Luis Buenaventura II: PH Crypto Industry’s Dirty Little Secret
It’s truly saddening to still be marginalized after all this time operating in the regulated space.
It’s truly saddening to still be marginalized after all this time operating in the regulated space.
Filipino crypto users will have a more easy onboarding process should GCash decide to enable crypto purchases directly on the app.
GCash is rolling out new investment funds that allows users to invest in global companies like Apple, Amazon, Microsoft, and Nintendo.
For instance, a customer cashes in P100 in his GCash wallet. The convenience fee would be P2.58, for a total amount of P102.58 charged to the card.
Under the “new normal” dictated by COVID-19, contactless solutions are perceived to be the best way of distributing cash assistance to families and households greatly affected by the pandemic.
A recent consumer expectations survey by the Bangko Sentral ng Pilipinas (BSP) revealed that more Filipinos are now building their own savings accounts, with 73.9-percent of respondents setting aside money in their banks for unforeseen situations.
Alipay recently upgraded its AI-powered risk engine, AlphaRisk to enhance its world-leading real-time risk detection and management capabilities.
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.
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.