NBI, GCash Charge 3 Suspects with Cybercrime, Estafa
The 3 suspects pretended to be Gcash, Grab, Lalamove, or Mr. Speedy employees. They convinced their victims that their accounts were compromised and offered to help them in fixing their accounts.
The 3 suspects pretended to be Gcash, Grab, Lalamove, or Mr. Speedy employees. They convinced their victims that their accounts were compromised and offered to help them in fixing their accounts.
Gcash said the initiative is in support of the government’s implementation of more stringent health and safety measures amid the more lenient community quarantine in certain areas in the Philippines.
Here are the advisories related to payment of utility bills during ECQ, GCQ, and MECQ in the Philippines.
Digital payments will become the “bedrock” of digital services as the need to limit social interaction and reduce contact from common surfaces like paper money become a necessity, said Gcash in a statement.
Paymaya said it is hoping that the momentum driving cashless payments during the pandemic will ultimately translate to profitability.
Outstanding loans of banks, net of reverse repurchase placements with the Bangko Sentral ng Pilipinas (BSP), grew by 12.9% in March 2020.
The enhanced community quarantine (ECQ) has triggered the increase in the number of people using digital banking in the Philippines.
BSP said individuals and businesses can leverage both systems when paying or accepting payments.
As the health efforts during the COVID-19 crisis continue to steer the way we live, the necessity of acquiring and moving cash has never been higher.
There will be more than 3.6 billion customers using digital banks by 2024. This is the result of the study from Juniper Research examining the growth of digital-only banks and the traditional banks undergoing digital transformation.