GCASH

Regional insurtech Igloo, GCash and Malayan Insurance continue to strengthen existing partnership with the launch of a new travel insurance product.

The new feature removes customers’ dependence on SMS OTPs which has been exploited by some fraudsters to scam users.

The latest feature of GLife, the one-stop shop lifestyle platform of mobile wallet services provider GCash, will now enable Filipinos to check out property listings from Ayala Land Inc. (ALI) brands and pay for reservation fees and real estate dues.   

Landbank clients can now use GCash, Maya, GrabPay, and other e-wallet payment facilities to pay for government services and documents.

Mark Deo Antang, a resident of Camarin, Caloocan City, was busted for selling 556 pieces of Globe and TM SIM cards with verified GCash accounts.

In the past, the name of the person is seen as an added measure of convenience and helps verify that the recipient is correct.

Mobile wallet provider GCash said it is set to move confirmation messages from text message inbox to the app inbox in a bid to improve security as well provide customers with easier access to their transaction history.

Scammers often use e-wallet accounts that are not registered under their names. Fraudsters are able to do this by using or buying SIM cards in the black market that are registered with e-wallets under people who sell or lend their identities.

Filipino freelancers are enjoying a healthy influx of overseas clients, according to a recent joint white paper by US-based financial services company Payoneer and Philippine mobile payments provider GCash.

As the bear market rally continues in the background, mobile wallet and payments services provider GCash is looking into cementing the Web 3.0 and cryptocurrency space in the Philippines by focusing on initiatives that will drive education and innovations.