February 28, 2020 – 7-Eleven and GCash entered in a partnership to allow GCash users to pay for their purchases using the app’s scan-to-pay (STP) feature.
A customer has to generate a unique barcode on the GCash app and then present that barcode to the cashier to complete the purchase.
This is part of GCash’s aim to streamline the QR code system. According to the company, there is no need for merchants to have their own mobile devices because the barcode will be integrated into the merchant’s point-of-sales.
According to 7-Eleven President Jose Paterno, many customers already go to the convenience store to add money to their GCash wallets, now they can use Gcash to pay as well as participate in their CLiQQ loyalty program. This QR feature is now available in more than 2,800 7-Elevent outlets as well as Puregold and Starbuck outlets in the Philippines, as reported by PhilStar.
GCash said this program is also to support the initiative of the Bangko Sentral ng Pilipinas to increase digital transactions by 30% by the end of 2020.
This article is published on BitPinas: 7-Eleven and GCash Partner for Barcode Transactions