for its failure to fully refund its customers more than three years after it was first ordered to do so. The latest fine
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GCash Denies Hacking Claims, Adjusts Users’ Balance After Unauthorised Deductions
Philippines’ mobile wallet GCash set out to reassure its 81 million users that no funds have been lost from their app following multiple reports of unauthorised deductions from their personal accounts. Earlier reports said that close to PHP 37 million
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MPT Mobility Taps Brankas to Enable Instant Toll Reloads via Bank Accounts
Open banking solution provider Brankas has announced a new integration that will allow MPT DriveHub app users in the Philippines to reload using their local bank accounts. MPT Mobility is a subsidiary and the innovations arm of Metro Pacific Tollways
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GCash’s Loan Disbursements Reached PHP 50 Billion in 2022
Philippines’ mobile wallet GCash reports that its loan disbursements had reached PHP 50 billion in 2022 though its GCredit offering. GCash credited the growth of its loan book to its credit affiliate Fuse Lending, a consumer and business lending marketplace.
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GCash Users Can Now Open UNO Digital Bank Account Directly From App
Philippines’ mobile wallet GCash‘s customers can now open an UNO Digital Bank account directly from the app and access its digital banking products through #UNOready@GCash. Filipino citizens who are at least 18 years old, and who are fully verified GCash
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Filipinos Overseas Can Now Use GCash Without a Local SIM Card
Philippines’ mobile wallet GCash can now be used abroad in Japan, Australia, and Italy with international SIM cards through the beta launch of GCash Overseas. GCash claims to be the e-wallet the first and only in the country to do
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