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News and Events

You Can Now Enjoy Cashless Bus Rides at the Araneta Center Bus Port

Making your trip all the more convenient

Provincial buses are a reliable way to reach an out of town destination, but it can get pretty uncomfortable carrying a wad of cash to pay for your fare at a crowded bus terminal. Thankfully, there is now a cashless way to ...

by Jeremiah Capacillo for Spot.ph  | June 28, 2018 12:00:00
News and Events

PayMaya, GCash QR Code Tech Can Now be Used for Payments in The SM Store and Other Large Retailers

The two telco-powered mobile wallets are slowly working toward the BSP’s vision of a cashless Philippines

Last January 17, PLDT-backed mobile wallet operator PayMaya formally launched a partnership with The SM Store, the department store unit of mall operator SM Prime Holdings, allowing consumers to use the app’s scan-to-pay feature when buying from the retailer. Though PayMaya began ...

by Lorenzo Kyle Subido  | January 18, 2018 02:00:00
News and Events

Guess How Many in the Philippines are Using Bitcoin and Other Cryptocurrencies?

PH is second only to Indonesia in virtual currency adoption among five developing ASEAN countries

Compared to its Southeast Asian neighbors, the Philippines has been relatively more open to using Bitcoin and other cryptocurrencies, according to a report in FT.com, the Financial Times newspaper’s online site.In an article published last December 6 titled “Southeast Asia ready to ...

by Lorenzo Kyle Subido  | December 08, 2017 02:00:00
News and Events

Going Cashless: 75% of Pinoys Have Banking Apps on their Phones While 65% Have Tried Buying Stuff Online

BSP wants a fifth of all payments to be electronic by 2020 from less than 1% in 2015

More and more Filipinos are turning to their mobile phones in order to avail of banking services rather than go to a physical branch, according to a study by global financial services provider Visa.According to the SEA Consumer Payments Attitude Survey 2016, ...

by Lorenzo Kyle Subido  | November 08, 2017 01:00:00
News and Events

GCash, PayMaya Move Closer to Emulating Jack Ma's Cashless Payment System for PH

The two leading mobile wallets launched scan-to-pay features to ease payments for brick-and-mortar retailers

The country’s two leading telco-powered mobile wallets, Smart Communications’ PayMaya and Globe Telecom’s GCash, rolled out a new “scan to pay” feature that allows users to scan quick response (QR) codes with their smartphones in order to pay for products and services ...

by Lorenzo Kyle Subido  | October 25, 2017 03:00:00
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