In a virtual town hall, representatives from tech giants Netflix, Amazon, Google, Grab, and Mynt discussed the technologies and steps they adopted to cope during the Covid-19 digital shift.
E-money payments in Southeast Asia, excluding the Philippines, grew to $26 billion in 2019 from $15 billion in 2018, according to S&P Global Market Intelligence’s latest Southeast Asia E-Money Market Report.
The volume of GCredit transactions during the during the first half of the year rose by 26 percent to over 2 million transactions from 1.7 million transactions the previous year.
The volume of GCredit transactions during the during the first half of the year rose by 26 percent to over 2 million transactions from 1.7 million transactions the previous year.
GCash saw the value of transactions for payments to the BIR increased by 117 percent to P574.89 million in the first half of 2020 from P265.19 million the year prior.
GCash said among the transactions used by its subscribers were fund transfers, which included InstaPay, and online payments to Google, Apple, Lazada, and various other merchants.
GCash said it coordinated with NBI that led to arrest of three individuals in Quezon City after they swindled money from victims, whose identities were also stolen.