People will no longer carry wallets with different payment cards and with no more loose change in their pockets. That and more are what Globe and MasterCard‘s visions through the network’s GCash mobile payment service, to provide safe, fast, and secure way of mobile spending and people to store their hard-earned cash. The partnership of Globe GCash and MasterCard also allow the integration of beep card, a reloadable electric payment platform, into its system providing an everyday all-in-one tap, swipe, and shopping experience for those who will avail of GCash beep MasterCard.
For only PhP 150, people can avail the GCash beep MasterCard via online or through any of the 35 selected Globe Stores nationwide and roving caravans. The product includes a personalized card and free prepaid Globe SIM card with PhP 30 GCash load.
Benefits of having GCash beep MasterCard are not just limited to rides at LRT/MRT trains and GCash wallet transactions. Use your GCash beep MasterCard for grocery, shopping, dining, travel, purchase apps, or buy gems for your online games. You can also purchase online shopping, airline, and hotel booking with your GCash beep MasterCard.
“There is a need to leverage the mobile infrastructure to offer payment and financial services. In the Philippines, only 3% or 33 million people have access to credit cards. Majority of the population do not have an easy and efficient way to access mobile or online digital services. Through GCash beep MasterCard, we are one step closer in solving these challenges,” explained Xavier Marzan, President and CEO of G-Xchange, Inc., a wholly-owned subsidiary of Globe Telecom, which operates GCash, during the launch of the modern payment solutions held in Bonifacio Global City last November 16.
“Because it is a MasterCard, this will enable more people now to Tap, Swipe, and Shop. We are thankful to our partner, MasterCard for helping us enable this service to reach more Filipinos today and drive financial inclusion further in the country,” Marzan added.
GCash beep MasterCard is the first value-added card to be beep ready. GCash started selling GCash beep MasterCard since Septemeber 2015 in parallel with the expansion of the tap payment facilities in various LRT/MRT stations. beep is the authorized reloadable electronic payment under the unified LRT/MRT ticket system which started full implementation on October this year. It is operated by AF Payments Incorporated primarily owned by Ayala Corporation and Metro Pacific Investments Corporation.
“About two years ago, we started working with GCash to enable the acceptance of GCash at the 40 million MasterCard merchants globally. We are very excited that GCash can actually enable the transit application, beep, on the MasterCard. I am very hopeful personally that the inclusion of the transit application on the card will help spur the usage of electronic payment by people who are not traditionally been exposed to electronic payments, people who normally uses cash in their everyday lives. Transit can be an anchor application that hopefully will progress towards the everyday usage of cards,” said Poch Villa-Real, Country Head, MasterCard.
During the launch, Villa-Real also mentioned that they are closely working together with Globe in enabling consumer protection through EMP digital encryption.
Since GCash beep MasterCard is powered by GCash, cardholders can also enjoy other features and benefits. As a cardholder with a GCash account, customers may easily buy discounted prepaid Globe/TM phone load, send money to any Globe/TM user for free, receive remittances, pay bills, and even withdraw cash from any automated teller machine (ATM) worldwide. Furthermore, with GCash, customers can also check their GCash balance anytime and monitor all their transactions,
To know more about GCash beep MasterCard, you may visit www.GetGCashMC.com.ph.
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