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Saturday, January 6, 2018

GCash Dominates Philippine Retail ePayment with over 4k QRs Nationwide

GCash, the country's mobile wallet service by Mynt, a financial technology company by Globe Telecom now dominates the country's Philippine retail e-payment landscape when it began offering its QR payment that ushers in cashless payments in the country.

This mobile wallet is a convenient way of paying for your purchases without having to hand in cash or credit card to the cashier. Very hassle-free and less lines since it has a special counter for QR purchases in the stores. You can also use this mobile wallet to pay for food in select restaurants.

Last year was a turning point for GCash especially when it introduced its scan-to-pay feature which makes GCash card features at par with other countries who has multi-purpose card that one can use for purchases, transportation, food, etc.

"With the GCash scan to pay feature, we bring in technology that lowers the cost of transactions. By enabling merchants to accept payments at virtually no cost, we are actually creating convenience for the merchants and translating that benefit back to the customers and that's how it becomes more accessible for everyone," said Anthony Thomas, President and CEO of Mynt. "Before, you need a POS or a reader for the cards acceptance. But today, we eliminate all that. With GCash, you can pay without cash. That's the convenience that we bring to our customers."

To date, QR payments across different merchants all over the country have been deployed successfully, transforming the local retail scene into a cashless landscape.

More than 4,000 GCash QRs are now being accepted in various merchants nationwide, including the biggest players in the retail industry such as Ayala Malls, Robinsons Department Store, SM Malls, Megaworld Lifestyle Malls Cinema, Puregold, Ministop, and NCCC Malls.

Other merchants where customers can pay using the GCash QRs are:

 *SSI Group, which carries an extensive portfolio of established international brands such as Banana Republic, Beauty Bar, Jimmy Choo, Burberry, Gap, Bally, Calvin Klein, Clinique;

 *Max’s Group, the largest casual dining restaurant company in the country.  It includes Max’s Restaurant, Krispy Kreme, Kabisera, Pancake House, Yellow Cab, Teriyaki Boy, Jamba Juice, Dencio’s, Sizzling Steak; and,

 *Bench Group, which includes Bench, Human, Kashieca, Aldo, Charles & Keith, Cotton On, American Eagle.

Smaller sellers located at celebrity bazaar destination Noel Bazaar and food haven Mercato Centrale have also adopted the cashless payment option.

Over the next few months, GCash will continue to lead the way in promoting a cashless ecosystem in the country by aggressively rolling out the use of the scan to pay feature in other locations nationwide. This is aimed at encouraging more people to use it in day-to-day shopping, dining, entertainment, and other activities.

To start enjoying the benefits of the GCash scan to pay feature, customers must download the app for free from the App Store or Google Playstore and register an account. Once installed, customers can cash-in or reload at any GCash kiosk and digital payment booth in Globe Stores, and in over 12,000 GCash Partner Outlets such as Robinson’s Business Centers, SM Business Centers, Puregold branches, 7-Eleven Cliqq kiosks, and TouchPay kiosks, among others.

Through the QR-based mobile payment system, customers can shop by just scanning the QR codes displayed by partner merchants and establishments. With the new smartphone application, there will be no need for customers to carry around wads of cash. It makes purchasing the latest fashion items or paying services more convenient and secure while eliminating the chance of having misunderstandings over payments and getting the wrong change.  With GCash, shoppers can skip long lines, keep track of their expenses and minimize the risk of theft, all through the use of their smartphones.


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