
Tag "Gcash"
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
Read MoreFuse Lending and GCash Partner to Offer Nano Loans to Filipinos
Philippines e-wallet GCash its credit affiliate Fuse Lending, a consumer and business lending marketplace, have rolled out ‘GCash Sakto Loans’. This new nano loan offering is designed to help Filipinos borrow small amounts of money conveniently without any paperwork. GCash
Read MoreGCash Will Soon Charge PHP 5 Fee for BPI, UnionBank Cash-Ins
Philippines e-wallet GCash will start charging a PHP5 convenience fee for every cash-in transaction from Bank of the Philippine Islands (BPI) and UnionBank starting in the fourth quarter of 2023, according to a report by Philstar Global. GCash’s President and
Read MoreGCash 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
Read MoreGlobe Group Showcases GCash’s Robustness at the Asia New Vision Forum
The Globe Group was represented by its Group President and CEO Ernest Cu at the Caixin Global Asia New Vision Forum (ANVF) held last June 12 to 13 in Singapore. Gathering over 300 business and thought leaders, policymakers, and industry
Read MoreNPC Says Unauthorised GCash Transactions Were Result of Phishing Attacks
The Philippines’ National Privacy Commission (NPC) concluded that the recent unauthorised deductions from multiple accounts from mobile wallet GCash amounting to PHP 37 million (approximately US$660,000) was the result of a phishing incident. This echoes what the Bangko Sentral ng
Read MoreMedalla 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
Read MoreGCash 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
Read MoreGCash and Maya Among Best Workplaces for Filipinos to Grow a Career, Says LinkedIn
Fintech unicorn Mynt (GCash) and digital bank Maya has carved out a place in the top 3 of LinkedIn’s ranking for the best workplaces to grow a career in the Philippines this year. The 3rd annual LinkedIn Top Companies had
Read MoreGCash’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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