January 9, 2021

Lark Awards Business Mentorship Program to Pal Maritime Corporation CEO Mark Joseph David

Lark recently announced Mark Joseph David, CEO of Pal Maritime Corporation, as one of the business mentees under its New Normal Business Council and Mentorship Program.


The ship-crewing CEO was one of two mentees selected for Lark's New Normal Business Council and Mentorship Program out of 761 business leaders who participated in the Lark Your Way to Success webinar series.


The ship-crewing company provides seafarers as manpower for vessels belonging to their various partners located in the Isle of Man, Germany, and Bangladesh. Mark is a second-generation partner in the company, which his family acquired in early 2000s. He joined the team in 2007, and at first, his father sent him to work aboard one of the ships so that he could fully understand the business, and be able to relate to the people that they work with. After working his way up, he became President in January 2020.

Ship-crewing is a huge industry in the Philippines, and one that relies heavily on relationship-building and loyalty. The entire industry was hit hard by the Covid-19 pandemic because most of their operations require manual processes, face-to-face interaction, and local and foreign travel. In the case of Pal Maritime Corporation, their movements became limited. The crew could no longer come to the office to sign their contracts, and activities like family day were suspended. Partners from abroad could not come to Manila, and Mark's team was unable to fly out to Europe to meet with them either.

A lot of businesses were lost within the industry in the early months of the pandemic, and Mark says that it seemed hopeless back then. But he believes that it is always possible to find a way to overcome obstacles, when you truly want to. Over time, with the help of the government, the industry has been able to slowly adjust to the new normal. Many processes are now being done online, and Pal Maritime Corporation has started to adapt.


Mark feels that Lark would be a great tool for community-building, enabling his company to forge stronger relationships between their local team, seafarers, and partners abroad. He was quick to see how their team can communicate, hold meetings, and even host seminars on Lark. They could continue doing the same things they did pre-pandemic, but this time in a digital setting.


Mark shares this advice to fellow business leaders who are navigating into the new normal - In order to succeed, your heart needs to be in your business, and your business needs to be in your heart. When faced with struggles, it's easier to fight for something that you love. "I always believe that if you love your business, if you take care of your business, the money will come after," he says. According to Mark, if you enjoy the business you have chosen, you really can't go wrong.

https://drive.google.com/file/d/1j17Jk1Waf9vaCHhZRRT_UAq-nH1A-Vtt/view?usp=sharing)


The New Normal Business Council and Mentorship Program was established by Lark with the intention of providing help and support to Filipino businesses as they transition into a more digital way of working. Three webinar sessions were held as part of this program, and each one featured business and entrepreneurship experts who shared their professional advice and insights on how companies can adapt, evolve, and innovate in order to survive and thrive amidst changes and crises.


 https://drive.google.com/file/d/1tIhlaDEIejBZSMn4El2m1gSjUpDULUkU/view?usp=sharing)

After the webinar series was completed, Lark selected two business leaders from among the registered attendees to receive mentorships under its New Normal Business Council and Mentorship Program. Along with Mark Joseph David of Pal Maritime Corporation, Joyce Yu of True Blends Tea & Coffee was also chosen. As mentees, both these businesses leaders will receive coaching sessions with Lark's resource speakers, training sessions with the Lark team, an additional 100GB Lark cloud storage for one year, and PHP300,000 worth of PR support.

Mentees were shortlisted and selected based on their responses to the registration question, "Why should you and your company be the beneficiary of the mentorship program?" as well as the following criteria:

• The CEO should have attended all three tracks of the series
• The company must have been operating for at least one year
• The company should employ at least 10 workers

To learn more about Lark, visit www.larksuite.com.

Lark is available on Mac, PC, iOS, and Android. Click here to start using Lark today.


About Lark

Lark is the next-generation collaboration suite that enables teams to do their best work together. The suite primarily consists of Lark Mail, Lark Messenger, Lark Docs, Lark Calendar, Lark Meetings as well as Lark Workplace which integrates third-party applications. All functionalities are deeply integrated into a single app, which is available on Mac, PC, iOS, and Android. Serving clients from across the globe, Lark is headquartered in Singapore.  

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January 8, 2021

realme strengthens customer service in 2021, opens 8 dedicated service centers nationwide

realme Philippines capped off 2020 on a high note after a series of successful product launches and campaigns which catapulted it to be the number 1 smartphone brand in the country in just two years. This 2021, realme Philippines fortifies its commitment to providing the best service to Filipino users by establishing eight dedicated realme service centers in key locations across the country.

Each realme service center has a team of experts who are equipped to accommodate customers seeking maintenance support. Services offered by the realme service centers include on-site repair, non-repair services, main-in services, carry-in repairs, and preventive maintenance.

“realme Philippines welcomes the year strong and full of optimism. With many exciting activities and surprises in our pipeline, we want to kickstart our plans for this year with the opening of eight dedicated realme exclusive service centers in key provinces and strategic areas in Metro Manila. We are committed to providing assistance and full end-to-end customer service made more convenient for the realme squad,” shares realme Philippines VP for Marketing Austine Huang.

The realme Squad can have their realme devices checked at SM North EDSA - Quezon City, Milan Prestige Building - Calamba Laguna, Emerald Business Center - Pampanga, Robinsons Place - Imus Cavite, Big Ben Complex - Batangas, Plazuela Dos - Iloilo, Eusebio Arcade - Bacolod, and SM Lanang Premier - Davao. Customers can also check out the full details of the service centers on the realme Support tab on realme’s official website.

Service Center

Address

Contact Details

realme Service Point - Eusebio Arcade Bacolod

GF Door #4 Eusebio Arcade Lacson Street, Bacolod, Negros Occidental

0977 652 4153

realme Service Point - Landco Business Park Capantawan Legazpi

3rd Floor, T&M Chua Building, Landco Business Park, Capantawan, Legazpi, Albay

0977 652 4153

realme Service Center - SM North EDSA Quezon City

AX1 402 4th Floor Cyberzone The Annex SM City North EDSA, Quezon City, Metro Manila

0956 174 0253

realme Service Center - Robinsons Metro East Marikina

3rd Level Unit 123-125, Robinsons Metro East, Marcos Highway, Pasig City, Metro Manila

0977 652 4153

realme Service Center - Calamba Laguna

Unit 204, 2nd floor Milan Prestige Building, Calamba City, Laguna

0977 652 4153

realme Service Center - Emerald Business Center Pampanga

3rd Floor Emerald Business Center, Mac Arthur Highway, Dolores, City of San Fernando, Pampanga

0977 652 4153

realme Service Center - Plazuela Dos Iloilo

Unit 29 & 30A Ground Floor Plazuela Dos, Iloilo City, Iloilo

0906 307 7943

realme Service Point - Assada Center Dagupan

3rd Floor Assada Center, A.B. Fernandez Avenue, Dagupan, Pangasinan

0977 652 4153

realme Service Center - Robinsons Place Imus Cavite

3rd Level Unit 13-14 Robinsons Place Imus, E. Aguinaldo Highway, Imus Cavite

0977 652 4153

realme Service Point - RVMS Building Santiago

RVMS Building, Maharlika Highway corner Baptista Village, Villasis, Santiago, ISabela

0977 652 4153

realme Service Point - Big Ben Complex Batangas

Unit 19h, 2nd Floor Big Ben Complex, Lipa, Batangas

0977 652 4153

realme Service Center - Davao City,

Davao del Sur

C3-134-135 3rd Floor, SM Lanang Premier, J.P. Laurel Ave, Agdao, Davao City, 8000 Davao del Sur

0956 170 5222

 

For more information on realme Philippines’ after-sale services, customers are encouraged to follow the brand’s official Facebook and Instagram accounts, or visit realme Philippines’ official website https://www.realme.com/ph/.

 

 

NRC, City of Manila, BPI Foundation, ICTSI Foundation join hands for the Adopt-A-City campaign

The National Resilient Council (NRC) signed a memorandum of agreement (MOA) with the City Government of Manila, BPI Foundation, and the ICTSI Foundation as part of NRCs Adopt-A-City campaign last December 18, via Zoom.



The National Resilience Council (NRC) signs a memorandum of agreement with the City of Manila, BPI Foundation, and the ICTSI Foundation as part of NRCs Adopt-A-City campaign. Through this multi-stakeholder partnership, the Adopt-A-City program aims to strengthen the leadership and governance capacities of its partner cities to achieve human, economic, infrastructure, and environmental resilience through a more robust private sector participation.  Program MOA signatories Amb. Roberto Romulo of CPRF, Ms. Antonia Yulo Loyzaga of NRC, Manila City Mayor Francisco Domagoso, Mr. Cezar Consing of BPI Foundation, and Ms. Filipina Laurena, Deputy Executive Director representing ICTSI Foundation President, Mr. Christian R. Gonzalez were joined by NRC Board Members Mr. Hans Sy, Sec. Delfin Lorenzana, Mr. Edgar Chua, Usec. Nestor Quinsay Jr., Fr. Jose Ramon Villarin S.J., and Prof. Ernesto Garilao, for a photo during the signing ceremony.


Launched in 2019, the Adopt-A-City Program is a city-specific partnership model responding to the Philippinescommitments under the Sendai Framework for Disaster Risk Reduction, the advancement of the Sustainable Development Goals, the agreements on Climate and the New Urban Agenda. NRC matches partnersresources to the strategic needs of the LGU undergoing the Resilient LGU Program, NRCs 3-year program integrating Science and Technology and Leadership and Governance.

Present during the MOA signing were NRC Convenor Ambassador Roberto Romulo, Chairman, Carlos P. Romulo Foundation; NRC Co-Chair for the Private Sector Mr. Hans Sy, Chairman of the Executive Committee, SM Prime; NRC Co-Chair for Government Sec. Delfin Lorenzana, Secretary, Department of National Defence; NRC President Ma. Antonia Yulo Loyzaga; Mayor Francisco Isko Moreno” Domagoso, City of Manila; Mr. Cezar Consing, Vice Chairman and President, BPI Foundation; Ms. Filipina Laurena, Deputy Executive Director, ICTSI Foundation; and the members of the NRC board.

By signing the agreement, the private sector can directly invest in Manilas disaster risk reduction and long-term resilience efforts. The multi-stakeholder partnership also strengthens private sector collaboration with local governments, academic partners, and communities in co-creating science and technology-based solutions and capacity building for evidence-informed risk governance.

SM Prime Chairman of the Executive Committee and NRC Co-Chair, Mr. Hans Sy thanked the BPI Foundation and the ICTSI Foundation for joining NRC in this endeavor and vowed to engage and collaborate with them on the ARISE PhilippinesDRR objectives to complement the NRC LGU program.

2020 has been a challenging year for all of us. In truth, this year may go down in Philippine history as infamous for its unique combination of natural and biological hazards. These natural and biological hazards have greatly affected the country. The level of risk we all faced underscored the urgent need for encompassing disaster resilience. I am most proud of the Adopt-A-City program that started with four members — CDO, Iloilo, Naga, and Iriga — through which our vision and mission continue to inspire progress. While the government has a primary role in protecting all of us and developing national and local strategies for disaster risk reduction, our offer for this distinctive program, I am sure will be greatly appreciated,” Mr. Sy noted.

From the private sectors end, Mr. Cezar Consing of the BPI Foundation said that they are very pleased to partner with the National Resilience Council and the Carlos P. Romulo Foundation for Peace and Development to help transform the City of Manila into a resilient and sustainable city through the Adopt-A-City program. The opportunity to help transform the city of Manila in an intensive, holistic three-year program for the benefit of Manilenos and all Filipinos is one we value very much.”

Meanwhile, Ms. Filipina Laurena, Deputy Executive Director of the ICTSI Foundation, noted the relevance and timeliness of the Adopt-A-City initiative of NRC as the country faced a series of calamities, both natural and man-made. We commit our cooperation participation in the Adopt-A-City initiative of NRC. This program will help enable the local communities to prevent prepare for and quickly recover from the effects of disasters coming in the city. Thank you for giving us the opportunity to be part of this partnership and be part of the collective effort to contribute to addressing the Disaster Reduction and Resiliency in the city of Manila,” she added.

For Manila Mayor Isko Moreno, the MOA signing is a momentous event for the City of Manila. Timing na timing ito sapagkat mas matutunan naming nasa pamahalaan, mas maga-guide kami, at mas paktuwal kaming aakto dahil sa partisipasyon ng private sector. While it is true that there is still a challenge ahead of us, we will continue to be efficient. So rest assured na hindi mapapariwara ang inyong mga itutulong sa lungsod-- panahon, kagalingan--  all resources, we will make sure to utilize it efficiently and we will cooperate. Its a long process but what matters most is that every day we achieve something and we maintain what we have achieved to be consistent with our effort,” he furthered.

[This is very timely as the participation of the private sector will teach, guide, and help us in the government sector on how to factually respond.  While it is true that there is still a challenge ahead of us, we will continue to be efficient. So rest assured that all the resources-- time, skills-- youve invested in us will not be put to waste. We will make sure to utilize it efficiently and we will cooperate. Its a long process but what matters most is that every day we achieve something and we maintain what we have achieved to be consistent with our effort,” he furthered.]

The NRC is a science and technology-based public-private partnership that seeks to support a culture of disaster risk resilience and prevention in the Philippines. The alliance addresses the countrys complex and dynamic nature of risk by bridging critical gaps between science, policy, and practice through its various programs designed to advance its agenda of building a resilient society.

 

For more information on the NRCs program, go to https://resiliencecouncil.ph/our-work/

 

 

About the National Resilience Council

The National Resilience Council (NRC) is a science and technology-based public-private partnership organized in 2017. It is the result of the convergence between the efforts of Ambassador Roberto Romulo of the Carlos P. Romulo Foundation and the advocacy of Mr. Hans Sy of SM Prime, who is a member of the global board of ARISE, the private sector initiative of the United Nations Office for Disaster Risk Reduction (UNDRR). It was established with initial support from the San Miguel Corporation Foundation, the Zuellig Family Foundation, the Manila Observatory, in cooperation with Price Waterhouse Coopers Philippines and the NDRRMC-OCD.

NRC is co-chaired by Mr. Hans Sy and Sec. Delfin Lorenzana. It has four vice-chairs: Mr. Ed Chua of the Makati Business Club for the private sector, Usec. Nestor Quinsay of the DILG for government, Fr. Jett Villarin SJ of the Ateneo for the academe, and, Prof. Ernie Garilao of the Zuellig Family Foundation representing the CSO community. It is led by its president, Antonia Yulo Loyzaga, and its Executive Director, Malu G. Erni.

It works with 13 National Government Agencies, including NEDA, DOF, DOST, DPWH, DILG, and DENR. Its other partners include 11 private sector entities and professional organizations, 5 civil society organizations, and 10 academic and research partners.

NRC has 9 partner LGUs: Bataan Province, and the cities of Cagayan de Oro, Iloilo, Iriga, Manila, Muntinlupa, Naga, Ormoc, and Zamboanga City.

Flint Helps Brgy. Biluso Become More Self-Sufficient: Real estate crowdfunding platform builds a solar-powered water system in Brgy. Biluso

Flint, the first, tech-enabled, low-cost real estate crowdfunding platform in the Philippines, recently built a solar-powered water system in Brgy. Biluso. The district, located in Silang, Cavite, has been known to have problems with water availability, with some residents not having daily and consistent access to clean, potable water.


This issue was made even more apparent during the recent battering of the super typhoons which damaged pipes and flooded many areas. And while the immediate effects of the typhoons have been resolved, residents of the area worry that they are under the ever-present threat of having their lives spun around yet again by another series of storms.

Flint addresses this challenge with its latest corporate social responsibility (CSR) program that aims to help small government units with various infrastructure projects. The goal is to use non-traditional methods to support sustainable ways of developments and provide solutions to existing problems. To help realize this goal, Flint has also partnered with various companies such as Vi Group and KMVAsia, with the latter placing a strong emphasis on green architecture.

Crafting sustainable solutions

It wasn’t enough for Flint to just “fix” a problem – they wanted to ensure that Brgy. Biluso would be able to maintain its own independence, even long after the end of the project. It was also important for Flint to use strategies that would still be viable for decades. This is why they chose to built a water system that was powered by solar panels.

Solar panels have been growing in popularity in the recent years, as it is both energy-efficient and environment-friendly. As the name suggests, the panels absorb heat from the sun which is then used as a source of energy. Unlike traditional coal, solar panels do not produce harmful environmental by-products and can be used indefinitely. With Brgy. Biluso now being powered with solar panels, Flint hopes that the community will be able to have clean water all year-long.

The importance of strong infrastructure

Needless to say, where we live is important. This goes beyond the fancy interiors or the decorative designs. Each person needs to have a home that is strong enough to withstand the elements. Still, many Filipinos do not have homes of their own, due to either poor financial planning or remaining unaware of avenues that offer affordable real estate. Flint is first and only crowdfunding platform specifically for those who want to invest in Philippine real estate. Unlike other crowdfunding apps, Flint only shows real estate projects, which have been consistently studied to be low-risk investments when managed properly.

The biggest Back-to-School promo from Samsung: Get up to P5,000 off on select Galaxy Tabs

With the rise of the new normal, a key factor in the success of online learning is having the right device. A gadget with suitable specs paired with a stable internet connection can make online classes easier for students to learn in the new normal. For parents worrying about their children’s education this New Year, they can rely on Samsung to welcome the year with a show of gratitude for the year that was 2020.

To start the New Year, Samsung aims to make online learning even more accessible, comfortable, and fun with the biggest Back-to-School promotions[1] of the Galaxy Tabs where students can get up to P5,000 discount from January 5 to 31, 2021. This serves as Samsung’s big thank you for continuing to support the brand in spite of the hurdles and challenges that 2020 brought to everyone. The Galaxy Tab S7|S7+, Galaxy Tab S6 Lite, Galaxy Tab A with S Pen and Galaxy Tab A 8.0 are now all available on special discount for a limited time only. These tablets come with easy-to-use-features perfect for digital learning and those students in need of updated, powerful devices.

 

Giving students the power to study and play with the Galaxy Tab S7 Series

Those looking for a device that can seamlessly manage the mix of work and play will be sure to enjoy the array of cutting edge features such as a new and improved S Pen with ultra-low latency. This is best paired with the device’s 120Hz display refresh rate for the ultimate experience, be it in writing or drawing. The device also has the improved Samsung Notes app that allows users to easily create, edit, and share their ideas across their tablet, phone, or Windows 10 PC. Just like the Galaxy Note20, the device is also capable of turning messy handwriting into legible penmanship. Further expanding what one can do for productivity and entertainment, the device’s Samsung DeX feature provides a wireless means to produce a second screen through a monitor or TV.

Whether it’s note-taking for classes, drawing, watching videos, or playing the most intense games, the Tab S7 series provides an immersive and enjoyable experience through its large display with up to 120Hz refresh rate and quad speakers tuned by AKG and sound by Dolby Atmos. The Galaxy Tab S7 comes with an 11-inch LTPS Display, while the Galaxy Tab S7+ comes with a 12.4-inch Super AMOLED display.

For capturing high-quality photos and videos, both the Galaxy Tab S7 and S7+ come with a 13MP Main and 5MP Ultra Wide camera with flash as well as an 8MP front camera. With the Book Cover Keyboard, now improved with a larger touchpad and intuitive function keys, users are in for a PC-like experience with a single tap. With the Back-to-School promo, Samsung is offering the Galaxy Tab S7+ at Php 5,000 off and is now only Php 58,990 while the Galaxy Tab S7 with Php 4,000 off is now just Php 43,990.[2]


Ensure learning without interruptions with the Galaxy Tab S6 Lite                          

The Galaxy Tab S6 Lite also makes for a great online learning companion as it features an immersive 10.4” WUXGA+ display and breathtaking audio with its dual speakers with sound by AKG and Dolby Atmos 3D. These features enable learners to watch and listen to their online classes and virtual workshops without interruptions, as well as tune in to the content they love in high-quality—whether it be for learning a new skill or binge-watching a new show during downtime.

The tablet comes with a precise, ergonomic S Pen which makes drawing and jotting down notes easier than ever. Parents can use this feature to encourage creativity among children through visuals—may it be in the form of painting or other types of artworks. They can also use it for personal learning, such as listing down new recipes, experimenting on digital artworks, and creating digital bullet journals. What’s more interesting is that users can turn their scribbles into digital text via the Text Conversion feature on the Samsung Notes app.

The S Pen is also magnetically attached to the tablet and its accompanying book cover so users don’t have to worry about misplacing it.

The tablet also comes with various apps that can be valuable for learning--may it be through educational and inspirational videos, shows, or podcasts. The Samsung Galaxy Tab S6 Lite offers access to various educational apps and content via Youtube, Spotify, Netflix and so on. Whether it’s for watching children shows, discovering a new life-changing hack, or listening to motivational podcasts, the tablet is equipped with apps and content for various learning needs.

Furthermore, it has the Samsung Kids feature which helps set parents' minds at ease as it safely introduces children to the digital world through a range of exciting, colorful, family-friendly learning apps and games. Through the app, parents can also control the amount of time that children spend on the tablet.


During the Back-to-School promo, the Galaxy Tab S6 Lite is available at only Php 23,990, previously Php 26,990. [3]

 

Beginner friendly e-learning for students

For those looking to provide a tablet that’s easy to use for beginners and has the S Pen, Samsung offers the Galaxy Tab A with S Pen. The Galaxy Tab A with S Pen comes with a display measuring at 8 inches, just right for young children experiencing e-learning at home. This Tab is powered by an octa-core chipset and comes with 3GB of RAM, 32GB of storage, expandable up to 512GB. Other features include 2D Face recognition, Dolby Atmos audio, a 4,200mAh battery capacity, and runs on Android 10 Q. This device is a perfect companion to those who consume a lot of content like browsing on social media and watching videos on Netflix and YouTube. Those who want to encourage the motor skills of their children will find the S Pen to be very useful and will serve as the super-convenient tool for all drawing and writing needs.

With the new Back-to-School promo, parents can now buy their children the Samsung Galaxy Tab A with S Pen at PHP 12,490 (previously at Php 13,990). [4]                                   

Affordable e-learning for young students

Given the new year and new normal, many families may be looking for good bargains to replace their current devices. Parents need not look further than the more affordable option of Samsung with the Galaxy Tab A 8.0. This portable tablet packs a punch with its premium metallic design and brilliant basic performance perfect for young children beginning their e-learning journey. This Tab has an 8 inch screen, a 5,100 mAh long-lasting battery, 8MP high resolution back camera and 2MP front camera. With its powerful Quad-core processor and Snapdragon 429 chipset, parents don’t have to worry about any lag during class time. In addition to all these excellent basic features, the Tab comes with the pre-installed Samsung Kids app and various other pre—installed content all available through secure mode.

 

The Galaxy Tab A 8.0 is now available at only Php 6,990[5] with the new Back-to-School promo of Samsung.

 

Know more about the Samsung Galaxy Tabs Back-to-School promo[6] at samsung.com/ph.



[1] DTI Fair Trade Permit No. FTEB- 111342 Series of 2020

[2] DTI Fair Trade Permit No. FTEB- 111342 Series of 2020

[3] DTI Fair Trade Permit No. FTEB- 111342 Series of 2020

[4] DTI Fair Trade Permit No. FTEB- 111342 Series of 2020

[5] DTI Fair Trade Permit No. FTEB- 111342 Series of 2020

[6] DTI Fair Trade Permit No. FTEB- 111342 Series of 2020

January 7, 2021

GCash in 2020 Catalyzing growth of the new digital economy

2020 has been a year full of challenges, with the world still reeling from the effects of the COVID-19 economically. In the Philippines, consumers have adjusted to the new normal by adopting, among others, fintech services to make their financial lifestyles more convenient and themselves safe against the pandemic.

Dedicated in its commitment in democratizing payments, GCash, the undisputed leader and preferred mobile wallet in the Philippines, shares how Filipinos have embraced digital finance through a snapshot of its performance this year.

Over PHP 1 trillion in transactions have passed through the GCash app during 2020, peaking at a PHP 7.5 billion daily gross transaction value, and with more than 6 million transactions in a day. The mobile wallet company also grew its users to 33 million, a 65% growth versus last year.

GCash Forest, the mobile wallet’s multi-awarded, gamified solution in reducing the nation’s carbon footprint, has now over 6.7 million users actively collecting carbon points, which in turn can secure the users an actual tree to be planted in select forest sheds in the country. 

“GCash has played an integral role in keeping not only the economy going this year, but keeping Filipinos safe and sane during the pandemic. We’ve seen not only heads of households and young adults use the GCash app for their financial lifestyle, but even consumers that advocate a greener Philippines, in maximizing what our platform has to offer,” said Martha Sazon, President and CEO of GCash.

GCash is also revolutionizing the way Filipinos handle their money. As of November 2020, 3 million GSave accounts have been opened, demonstrating how banking behavior is shifting from traditional physical branch visits, to simply transferring to a digital savings account. Lending is another example: Over PHP 8 billion have been extended to more than 900,000 Filipinos in need of funds through the app’s GCredit service, disrupting existing processes for loans in the country. 

As a force for good, GCash users have donated more than PHP 40 million in 2020 alone as relief to those who have been affected by COVID-19 and the typhoons near the end of the year through the mobile wallet’s CSR initiative GCash for Good. Gone are the days where donations are only done through banks, with donors scanning deposit slips as proof of transactions. Once again, behavior has shifted from traditional to digital. 

Shopping is another use case consumers have applied GCash to: this year alone, Filipinos spent over PHP 16 billion on popular online shopping sites such as Lazada and Shopee. Meanwhile, more than 600,000 merchants and social online sellers opened up shop during the pandemic with GCash as the primary mode of payment.

“Aside from regular financial transactions such as money transfer and bills payments, we’ve noticed shifting behaviors on how money and digital money is being used, namely on entertainment, savings, donations, and online shopping,” added Sazon, crediting the mobile wallet’s quick pivot on user needs to further expand financial inclusion in the country through digital transformation.

GCash is so pervasive in society that it’s becoming a verb: A Filipino on average mentions the word “GCash” on social media every second of every day in the country, not yet including other communication media such as personal conversations, texts, and emails. Memes have also popped up this holiday season, asking ninongs and ninangs to just send their aguinaldos using GCash.

The outlook of fintech indeed is bright in the country, especially now that the new normal is here. This year, the Bangko Sentral ng Pilipinas announced their Digital Transformation Roadmap, where the agency aims to shift at least 50 percent of retail payment transactions to digital, and to have at least 70 percent of Filipinos have their own e-wallet by 2023. GCash fully supports this endeavor, and is confident that it will be able to accelerate meeting this goal, as 1 in 3 Filipinos already have a GCash account. 

Globe Fintech Innovations Inc. (Mynt), which operates GCash, is part of the portfolio companies of 917Ventures, the largest corporate incubator in the Philippines wholly-owned by Globe Telecom Inc.

GCash is available for download on the App Store and Google Play. 

For more information, kindly visit https://www.gcash.com/.

 

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