GCash, the country’s most widely used financial app, is now available as a payment option at SM Markets, the country’s leading food retailer and mother brand of SM Supermarket, SM Hypermarket and Savemore Market.
With 48 million active users, the largest financial app in the country will provide greater convenience for millions of SM Markets customers in the greater Manila area and nearby provinces.
“The new normal brought about a lot of new and unique challenges Filipinos were only able to solve through digital payments, and we are happy that leading institutions in the Philippines, like the SM Group, were very quick to adapt to the needs of the country. We are thrilled to partner with and enable digital payments for SM Markets”, said Martha Sazon, President and CEO of GCash.
GCash is so huge in the Philippines it has surpassed global social media and entertainment apps such as Instagram, Viber and Netflix. GCash had 46 million users as of July 2021, accounting for 60 percent of all Filipinos over 15 years old.
GCash has 15 million logins and 10 million transactions per day and is expected to hit P3-trillion in gross transactions this year, or three times its value in 2020.
SM Markets, the supermarket business of SM, is “Happy to Serve” more communities around the country as it expands its presence online.
SM Markets Online, via https://smmarkets.ph/ is currently available in 70 branches in Metro Manila, Cebu, Davao and key cities in Luzon and Visayas. It is targeting to be available in 100 locations covering most of the key areas in the country by the end of 2021. SM Markets is the mother brand of SM Supermarket, SM Hypermarket, and Savemore Market.
“To serve our customers safely and conveniently, we continue to innovate and broaden our digital presence to offer more touchpoints for our customers and communities in synergy with our brick and mortar stores. Our main focus is improving our service all the time to give customers the best shopping experience,” SM Supermarket President Jojo Tagbo said.
With an option for pick-up or delivery and multiple payment options such as GCash, SM Markets Online is a one-stop shopping platform for those who prefer to do their shopping online and want value for their hard-earned money.
SM Markets Online showcases all basic necessities as well as select premium or specialty items. The assortment ranges from fresh meat, poultry, seafood, fruits and vegetables to canned goods, bread, condiments, snacks, and beverages. One can also order for baby needs, personal care items, household products, pet food, international favorites and of course, the house brand SM Bonus.
The GCash payment facility of SM Markets was designed and built by Paynamics Technologies, a leading payment solutions provider.
“Paynamics solves the payment acceptance and payout pain points of all businesses—from small, medium to large enterprises, especially during this extraordinary pandemic that has rendered some SMEs cash-strapped and inefficient in their operations,” said Paynamics CEO Mylene Chua-Magleo. “Our promise has always been to deliver secure, efficient and reliable electronic payment solutions.”
The turn-key, secure ePayment solution of Paynamics connects multiple acquiring banks and financial institutions to a vendor’s e-commerce portal.
GCash, Sakahon Empower Agricultural Sector Through Affordable, Convenient Loans for Farmers in Floridablanca, Pampanga
With its clear vision to promote financial inclusion and digital adoption for all Filipinos, GCash, the country’s leading mobile wallet, has launched a pilot Farmer Loan initiative which aims to empower and improve the financial literacy and capabilities of the agricultural community in Floridablanca, Pampanga.
The launch was done in collaboration with Sakahon, an award-winning agritech social enterprise that enables farmers to analyze and use data to know what the market needs ahead of time.
GCash assisted over 30 partner farmers in creating their own accounts to allow them to avail of quick and easy cash loans offered by GCash’s credit affiliate, Fuse Lending. Likewise, the farmers were introduced to other GCash services like Send Money, Pay QR, as well as savings and investment solutions.
Nanay Gemma is among the first Filipino farmers who will benefit from these digitally inclusive loans. She said in Filipino, “this program of GCash will enable us to transact faster. We don’t need many documents and no more long lines. We are grateful for this opportunity so that we are better connected to the market and to the digital world.”
Through this initiative, farmers can easily avail of additional capital for their crops through GLoan; save money and enjoy interest rates as high as 7.2% per annum through GSave; grow their money by investing in a market fund with GInvest; and protect themselves and their families by getting insured through GInsure.
“Thanks to our partnership with Sakahon, we’re making sure every Filipino, especially our farmers, have access to affordable and safe loans, helping improve their livelihood and the lives of their families,” said Tony Isidro, CEO of Fuse Lending. “As the Philippines grapple with food security issues, it’s now more important than ever to support our farmers and empower them with innovative digital financial solutions.”
Elaine Timbol, CEO of Sakahon also highlighted, “GCash has been instrumental in bridging the gap between farmers and more affordable formal loans. Through this program, we hope to have a meaningful and lasting impact on the lives of our farmers, as we help them secure their financial future. Through financial literacy programs and bringing formal financial services closer to farmers, not only will their families benefit, but also the Philippine economy, which has been suffering from a stagnant agricultural sector.”
With over 71 million registered users to date, GCash has been tirelessly working to democratize access to important financial services like formal lending through GLoan, GGives, and GCredit.
#GCash #GrabPhilippines Join Forces for More convenient Direct Cashless payment Option
Grab users can use GCash to pay for the leading superapp’s services by February
Paying for your ride and food orders will soon be easier and hassle-free as the country’s leading mobile wallet GCash partners with Grab Philippines, the country’s leader in transportation and deliveries.
The landmark partnership will give Grab users access to the easiest, most convenient, and secure cashless transactions when they add GCash as a direct payment method on the Grab app. GCash will be officially available as a mode of payment on the Grab platform by February.
Through this partnership, users can simply choose GCash as their payment method, and pay cashless for GrabCar, GrabFood, GrabMart, GrabExpress and other Grab services with just a few taps on their smartphones. Moreover, this partnership enables users to avoid transfer fees which go as high as Php 50.
“With this partnership, we once again realize our commitment to make the lives of Filipinos better each day by delivering a more convenient, secure, and cost-efficient way to pay for their rides and food and grocery deliveries. We look forward to this partnership and we will continuously innovate and build more
To make their cashless transactions more convenient and rewarding, customers of Grab also get to avail of GCash exclusive deals, and get special treats when they pay for their transactions using GCash.
Country Head of Grab Philippines Grace Vera Cruz shared, “Grab Philippines is dedicated to empowering our stakeholders in a digital-first economy, and key to this is driving a deeper and wider cashless adoption in the country. With more Filipinos transacting via cashless means, we are accelerating our prospects of digital transformation. We look forward to collaborating with like-minded partners such as GCash on this agenda, and we are optimistic that through this partnership, we can improve the lives and livelihoods of many of our kababayans, while building a cashless, digital-first economy for all Filipinos.”
Grab is Southeast Asia’s leading superapp for ride hailing, food delivery, and on-demand grocery delivery. It touts strong foothold in markets like the Philippines, Thailand, Singapore, Malaysia, Indonesia, and Vietnam. Prior to this development, GCash and Grab have already established a strategic collaboration. Their initial partnership has provided Filipinos safe, seamless, and secure digital experience by allowing users to transfer money from their GCash wallet to their GrabPay wallet, and vice-versa.
Building on GCash and Grab’s shared mission of addressing Filipinos’ daily needs, this partnership also helps in creating a more cash-lite and digitally driven economy.
As part of its vision of achieving “Finance for All”, GCash will continue to innovate and establish partnerships to offer affordable, convenient and safe services – making Filipino lives better every day and beyond, in the new normal.
#GCash Beefs up User Protection with Certification from Int’l Data Security Standards Firm
The leading mobile wallet is now Payment Card Industry Data Security Standard certified
GCash, the country’s leading mobile wallet, recently achieved a compliance certification from the Payment Card Industry Data Security Standard (PCI-DSS), assuring every Filipino of the e-wallet’s commitment to the highest quality standards on data security.
PCI-DSS is a standard that is being administered by the Payment Card Industry Security Standards Council (PCI-SSC) which includes top global credit card brands such as MasterCard, Visa, American Express, JCB International, and Discover Financial Services
The standard ensures that all companies which accept, process, store, or transmit credit/debit cardholder information maintain a secure environment to protect customers. Compliance is validated annually by an external Qualified Security Assessor (QSA) such as ControlCase Inc., a global provider of certification, cybersecurity, and continuous compliance services, which also conducted the assessment of GCash.
“This certification is a testament to our commitment of adhering to only the highest standards in safety and security. This is proof that, at GCash, we take data privacy and cybersecurity very seriously, as it is one of our key pillars in ensuring our customers have the best experience when they use our services. GCash will continue to pursue more global industry best practices to better serve our 71 million customers,” GCash President and CEO Martha Sazon said.
The formal awarding ceremony was held at the GCash headquarters. It was attended by key officials of the company as well executives from Globe Group, the parent firm of Mynt which operates GCash.
The ceremony was also graced by ControlCase president Suresh Dadlani and its head of business development Michelle Mascardo. Also present at the event were project team members from GCash’s Information Security Group, Technology and Operations, along with other business support teams.
As it continues to expand its services and reach more unserved individuals, GCash remains steadfast in boosting the app’s safeguards while continuously strengthening its sense of accountability, ethics, and compliance to further improve customer’s experience and provide them safe, secure, and more convenient digital financial solutions.
vivo Philippines Offers a FREE Bouquet of Flowers and a Premium Necklace Perfect for Valentine’s Day #vivoValentinesPromo2023 #VLoveSweet #vivoPhilippines #ValentinesDay2023
Valentine’s Day celebration may seem complex especially when it comes to deciding what to give as gifts. But don’t worry,...
#Theatrhythm Final Bar Line Free Demo Available Now On Playstation 4 And Nintendo Switch #APPSGADGET #Gaming
Enjoy a Selection of 30 Songs Featured in the Full Game, including Legendary Tracks from FINAL FANTASY VII...
Power your lifestyle with HONOR X9a 5G through Home Credit
The grind of the new generation of Filipinos has begun. Young professionals, gigsters and hustlers, student dreamers and aspiring content...
Viral phone #HONORX9a5G Stocks up due to Buzz and Popular Demand
Great news! HONOR restocks the number of HONOR X9a 5G phones due to high demand from the public. GMA artist...
#Fortinet Expands its Services and Training Offerings to Further Support SOC Teams in Preventing and Defending Against #CyberThreats
Multi-Faceted Approach Accelerates Fortinet’s Global Commitment to Eliminate the Cybersecurity Skills Gap John Maddison, EVP of Products and CMO at...
Dine-In ‘Sinulog Eats’ and more: foodpanda Treats Pandapro Dine-in Subscribers in Cebu #SinulogEats #foodpanda #Cebu
The on-demand delivery subscription platform made this year’s Sinulog Festival extra special with exciting discounts and surprises Aside from marking...
GCash, Sakahon Empower Agricultural Sector Through Affordable, Convenient Loans for Farmers in Floridablanca, Pampanga
With its clear vision to promote financial inclusion and digital adoption for all Filipinos, GCash, the country’s leading mobile wallet,...
#SAP Announces New Regional Strategic Services Partner Initiative
SAP Asia Pacific Japan (APJ) today announced a Regional Strategic Services Partner (RSSP) initiative to amplify the capabilities and reach of established partners in the APJ region that are...
VIVO3 weeks ago
Celebrate 2023 with vivo Smartphones and Get Exclusive Freebies at vivo Concept Stores or Kiosks! #VivoY22s #vivoY35 #vivoV25e #vivoV25 #vivoV25Pro
Globe3 weeks ago
Globe’s 5G network expands to 237 sites in VisMin, Connects more Consumers and Businesses #Globe5G #VisMin
ASUS4 weeks ago
8 Reasons Why Choose the ASUS Vivobook S 14 OLED as your Next Laptop
Vertiv3 weeks ago
Vertiv’s Liebert® itON-SOHO UPS: The Best Tech Gift to Buy for Yourself #Vertiv
Globe7 days ago
Globe Logs over 11M Prepaid SIM Registrants, urges Customers to Register before April 26 Deadline
Honor4 weeks ago
HONOR X9a 5G Ultra Tough Premium OLED Curved Screen to Launch on January 19
VIVO3 weeks ago
#vivo dominates the Top 10 Best Performing Flagship Phones by Antutu for December 2022 #vivoX90Pro #iQOO11Pro
VIVO4 weeks ago
Usher in a Prosperous New Year with vivo’s Powerful and Reliable Smartphones #vivoV25 #vivoY35 #vivoY22s #vivoChristmasParoleta2022 #vivoChristmasRaffleWin2022 #PaskongLavivoLoca