DOTr to require cashless toll fee payments
CALOOCAN CITY, Aug. 26 (PIA) -- The Department of Transportation (DOTr) has announced that it has ordered the rollout of mandatory cashless transactions in toll expressways, a report by the PTV New.....»»
DOTr: 2.2 million more plastic cards to be delivered
Transportation Secretary Jaime Bautista inspected yesterday the one million delivered plastic cards to be used for the printing of driver’s licenses, at the Land Transportation Office central office in Quezon City......»»
Companies State it Takes More Than 6 Months to Fill Cybersecurity Positions
The latest Kaspersky survey found that 48% of companies require over half a year to find a qualified cybersecurity professional. A lack of proven experience was cited as one of the biggest challenges, along with the high cost of hiring and global competition in talent acquisition. With global labor markets continuing to clamor for InfoSec […].....»»
EDITORIAL — The cost of negligence
As of early evening yesterday, the death toll from a vehicular collision in Cotabato stood at 17, with four others needing hospitalization for injuries and severe burns......»»
SMC OK to add MPTC Indonesia in joint venture
Diversified conglomerate San Miguel Corp. (SMC) is open to including the Indonesian segment of Metro Pacific Tollways Corp. (MPTC) in the planned merger of the toll road operators......»»
CCLEX offers motorists assistance, free towing services on Holy Week
To ensure safe and convenient travel experiences, the Cebu Cordova Link Expressway Corporation (CCLEC) is offering motorist assistance and free towing services to users of its expressway this Holy Week. CCLEC, along with the other toll road networks of Metro Pacific Tollways Corporation (MPTC), is implementing anew its Safe Trip Mo, Sagot Ko (SMSK) motorist.....»»
Calorie counts on menus required for Quezon City restaurants
Quezon City Mayor Joy Belmonte has approved an ordinance that will require restaurants, fastfood chains and other food establishments to publish the calorie count of food items on their menus......»»
GSIS taps Maya for payments
State-run pension fund Government Service Insurance System is expanding its payment channels through a partnership with digital bank Maya Bank Inc......»»
Philippines posts 196 mln USD deficit in February
MANILA, March 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 196-million-U.S. dollar deficit in February, significantly lower from the 895-million-dollar BOP deficit recorded a year ago, the country's central bank said on Tuesday. The Bangko Sentral ng Pilipinas (BSP) said the BOP deficit in February reflected outflows arising mainly from the national government's foreign currency deb.....»»
Paleng-QR Philippines launched in Quezon City public market
Quezon City Mayor Joy Belmonte yesterday led the launch of the Paleng-QR Ph Plus program that will enable cashless transactions at the Project 4 public market. .....»»
TRB: All toll exits go cashless by June
The Toll Regulatory Board wants to include all toll plazas under the dry run for cashless transactions by June, as it banks on the program to speed up the flow of traffic in expressways......»»
BSP expands cashless payments in markets, transport
The Bangko Sentral ng Pilipinas has launched the extension of cashless payments in public markets and transportation services in 16 cities and provinces across the country......»»
PNP, GCash advise users against illegal raffle promotions online
This holiday season, GCash is advising the general public against illegal raffle promotions that sell online tickets for a chance to win cash prizes and automobiles. The warning comes as part of the leading e-wallet’s thrust to build a financially inclusive and safe cashless ecosystem by educating users on the modus of scammers, fraudsters, and.....»»
BSP ramps up cashless payments in markets, transport
The Bangko Sentral ng Pilipinas continues to extend cashless payments in public markets and transportation services in more provinces across the country......»»
Cashless Expo fuels digital payment transformation in Philippines
The recently concluded Cashless Expo 2023, hosted by GoDigital Pilipinas at the World Trade Center in Pasay City, marked a significant collaboration between the public and private sectors. In partnership with the Department of Trade and Industry the Department of Agriculture and the Bangko Sentral ng Pilipinas the expo showcased the benefits of digital transactions, focusing on driving the digital transformation, particularly among micro, small and medium enterprises (MSMEs) and farmers, in e-commerce, digital payment, banking and fintech......»»
E-payments in public markets, transpo reach BARMM
The Bangko Sentral ng Pilipinas has extended cashless payments in public markets and transportation services to reach the Bangsamoro Autonomous Region in Muslim Mindanao......»»
Maiden Cashless Expo set to gather proponents of digital transactions
Since its inception, GoDigital Pilipinas has championed digital literacy and has worked to inspire Filipinos to join the digital transformation era......»»
BSP, DTI partner for cashless expo
The Bangko Sentral ng Pilipinas has partnered with the Department of Trade and Industry to hold the country’s first cashless expo next month......»»
More protection for GCash users
Digital money transfers are now an integral part of daily transactions. However, scammers, fraudsters and cybercriminals have devised various strategies to take advantage of users and exploit the cashless economy. In addition to utilizing topnotch cybersecurity systems, the Philippines’ number-one finance super app, GCash, has added another layer of protection with the introduction of “Send Money Protect” on its in-app feature, GInsure. SMP provides users confidence and peace of mind when sending money digitally for as little as P30 per month. SMP provides users comprehensive protection from the most common scams such as online shopping fraud, account takeovers and social engineering, for transactions done via “Express Send” in the app. SMP, offered in partnership with Chubb, the world’s largest publicly traded property and casualty insurance company, can easily be availed once every 30 days. Studies show that 45 percent of Filipino adults have been targeted by scams, with 11 percent falling victim to such activities. This has led to uncertainties toward digital payment methods among some users, hampering milestones already achieved in financial inclusion. “We at GCash believe in building partnerships that amplify the value we provide to our users. That's why we've teamed up with Chubb, a global insurance leader and our partner in consumer protection, to bring you an added layer of protection. This collaboration ensures that you have added financial protection from the unexpected when transacting online, giving you the confidence that your hard-earned money is in safe hands,” said GCash vice president for New Businesses Winsley Bangit. Chubb Philippines’ country president Mari Rachelle Canta also emphasized that, “Our partnership with GCash further strengthens our mission to serve millions of customers by providing a safety net through embedding insurance in everyday transactions. Now, GCash users have enhanced protection from cybercrimes with ‘Send Money Protect.’” The partnership between GCash and its consumer insurance partner Chubb was solidified through a memorandum of agreement signing on 13 September 2023. Signatories from Gcash included VP for New Businesses Winsley Bangit and GInsure head Joseph Nino Young, while those from Chubb in the Philippines included country president Mari Rachelle Canta and VP and head of Consumer Lines Maurice Hilario. While the feature is currently in its beta version and available exclusively to GCash and Chubb employees for now, GCash has announced that it will be fully rolled out by 13 November 2023, promising a safer, worry-free online transaction experience for all. The post More protection for GCash users appeared first on Daily Tribune......»»
GCash expands in Singapore
GCash, the Philippines’ leading finance super app, doubles down on its presence in Singapore as it can now be used as a cashless payment option in both Alipay+ and Alipay China-enabled merchants. This further expands GCash’s availability in one of the most famous destinations in Southeast Asia. It has already been accepted by Alipay+ merchants in 2022, but now GCash can also be used to pay in select AlipayCN establishments. Some of these merchants include 7-Eleven, which has the largest convenience store network in the country at 450 branches; the largest orange juice vending machine operator, iJooz; the exclusive distributor of duty-free cosmetic products, The Shilla Duty-Free; and the largest taxi operator, ComfortDelGro taxis. “GCash is committed to always being there for our millions of users wherever they are here in the Philippines and all over the world. Thanks to our global partner Alipay+, GCash users can now go cashless in thousands more touchpoints in Singapore,” said Ren-Ren Reyes, president and CEO of GCash mobile wallet operator, G-Xchange. Aside from expanding its touchpoints, GCash is also making it rewarding for users to go cashless in Singapore. When they use GCash to pay in 7-Eleven, iJooz, and hawkers like Lau Pa Sat they can get P85 off from their purchase. Likewise, users can enjoy up to P400 off at ComfortDelGro taxi rides and their shopping at The Shilla Duty-Free stores. To claim these vouchers, head on over to the GCash app and tap the “A+ Rewards” button. In the dropdown button, select Singapore and scroll down to select a voucher to purchase. When paying for your purchases at these destinations, be sure to look for the Alipay+ or AlipayCN logo at the checkout. Open your GCash app and select the QR or PayQR button at the bottom of the screen. Scan the merchant’s QR code, or tap “Pay Abroad with Alipay+ or AlipayCN” to have the merchant scan your generated QR. Then, check the amount and click “Pay” to see the receipt. GCash is continuously expanding its international footprint in partnership with Alipay+. Aside from Singapore, the Philippine e-wallet can be used to pay in select Alipay+-enabled merchants across Japan, South Korea, Malaysia, Qatar, the United Kingdom, France, Germany and Italy. “Our users can expect GCash to further expand its global reach as we partner with more merchants in more countries,” Reyes said. The Philippine finance super app is also making its services available to more Filipinos who live abroad as the GCash app can now be used with international numbers in the US, UK, Canada, Japan, Italy and Australia. The post GCash expands in Singapore appeared first on Daily Tribune......»»
Invest in MIF, PBBM urges Saudi bizmen
RIYADH, Saudi Arabia — President Ferdinand Marcos Jr. and his economic managers portrayed a healthy and robust Philippine economy as he encouraged Saudi Arabian businessmen to participate in the nation’s recently established sovereign wealth fund, Malacañang said on Friday. In a statement, the Palace said Marcos pitched the Maharlika Investment Fund to Saudi business executives, hoping to gain from their investments and wealth of financial management know-how. “At the forefront of these opportunities is the recently launched Maharlika Investment Fund, the Philippines’ first-ever sovereign investment fund designed to drive long-term economic development through increased investments in high-impact sectors,” Marcos said. “We look forward to benefiting not just from Saudi investments but also from the Kingdom’s extensive experience in managing such funds,” he added. In response, Saudi Ministry of Investment Minister Khalid Al-Falih said Saudi investors are keen to learn from the Philippines’ financial sector. Al-Falih said the MIF was of particular relevance to the Saudi business community. “We want to connect you to key Saudi investors with impressive success stories to share and with the desire to continue building our international presence by investing with partners across the globe, the Philippines being a key one,” Al-Falih said. He added: I am pleased that we are joined today by leaders of the sector from Saudi Arabia who are eager to learn more about one of ASEAN’s most exciting markets and about the Maharlika Investment Fund that you have launched under your administration.” The Saudi government, he said, may provide information about their “extremely successful banking sector.” He applauded the Philippine government’s efforts to have a cashless society, one that uses mobile money as well, by 2030. The post Invest in MIF, PBBM urges Saudi bizmen appeared first on Daily Tribune......»»