• Home
Tech News, Magazine & Review WordPress Theme 2017
  • Home
    CE 1C Digital Literacy Training

    CE 1C Digital Literacy Training

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    What Role Does Technology Play in Education? Advantages, Disadvantages, and the Impact on Students

    What Role Does Technology Play in Education? Advantages, Disadvantages, and the Impact on Students

    When Artificial Intelligence (AI) Enters the World of Business

    When Artificial Intelligence (AI) Enters the World of Business

    VIRTUAL REALITY: A Glimpse into the Past and Beyond

    VIRTUAL REALITY: A Glimpse into the Past and Beyond

    USEFULL WEBSITES EVERY STUDENT SHOULD KNOW

    USEFULL WEBSITES EVERY STUDENT SHOULD KNOW

    Google Classroom: A Pandemic Game Changer

    Google Classroom: A Pandemic Game Changer

    Education Technology and How it Transformed Education Amidst the Pandemic

    Education Technology and How it Transformed Education Amidst the Pandemic

    It’s All About NEO LMS: Simpler, Efficient, and Your Friend at Service

    It’s All About NEO LMS: Simpler, Efficient, and Your Friend at Service

  • Business
    Gaming is Booming:Earning Money through Streaming

    Gaming is Booming:
    Earning Money through Streaming

    YOU’LL BE SORRY IF YOU DON’T GET YOUR HANDS ON THE LATEST APPLE RELEASE: IPHONE 14

    YOU’LL BE SORRY IF YOU DON’T GET YOUR HANDS ON THE LATEST APPLE RELEASE: IPHONE 14

    KIDS & TECH

    KIDS & TECH

    Why Rich People Buy NFTs

    Why Rich People Buy NFTs

    An Amateur’s Review On The Huion NEW 1060PLUS Pen Tablet

    An Amateur’s Review On The Huion NEW 1060PLUS Pen Tablet

    Mobile learning in medicine:

    Mobile learning in medicine:

  • Gaming
    MOBILE GAMING: HOW THE MOBILE GAMING DOMINATES THE MOBA

    MOBILE GAMING: HOW THE MOBILE GAMING DOMINATES THE MOBA

    The Best NBA 2K of All Time!

    The Best NBA 2K of All Time!

    Assassin’s Creed: Ranking The Main Protagonists

    Assassin’s Creed: Ranking The Main Protagonists

    Gaming is Booming:Earning Money through Streaming

    Gaming is Booming:
    Earning Money through Streaming

    Top 5 Biggest Tournament Prize Pools:

    Top 5 Biggest Tournament Prize Pools: Rise of E-Sports Community

    League of Legend 101

  • Edtech
    • All
    • Audio
    • Camera
    • Laptop
    • Smartphone
    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Gaming is Booming:Earning Money through Streaming

    Gaming is Booming:
    Earning Money through Streaming

    GENSHIN IMPACT: Enter a Gigantic Magical World of Adventure

    GENSHIN IMPACT: Enter a Gigantic Magical World of Adventure

    VIRTUAL REALITY: How it Changed the Gaming Industry

    VIRTUAL REALITY: How it Changed the Gaming Industry

    Arena of Valor cover

    The complete Arena of Valor beginner’s guide

    YOU’LL BE SORRY IF YOU DON’T GET YOUR HANDS ON THE LATEST APPLE RELEASE: IPHONE 14

    YOU’LL BE SORRY IF YOU DON’T GET YOUR HANDS ON THE LATEST APPLE RELEASE: IPHONE 14

    Trending Tags

    • Best iPhone 7 deals
    • Apple Watch 2
    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • iOS 10
    • iPhone 7
    • Sillicon Valley
  • Computers
    CE 1C Digital Literacy Training

    CE 1C Digital Literacy Training

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    BE SMART ONLINE,

    Gaming is Booming:Earning Money through Streaming

    Gaming is Booming:
    Earning Money through Streaming

    When Artificial Intelligence (AI) Enters the World of Business

    When Artificial Intelligence (AI) Enters the World of Business

    League of Legend 101

  • Applications
    CE 1C Digital Literacy Training

    CE 1C Digital Literacy Training

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Gaming is Booming:Earning Money through Streaming

    Gaming is Booming:
    Earning Money through Streaming

    When Artificial Intelligence (AI) Enters the World of Business

    When Artificial Intelligence (AI) Enters the World of Business

    Gaming Spot: Into the World of Fun

    Gaming Spot: Into the World of Fun

    Elon Musk Completes the $44 Billion Deal and Takes over Twitter

  • Health
    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Google is deploying a rapid Air Raid Alerts System for all Android phones in Ukraine.

    Google is deploying a rapid Air Raid Alerts System for all Android phones in Ukraine.

    APAC region continuously emerges on 5G race

    APAC region continuously emerges on 5G race

    Is PH ready to leave the traditional mode of payment?

    Is PH ready to leave the traditional mode of payment?

    Digital Transformation in Asia Pacific: A Discourse on Embracing the Changes Brought About by New Technologies

    EM&AI Uses Artificial Intelligence To Revamp Customer Service

    TRACKING PROTECTION DEMYSTIFIED

    TRACKING PROTECTION DEMYSTIFIED

No Result
View All Result
  • Home
    CE 1C Digital Literacy Training

    CE 1C Digital Literacy Training

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    What Role Does Technology Play in Education? Advantages, Disadvantages, and the Impact on Students

    What Role Does Technology Play in Education? Advantages, Disadvantages, and the Impact on Students

    When Artificial Intelligence (AI) Enters the World of Business

    When Artificial Intelligence (AI) Enters the World of Business

    VIRTUAL REALITY: A Glimpse into the Past and Beyond

    VIRTUAL REALITY: A Glimpse into the Past and Beyond

    USEFULL WEBSITES EVERY STUDENT SHOULD KNOW

    USEFULL WEBSITES EVERY STUDENT SHOULD KNOW

    Google Classroom: A Pandemic Game Changer

    Google Classroom: A Pandemic Game Changer

    Education Technology and How it Transformed Education Amidst the Pandemic

    Education Technology and How it Transformed Education Amidst the Pandemic

    It’s All About NEO LMS: Simpler, Efficient, and Your Friend at Service

    It’s All About NEO LMS: Simpler, Efficient, and Your Friend at Service

  • Business
    Gaming is Booming:Earning Money through Streaming

    Gaming is Booming:
    Earning Money through Streaming

    YOU’LL BE SORRY IF YOU DON’T GET YOUR HANDS ON THE LATEST APPLE RELEASE: IPHONE 14

    YOU’LL BE SORRY IF YOU DON’T GET YOUR HANDS ON THE LATEST APPLE RELEASE: IPHONE 14

    KIDS & TECH

    KIDS & TECH

    Why Rich People Buy NFTs

    Why Rich People Buy NFTs

    An Amateur’s Review On The Huion NEW 1060PLUS Pen Tablet

    An Amateur’s Review On The Huion NEW 1060PLUS Pen Tablet

    Mobile learning in medicine:

    Mobile learning in medicine:

  • Gaming
    MOBILE GAMING: HOW THE MOBILE GAMING DOMINATES THE MOBA

    MOBILE GAMING: HOW THE MOBILE GAMING DOMINATES THE MOBA

    The Best NBA 2K of All Time!

    The Best NBA 2K of All Time!

    Assassin’s Creed: Ranking The Main Protagonists

    Assassin’s Creed: Ranking The Main Protagonists

    Gaming is Booming:Earning Money through Streaming

    Gaming is Booming:
    Earning Money through Streaming

    Top 5 Biggest Tournament Prize Pools:

    Top 5 Biggest Tournament Prize Pools: Rise of E-Sports Community

    League of Legend 101

  • Edtech
    • All
    • Audio
    • Camera
    • Laptop
    • Smartphone
    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Gaming is Booming:Earning Money through Streaming

    Gaming is Booming:
    Earning Money through Streaming

    GENSHIN IMPACT: Enter a Gigantic Magical World of Adventure

    GENSHIN IMPACT: Enter a Gigantic Magical World of Adventure

    VIRTUAL REALITY: How it Changed the Gaming Industry

    VIRTUAL REALITY: How it Changed the Gaming Industry

    Arena of Valor cover

    The complete Arena of Valor beginner’s guide

    YOU’LL BE SORRY IF YOU DON’T GET YOUR HANDS ON THE LATEST APPLE RELEASE: IPHONE 14

    YOU’LL BE SORRY IF YOU DON’T GET YOUR HANDS ON THE LATEST APPLE RELEASE: IPHONE 14

    Trending Tags

    • Best iPhone 7 deals
    • Apple Watch 2
    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • iOS 10
    • iPhone 7
    • Sillicon Valley
  • Computers
    CE 1C Digital Literacy Training

    CE 1C Digital Literacy Training

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    BE SMART ONLINE,

    Gaming is Booming:Earning Money through Streaming

    Gaming is Booming:
    Earning Money through Streaming

    When Artificial Intelligence (AI) Enters the World of Business

    When Artificial Intelligence (AI) Enters the World of Business

    League of Legend 101

  • Applications
    CE 1C Digital Literacy Training

    CE 1C Digital Literacy Training

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Gaming is Booming:Earning Money through Streaming

    Gaming is Booming:
    Earning Money through Streaming

    When Artificial Intelligence (AI) Enters the World of Business

    When Artificial Intelligence (AI) Enters the World of Business

    Gaming Spot: Into the World of Fun

    Gaming Spot: Into the World of Fun

    Elon Musk Completes the $44 Billion Deal and Takes over Twitter

  • Health
    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Google is deploying a rapid Air Raid Alerts System for all Android phones in Ukraine.

    Google is deploying a rapid Air Raid Alerts System for all Android phones in Ukraine.

    APAC region continuously emerges on 5G race

    APAC region continuously emerges on 5G race

    Is PH ready to leave the traditional mode of payment?

    Is PH ready to leave the traditional mode of payment?

    Digital Transformation in Asia Pacific: A Discourse on Embracing the Changes Brought About by New Technologies

    EM&AI Uses Artificial Intelligence To Revamp Customer Service

    TRACKING PROTECTION DEMYSTIFIED

    TRACKING PROTECTION DEMYSTIFIED

No Result
View All Result
cetechnews
No Result
View All Result

Digital payment grows in Philippines amid COVID-19 fears.

Mary Jeanne EULATIC by Mary Jeanne EULATIC
April 12, 2022
193
Home Business
Share on FacebookShare on Twitter

The COVID-19 pandemic has turned consumers to digital payments in the Philippines.

MANILA — Digital payments  are increasingly gaining currency in the Philippines as consumers avoid physical contact due to fears of acquiring the coronavirus, which is thought to reduce the spread of germs that could otherwise be passed on in the use of bills and coins.

The number of registered users at Globe Telecom’s GCash, the country’s largest supplier of mobile money services, increased by 150 percent in the month from mid-March. GCash and its primary competitor, PLDT’s PayMaya, are launching strong marketing campaigns to position themselves to profit from the post-COVID-19 era’s “new normal.”

The Philippines has been falling behind its neighbors in terms of digital payment use, but now it is rapidly catching up.

“Financial technology should be considered the backbone of digital services in a world where digital is the new normal,” Pebbles Sy, chief technology and operations officer of Globe Fintech Innovations, or Mynt, which manages the GCash service, said in mid-May.

He told local media that “apart from the convenience, it is also less risky than cash handling, more efficient than physical payments, and extremely transparent.”

 

 

According to GCash, the total amount of payments made on its platform in May was eight times higher than a year earlier. With 20 million registered users, GCash is the Philippines’ largest mobile wallet. The service is available at 63,000 stores, the majority of which are tenants of commercial complexes owned by Ayala Corp., which also owns Globe Telecom.

Both GCash and PayMaya are focusing on areas where demand for digital currency is expected to grow fast. GCash, with support from the government, will help equip taxis with scan-to-pay systems using QR codes. Users will pay by scanning QR codes displayed on fare meters with their smartphones.

 PayMaya Philippines, the digital payment service’s operator, has also partnered with Makati Medical Center in Makati, Metro Manila, to accept payments for telemedicine services. Patients can use a videoconferencing app to “see” their doctors in their homes through the teleconsultation service. QR codes can be used to pay for these appointments.

“By enabling their teleconsultation with digital payments, we help them reduce the risk of acquiring or spreading the virus among doctors and patients while also enabling them to continue providing much-needed healthcare services despite the public health situation,” PayMaya President Shailesh Baldwin said.

For now, rail, bus and taxi companies still mostly accept cash payment only. Grab, the region’s leading ride-hailing app, accepts credit card payment, but many users still pay in cash.  

By the end of the year, the government hopes to make the new National QR Code Standard, in collaboration with public and private-sector banks, commercially accessible.

Source: Jeanne C. Ba-acio
Via: Mary Jeanne C. eulatic
Tags: Business
Mary Jeanne EULATIC

Mary Jeanne EULATIC

Next Post
FREE FIRE

FREE FIRE

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

In Asia’s healthcare industry, technological advances

In Asia’s healthcare industry, technological advances

March 31, 2022

Philippines: Best Top Entertainment Android apps

March 30, 2022

Trending.

REMOTE PATIENT MONITORING PLAYS BIG IN THE FIELD OF HEALTH     SERVICES

REMOTE PATIENT MONITORING PLAYS BIG IN THE FIELD OF HEALTH SERVICES

Phones at a Reasonable Price in the Philippines in the Year 2022

Phones at a Reasonable Price in the Philippines in the Year 2022

April 2, 2022
It’s All About NEO LMS: Simpler, Efficient, and Your Friend at Service

It’s All About NEO LMS: Simpler, Efficient, and Your Friend at Service

November 24, 2022

The Impact and Role of Technology on Healthcare

October 24, 2022
CE 1C Digital Literacy Training

CE 1C Digital Literacy Training

December 26, 2022
cetechnews

We bring you the latest Tech News focuses on analyzing the latest research, discussing and exploring digital science, Technology, and culture.

Follow Us

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2022 CETECHNews - Latest TECH Blog @cetechnews.

No Result
View All Result
  • Home

© 2022 CETECHNews - Latest TECH Blog @cetechnews.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?