From our past musings, you might have known by now that we are in fact welcoming the coming-of-age of a cashless-based transaction in our society. This came about more when we first experienced the Octopus card in Hong Kong in one of our previous travel from abroad.
One of the bank that we greatly support is on the verge of making the best things happen through innovations that will benefit a large number of people with their cashless transactions application on mobile phones.
Meanwhile, Globe Telecom recently broke the news of revolutionizing the concept of mobile payment and cashless commerce, through its wholly-owned subsidiary G-Xchange, Inc. (GXI), the operator of GCash, and Globe myBusiness, the trusted business advisor of small and medium businesses (SMB), introduce Globe Charge, an innovative solution that transforms mobile phones into point-of-sale (POS) card terminals that accept debit and credit card payments.
Powered by GXI’s safe and secure platform, Globe Charge harnesses the integration of a smartphone and an innovative mobile card reader into a mobile-POS unit, empowering small and medium businesses (SMBs) with a convenient payment device, eliminating the need for traditional and more expensive card terminals.
That is interesting. For one, point-of-sale (POS) card terminals are physically important when we use our bank cards for shopping and at the same time very useful and convenient when we dine-in on a restaurant. There are few problems though that sometimes upset us when we use the POS transactions. Sometimes, even if our card is valid, because of the POS terminal unit error (either the machine is busted or their network cannot make a connection), our card becomes useless and we have to pay in cash instead of relying to the cashless payment.
We can now say, that with this convenient payment transaction innovated by Globe Telecom, right at this moment got our thumbs up.
So how does it work? We do not know because we haven’t experienced that yet except that by using the Globe Charge mobile card reader and app on a smart phone/tablet, businesses can now accept MasterCard and Visa credit and debit cards for payments.
GXI President Paolo Baltao said that, “Globe once again brings the synergy of mobile technology and cashless commerce into an entirely new dimension with Globe Charge. With just a mobile card reader plugged into a smartphone or tablet, Globe Charge will open up more opportunities for business growth and payment generation for any form of trade which accepts cashless transactions through credit and debit card payments, particularly MasterCard, and very soon, Visa.”
“We envision Globe Charge to spur brisk economic activity, especially among emerging business entities and small and medium business entrepreneurs. Working with our very own technology, this makes for a very promising proposition to realize revenue through card-based transactions with the use of an easy, convenient, and secure platform,” affirmed Baltao. (RELATED: Globe’s Project Wonderful)
Who and where can people avail of this new innovation?
Globe Charge is available through Globe myBusiness sales representatives and at Globe Stores in most SM Malls in Metro Manila, The Globe Tower in Bonifacio Global City, Greenhills, Glorietta, and TriNoma. SMB owners can get the Globe Charge mobile card reader for free at Plan 999, which comes with a Samsung Galaxy Win, surfing-texting-calling combos, plus consumables.
Speaking on behalf of the SMB segment that will directly benefit from the innovative service, Senior Vice President for Globe myBusiness Martha Sazon pointed out that, “Being the only one of its kind in the market, Globe Charge is primed to be a game-changing service for SMBs. It will allow businesses, most specially the startup entrepreneurs, to get started right away and accept local and international MasterCard and soon, Visa credit and debit cards. Merchants will enjoy better rates and deals compared to banks, and will receive the settlement as early as the next business day. They just need to connect via WiFi or mobile data for free using a Globe/TM SIM.”
“Globe Charge will enable SMBs to offer more payment options, which would mean more customers, increased sales and business growth, and on a larger scale, create a wonderful economic environment for the country,” shares Sazon.
Oh, and aside from a smartphone and a mobile card reader, Globe Charge combines the synergy of a downloadable app from the Google Play and soon on the App Store, the business owner’s user account and a GCash wallet to bring this solution to life. Using smartphones or tablets to run Globe Charge, businesses can use WiFi or connect via mobile data for free using a Globe or TM SIM.
To know more about Globe Charge, visit mybusiness.globe.com.ph/globecharge.
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