You plan to move to the Philippines? Wollen Sie auf den Philippinen leben?

There are REALLY TONS of websites telling us how, why, maybe why not and when you'll be able to move to the Philippines. I only love to tell and explain some things "between the lines". Enjoy reading, be informed, have fun and be entertained too!

Ja, es gibt tonnenweise Webseiten, die Ihnen sagen wie, warum, vielleicht warum nicht und wann Sie am besten auf die Philippinen auswandern könnten. Ich möchte Ihnen in Zukunft "zwischen den Zeilen" einige zusätzlichen Dinge berichten und erzählen. Viel Spass beim Lesen und Gute Unterhaltung!


Visitors of germanexpatinthephilippines/Besucher dieser Webseite.Ich liebe meine Flaggensammlung!

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Showing posts with label GCash. Show all posts
Showing posts with label GCash. Show all posts

Tuesday, December 27, 2022

Gatchalian warns Pinoys about new GCash scam ahead of SIM registration

by Ellson Quismorio

Senator Sherwin Gatchalian has cautioned Filipinos on a recently discovered GCash scam ahead of the start of SIM card registration on Dec. 27. 

Senator Sherwin Gatchalian (Facebook)

Gatchalian cited a fraudulent email apparently coming from GCash Promotions advising recipients that their transactions have been restricted and to reinstate the said feature, recipients have to pre-register by simply clicking a link, a process that could potentially compromise their online security. This has been confirmed by the GCash Team as a scam.

SIM stands for subscriber identity module. It is used on mobile devices such as phones and tablets. 

“Ipinaglaban natin ang pagsasabatas ng SIM registration sa nakalipas na maraming taon dahil gusto nating protektahan ang mga gumagamit ng SIM laban sa panloloko ng cyber criminals (We fought for SIM registration enactment in past years because we want SIM users to be protected from cyber criminals),” Gatchalian said.

“Kailangan nating abisuhan ang ating mga kababayan na mag-ingat nang husto laban sa mga sari-saring pambibiktima ng mga kawatan (We need to warn our countrymen to be careful against these fraudsters’ various schemes),” he added.

GCash is a popular e-wallet maintained by one of the country’s major telecommunications companies. 

Starting Dec. 27 this year, SIM users need to register their SIMs within 180 days or six months, or else have their SIM cards deactivated from their respective service providers.

A co-author of Republic Act (RA) 11934, or the SIM Registration Act, Gatchalian also urged SIM users to register their respective SIMs as soon as possible, emphasizing that doing so would enable authorities to track criminal-minded individuals who take advantage of unsuspecting customers.

Gatchalian also said the law includes provisions that would ensure the protection of customers’ personal information.

“Identity theft is precisely one of the online schemes that we want to prevent relative to the enactment of the SIM registration law. The process for the disclosure of personal information is a rigid one that necessitates a court order,” he emphasized.

Gatchalian said SIM users need to make sure that they register only through a secure platform or website provided by their respective service providers. The process of registration requires the following information including full name, date of birth, gender, address, and valid government ID or similar documents with a photo, while business users must provide their business name, business address, and the full name of an authorized signatory.

Friday, September 16, 2022

GCash users hit 66 million

By Francis Earl Cueto, Manila Bulletin


DIGITAL wallet GCash reached another milestone as it breached the P3-trillion mark in gross transaction value (GTV) in the first half of the year and hit 66 million users.

The value nearly matched its P3.8 trillion full-year GTV in 2021.

GCash expects to end 2022 with P6 trillion GTV.

The company announced that its user base has grown to 66 million, with four out of five adults in the Philippines having a GCash account.

"We've seen higher user engagement now that things have started to normalize, further proof that GCash has become embedded in the everyday lives of Filipinos," Martha Sazon, GCash President and CEO, said in a statement.

GCash also doubled down on its merchant acquisition efforts and partnerships resulting in a merchant and social seller base of 5.2 million, 1.9 times higher than the same quarter of last year.

This makes GCash the largest digital ecosystem in the Philippines.

It also expanded its cash-in and cash-out outlets to 339,000 - 5.7 times higher year on year. In addition, its lifestyle portal GLife has 520 merchants and is introducing new categories such as content, health, insurance and e-government.

With all these developments, GCash said it continues to be the number one finance app in the country.

"It just goes to show that the Filipinos' shift to a more digital lifestyle is not limited to those during lockdowns.We continue to see the adoption increasing, and even the everyday use and use case diversity are growing. I think the adoption is here to stay and we're not seeing it plateauing in the near future," Sazon said.