Payments News

On The Web



GCash, Starbucks Introduce New Mobile Payment Option

“Getting a cup of our favorite Starbucks handcrafted beverage is now easier with GCash, the leading mobile wallet in the Philippines. As of September 2018, Starbucks had 373 licensed stores nationwide. It opened its first branch in the Philippines in 1997 at the 6750 Ayala Building in Makati City, making the Philippines the third overseas […]
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Grab PH expands mobile wallet services to bills payment, purchases

“While majority of Filipinos still transact using cash, Southeast Asia ride-hailing giant Grab expanded its mobile wallet services in the Philippines to promote cashless transactions. In a statement on Thursday, September 27, Grab said it is expanding its mobile wallet services “GrabPay” to include bills payment, food orders, and in-store and in-restaurant purchases.”


GCash, Alipay target Chinese tourists with new payment scheme

“Globe Telecom’s fintech arm Mynt and Ant Financial on Monday jointly launched a new QR Code solution that will allow Philippine merchants to accept local GCash payments as well as payments from Chinese tourists using Alipay in one single connection. “By jointly establishing this QR code with Alipay, all merchants working with GCash will be able […]

On The Wires



OneConnect Partners With UnionBank’s Fintech Subsidiary UBX to Co-create Philippines’ First Blockchain-enabled Platform for MSMEs

“OneConnect Financial Technology Co. Ltd. (OneConnect), an associate company of China’s insurance giant and Fortune Top 29 Company Ping An Group, has partnered with UBX Philippines Corporation, the wholly-owned fintech subsidiary of Union Bank of the Philippines (UnionBank), to build the country’s first blockchain-enabled platform to meet the banking needs of micro, small and medium enterprises (MSMEs). The partnership underpins both […]