For manpower agencies, which have thousands of employees deployed in different offices and locations, transitioning to a cashless payroll disbursement platform was critical during the pandemic.
Aside from the complicated logistics and health risks of actual cash handling during the pandemic, manpower agencies also spent long hours to manually keep track of salaries, actual work hours, and promotion or position changes. When there are mistakes in computations, it also takes time to trace and fix them. With these inconvenient and time-consuming problems made worse by restrictions during the pandemic, manpower agencies needed a more agile solution to ensure that their employees get paid the correct salaries on time, wherever they are, in a safe and secure manner.
A cashless disbursement platform like GCash PowerPay, a fast and secure digital payroll solution for salaries, allowances, incentives and more, provided the answer.
GCash PowerPay Plus also enables companies to disburse tactical incentives and allowances for their workers through vouchers that can be used for over 75,000 merchants nationwide. Currently, there are over 300 manpower agencies that benefit from GCash’s seamless and cashless payroll system, including Regcris Marketing Network Inc, MAR Employment for Good Services, Inc., and Wizard Manpower and Allied Services.
“With GCash PowerPay Plus, we are able to provide manpower agencies improved efficiency with their payroll disbursement process which is very critical during the pandemic. It’s a win-win proposition for both the company and its employees – the disbursement process is easier and more efficient, while employees get fast and convenient access to their salaries to support their families, while staying safe,” said Martha Sazon, president and CEO of GCash.
GCash AVP for Enterprise Kim Pineda also added, “Enabling these agencies to go cashless with a rapid payroll disbursement system also means we’re helping them achieve a higher satisfaction rate with their employees. GCash PowerPay Plus also helps agencies to save time from the manual processing so they can proceed with other works more efficiently.”
Aside from this, GCash has also helped agencies to easily keep a record of transactions for budgeting purposes. “With GCash, we can easily generate transaction logs with date, time, amount and status which help us to budget and forecast our monthly reports,” said Ermylen Daileg, treasury assistant of Regcris Marketing Network.
With a cashless payroll disbursement, not only can employees receive their salaries hassle-free, but they also have quick access to remittance, bills payments, and bank transfer features on the GCash app. Plus, they can conveniently buy essentials in numerous stores which accept QR payments from GCash.
“GCash is one of the best mobile wallets so far — fast transaction and convenient to use especially during this pandemic. You don’t need to transact over the counter just to pay for your bills, to deposit in other banks, and so on. It also helps me a lot with my small business because most of my customers use GCash as a mode of payment,” said Hanah Jerthy Turalba, an employee at Wizard Manpower & Allied Services.
Thanks to GCash, these manpower agencies were able to have a safe and efficient payroll disbursement system, making it convenient for both the companies and employees.
For more information on how your company can partner with GCash, visit www.gcash.com.
GCash joins forces with Mapúa to enhance FinTech program
Leading organizations partner to produce industry-ready fintech graduates
To help institutionalize Financial Technology (FinTech) as an emerging field of study, leading STEM university, Mapúa, has tapped the expertise of the Philippines’ no. 1 finance super app, GCash, to further develop its ‘Bachelor of Science in Financial Technology’. The program will combine formal tertiary education and professional immersion with fintech industry leaders and is the newest undergraduate program under Mapúa’s E.T. Yuchengco School of Business, in collaboration with Arizona State University.
GCash and Mapúa formally inked their partnership through a Memorandum of Understanding (MOU) signing held at Mapúa University’s Makati campus on August 30, 2. Signing the agreement were GCash chief people officer Robert Conrad Gonzales, Mapua University president and CEO Dr. Dodjie S. Maestrecampo, and Dr. Jagdeep Jassel, Dean of the ETY School of Business.
The partnership between GCash and Mapúa University signifies a remarkable synergy between academia and the fintech industry, where theoretical knowledge converges with real-world application. The launch of the BS in Finance Technology program marks a transformative step towards equipping students with the skills and insights needed to excel in the rapidly evolving landscape of financial technology.
“We recognize that partnerships with universities are crucial in the pursuit of our financial inclusion goals, as we are always looking for fresh young talents to join the G Nation. We intend to continue investing in the youth as the fintech industry continues to grow rapidly,” says Gonzales.
“Through this partnership, we aim to be at the forefront of developing talented young professionals in tech. We aim to be the industry eye that can give relevant perspectives and support on internships, curriculum development, faculty immersions, scholarship programs, and other related pursuits,” Gonzales adds.
“We are very excited to see the development of this program. With this partnership, we are confident that we can present fintech to the younger generation as a path with many opportunities, especially with industry leaders from GCash who can share their expertise first-hand, which will greatly help us in designing the curriculum,” says Mapua Dean of the ETY School of Business Dr. Jagdeep Jassel.
The Mapúa E.T. Yuchengco School of Business is also in collaboration with Arizona State University (ASU), the no. 1 “most innovative school” in the U.S. by the U.S. News & World Report. This collaboration opens the doors of students to world-class learning resources and prepares them for a career at par with the rest of the world.
Since the pandemic, fintech leader GCash has helped reduce the number of unbanked Filipinos, providing savings, credit, insurance, wealth growth, and other financial services that had only been available to a few in the past. Believing that the goal of finance for all should be a continuous and sustainable journey, GCash has begun partnering with universities not only to fill up career opportunities in their organizations but also to be the training ground for future fintech leaders.
The partnership between Mapúa and GCash will encompass immersions, and experiential learning. Best of all, it will involve the co-development of subjects leveraging GCash’s industry experience. This collaborative effort ensures that the program remains at the forefront of industry trends, preparing students for the challenges and opportunities of the evolving financial technology landscape.
For more information, visit https://www.gcash.com
GCash Spoofing Scammers Warning
With online scams becoming more and more sophisticated by the minute, GCash and the Philippine National Police Anti-Cybercrime Group (PNP-ACG) are taking this issue seriously.
The newest on the block is called “spoofing scam.” Spoofing scam is a scam where perpetrators use illegal software to make their text scams look like they came from legitimate sources like banks, e-commerce companies, and other big, trusted companies. Since they appear ‘legit,’ unsuspecting targets may fall victim and unknowingly click the link and leak sensitive personal and financial information to fraudsters.
To prevent this from happening to its customers, GCash, the Philippines’ number 1 fintech app, warns its users that all of their Send Money Confirmations are now sent to the GCash App inbox. They also remind the public that if any individual messages them that they have mistakenly sent money to their GCash account and are asking to send it back, they should be vigilant and check their transaction history first to know if this is correct or a ploy to steal from them.
GCash is also in close communication with the PNP-ACG on how they can better serve their customers in cases where they get scammed. For individuals who believe that a fraudulent transaction has occurred in their accounts, they are encouraged to contact the GCash customer care hotline at 2882 or send a ticket to their GCash Help Center at help.gcash.com or message Gigi on the website and type “I want to report a scam.”
Learn more about how to protect yourself and your family and don’t hesitate to contact the PNP Anti-Cybercrime Group if you need help. Contact them at hotline (02) 8414-1560, 09985988116 or via email at firstname.lastname@example.org.
GCash HOPE and Century Pacific Food, Inc
Announced milestone and showcased coconut industry potential at World Congress
The Philippines is one of the world’s largest exporters of coconut products, however, this industry faces multiple challenges such as low productivity due to a host of social, financial and logistical factors. To further support and promote the country’s coconut industry, leading fintech superapp GCash, through its in-app sustainability feature GForest, in partnership with HOPE and Century Pacific Food, Inc. (CPFI), has planted one million coconut trees in Mindanao alone, co uplifting the lives of over 7,600 smallholder farmers, of whom 32% are women.
GCash and its partners also attended the World Coconut Congress, which was recently held at the World Trade Center in Pasay City, where GForest sustainability head CJ Alegrem, along with Nanette Medved-Po, founder and chairwoman of HOPE, and Noel Tempongko, Vice President and General Manager of Century Pacific Agricultural Ventures, Inc. (CPAVI), CPFI’s OEM-Coconut business, proudly shared the positive impact of their partnership.
“The success of the GForest program in Mindanao is a testament to our ‘Tech for Good’ vision. With the help of our green heroes, the one million coconut trees planted in the region brings us closer to our goal of contributing to carbon sequestration, while at the same time, providing sustainable livelihoods for local farmers,” shared Alegre.
This initiative not only aims to address the challenges surrounding the direct supply chains for coconut oil, but also the cultivation areas as a whole as the project supports local communities, helping them achieve financial growth and empowerment.
“We’re incredibly proud of what GCash, HOPE, and Century Pacific Food, Inc. have achieved together. The work doesn’t stop there. We are committed to continuing our work towards a healthier planet while providing livelihood to smallholder farmers who need it the most,” said Medved-Po.
The partnership was initially launched in August 2021 through GForest, an environmental protection feature on the GCash app that allows users to take an active role in the country’s reforestation efforts. Through the platform, GCash users earn green energy points, which can be used to plant virtual trees. In turn, GCash, together with its partners across the Philippines, plant an actual tree for every virtual tree in the app.
Take part in celebrating the impactful potential of the coconut tree by joining GForest. To activate, tap GForest in the GCash app, read the user agreement, and click ‘I want to help! Then allow access to your contacts and health app. Once accomplished, you can now start collecting energy points.
Don’t have GCash yet? Download the app for free on Google Play for Android, Apple Store for iPhone and iPad users, or Huawei Gallery.
To know more, visit GCash at https://www.gcash.com
realme C51 SOLD OUT in PH
realme to restock soon after the newly launched realme C51 was officially sold out on Lazada, Shopee, TikTok Shop, and...
TP-Link Archer Air R5 and E5 Philippines
With the opening of TP–Link’s first physical store in the Philippines, Filipinos can now get their hands on the latest...
HONOR Pad X9 Philippines Price
New HONOR Pad X9 tablet is now available for pre-order from September 27 to 30, 2023 for only Php 11,990...
HONOR X5 Plus Philippines Price
No tricks, just pure treats! HONOR launches HONOR X5 Plus with an introductory price of Php 5,490 from its original price of Php 5,990 until October 8, 2023 only! Leading smart...
HONOR 90 Lite 5G Philippines Price
Breaking news! HONOR 90 5G successor HONOR 90 Lite 5G is now available for pre-order from September 27 to 30,...
Prestone Coolant Cor-Guard™ Technology
Prestone’s latest innovation in car care premiered at the Cebu Auto Show 2023 —a 1L coolant that ensures peak engine...
OPPO brings the newest A38 in the Philippines
Leading global smart device brand OPPO, has introduced the new OPPO A38, the latest addition to its powerful A Series...
realme 11 Pro Series 5G Photography
Level up your shots with a 200MP OIS SuperZoom Camera, Street Mode mode and more In today’s digital world where...
GCash3 weeks ago
GCash Payment Public Transportation
GCash4 weeks ago
BSP, DILG, GCash Launch Paleng-QR Ph plus in Mandaue City
GCash2 weeks ago
GCash joins forces with Mapúa to enhance FinTech program
OPPO3 weeks ago
OPPO Reno10 Series 5G Price Philippines
Honor3 weeks ago
HONOR SM City GenSan Mindanao
Home Credit3 weeks ago
Turn Your iPhone 11 Dream to Reality with Home Credit
OPPO4 weeks ago
OPPO 9.9 Mega Sale
Honor4 weeks ago
HONOR Magic V2 and V Purse