Powerpay+ is a bundled funds disbursement facility that allows companies to pay out salaries, commissions and allowances more conveniently and securely to people by crediting funds directly to employees’ GCash accounts.
Based on research group Statista’s report, the e-commerce sector is expected to grow to a $1.32 billion industry, a 58-percent jump from $835 million in 2018. As such the Department of Trade and Industry (DTI) believes that the industry’s contribution to the country’s gross domestic product (GDP) will likewise be increased by half.
“Anomaly detection should be taken seriously and should be supported by a strong change management affecting people and processes. It should enable risk awareness on how we look at innovation. Hence, the need for a risk-conscious organization.” – Mel Migriño
GCash, operated by Globe Fintech Innovations Inc. (Mynt), is enticing the prepaid mobile subscriber market in the Philippines to participate in the digital economy through its e-money platform, as it aims to bring the benefits of financial technology (fintech) to more Filipinos.
GCash, in partnership with Facebook, is excited to announce an easy new way for people in the Philippines to pay bills and buy prepaid load using Messenger, with the ability to send money to friends and family coming soon.
The Bureau of Internal Revenue (BIR) in partnership with GCash mobile money service, is set to re-launch the first electronic filing and payment system in the country on Apr 12, 2016. Together with the USAID Facilitating Public Investment Project and the USAID E-PESO Activity, these computerization and digitization reform measures aim to improve tax collection and administration, curb corruption, and strengthen business climate in the country.
GCash, Globe Telecom’s mobile money service, is currently in discussion with PayMaya Philippines reloadable prepaid Visa card on mobile money interoperability to help accelerate financial inclusion particularly among those without access to banking services.
G-Xchange (GXI), a subsidiary of Mynt, a wholly-owned financial services subsidiary of Globe Telecom that operates the telecom’s flagship mobile commerce product GCash, has entered into a partnership with First Performance Global, an international platform provider, to launch GogoNogo, a mobile security app that allows users to turn on and turn off payment capabilities of their prepaid, debit or credit cards through their mobile phone, providing for increased user security and purchase control.