You can now collect funds via Smart Padala with PayMaya’s Claim Anywhere service
PayMaya added Claim Anywhere service for users to send remittances or collect funds at any of the over 40,000 Smart Padala agents nationwide.
Senders only need the recipient's mobile number to send...
Tonik to start charging PHP 25 fee for select cash-in transactions by July 5
Starting July 5, digital bank platform Tonik announced a fee of PHP25 for top-up or cash-in transactions via debit card, GCash, and 7/11 channels.
Tonik explained that said transactions cost them about...
Lighthouse Canton establishes venture capital, private equity capability
Singapore-based wealth and asset management firm Lighthouse Canton announced establishing a capability to help better serve this growing market. This is in response to address investors' challenges with their portfolios to...
Xendit makes payment simple for individual sellers, entrepreneurs
Fintech solutions Xendit brings a world-class platform for individual business owners in the Philippines to settle payments quickly and securely.
Xendit's platform handles payments for the sellers, allowing entrepreneurs to focus on...
GCash considering cryptocurrency to its services
Globe Telecom's mobile wallet GCash revealed to explore the possibility of adding cryptocurrency to its financial products and services.
GCash president and chief executive officer Martha Sazon said it will include offering,...
‘E-payment Fraud:’ What is it and how to prevent it?
E-commerce has been significantly growing— even more so by the COVID-19 pandemic. Alternatively, however, this also led to an equivalent increase of fraudulent activities worldwide. One of the most notable is...
GCash cash-ins via 7-Eleven to require fee beginning May 17
GCash customers will need to pay a fee when cashing in via 7-Eleven starting May 17.
Previously, customers can deposit money in their GCash accounts via 7-Eleven free of charge. Starting May...
Landbank rolls out DOBS Mobile
Land Bank of the Philippines (Landbank) launched its Digital Onboarding System (DOBS) Mobile for Filipinos quickly open their savings account through the mobile app.
Customers can quickly glance at their ATM savings...
Financial sectors needs to improve threat intelligence — Kaspersky
Kaspersky advised financial sectors to integrate security and improve their threat intelligence capabilities as digital money transactions surge amid the pandemic.
"For the large majority of cybercriminals, easy money is the prime...
CIBI, ADVANCE.AI expands business support, services in PH
Philippines' credit bureau agency, CIBI Information Inc (CIBI), partnered with Singapore-headquartered AI company ADVANCE.AI to expand business intelligence support and services for local businesses through AI and computer vision technology.
CIBI is a privatized agency...
PayLater for Grab’s services with 0% interest
Grab customers can now Grab services first before paying for them without interest through the launch of the PayLater feature.
The feature covers GrabCar, GrabFood, GrabMart, and GrabExpress, where users can pay...
Globe prepaid, postpaid customers can get GInsure plan for free
Globe is now offering GInsure to its customers for free in the first three months to give peace of mind and #ExtraCareAtHome that they need and deserve.
GInsure is GCash's built-in insurance...
BDO, BPI, Unionbank, SM, and 7-Eleven now available cash-in options for GrabPay users
Taking a quick purchase becomes easier for GrabPay users who have bank or e-wallet accounts by linking them through the app.
By partnering with Banco de Oro (BDO), Bank of the Philippine...
PayMaya, The SM Store branches out cashless touchpoints nationwide
PayMaya added The SM Store among its Add Money partnership. This enables PayMaya users to transact and add funds to their accounts in 600 top-up locations nationwide.
It also allows users to...
German blogger behind disinformation against Filipino fintech
A German freelance blogger Klaus Bardenhagen aka Michael Turton, who publishes under the name "Oz" and is reportedly living in Taiwan is now the center of criticisms in the blogging sphere...
PSBank waives InstaPay, PESONet fees until June 30
Philippine Savings Bank (PSBank) announced to extend the free fund transfers for PESONet and InstaPay through the PSBank Mobile App and PSBank Online until June 30, 2021.
PSBank aimed that this new...
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