Need funds? GCash introduces easy and accessible way to borrow money for different needs

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GCash’s suite of lending products GGives, GLoan, and GCredit aims to provide Filipinos with easy and flexible borrowing terms

Almost 5 out of 10 Filipinos have outstanding loans, according to the Bangko Sentral ng Pilipinas’ (BSP) latest Financial Inclusion Survey in 2021. Of this number, day-to-day expenses, emergencies, and fulfilling financial or life goals are the top three reasons why Filipino adults borrow.

However, only two out of ten Filipinos have access to formal financial services offered by banks and government institutions like the Social Security System (SSS) and Pag-IBIG, with some resorting to borrowing from individuals or lending companies with unfairly high interest rates.

Moreover, BSP notes that 25% of Filipino adults were forced to use up their savings during the pandemic, which means that on top of having to deal with everyday finances, they may not have enough cash to cover emergency expenses.

In line with its goal of making affordable loans accessible to more Filipinos, e-wallet app, GCash introduces new ways for Filipinos to conveniently manage their finances. On top of using the GCash app to pay bills, send money, buy load or pay for online and in-store purchases, users can now easily borrow money in the form of GLoan, GGives, and GCredit.

“We at GCash are working hard to give every Filipino access to fair loans not just to help them meet their basic needs but also empower them to achieve their life goals,” said Zo Canaria, FUSE Lending Growth Marketing Head. “Through GCash’s in-app innovations, we hope to give Filipinos an easy way to fund the lifestyle they deserve and fulfill long-standing goals they were previously unable to achieve due to financial challenges.”

GLoan: Fast-cash loan offering

GLoan, the loan product of GCash, offers instant cash up to P125,000 straight to eligible users’ GCash wallets, which can be used for starting or expanding a business, cover emergency expenses, celebrate special occasions or even to pay for different necessities. Through GLoan, eligible users can borrow from P1,000 to P125,000 as good as cash, with an interest rate of as low as 1.59%.

To borrow, users simply submit their loan application within the app with no additional documents needed and wait for the loan to be reflected straight to their GCash wallet within 24 hours. The loan can then be paid for as low as P265 a month for 5-24 months.

GGives: Light and easy installment plan

Meanwhile, GGives is GCash’ light and flexible installment plan which allows eligible users to purchase big-ticket items and pay for it in up to 24 months. GGives allows eligible users to purchase items amounting up to P125,000 in one transaction and choose their payment terms in installments from 3, 6, 9, or 12 months and up to 24 gives.

GGives can be used for both in-store and online purchase of selected merchants. Unlike other installment products, GGives does not require additional documents during application and does not need an upfront downpayment and processing fees.

GCredit: Always-ready credit line

GCredit, powered by CIMB, is an always-ready credit line by GCash that can be used to pay for select bills, as well as products and services in-store and online. Eligible users can get up to a Php 50,000 credit line that they can use for bills payment, online buys, and in-store QR purchases to cover everyday expenses.

With GCredit, users are only charged based on the number of days they borrow. This prorated interest means users who pay earlier get charged a lower interest. GCredit’s Minimum Amount Due also allows users to pay as low as 15% of their dues on their billing and/or due date.

To be eligible for GLoan, GGives, and GCredit, users must have a fully verified GCash profile and must maintain a qualified GScore, which is the app’s trust rating reflecting their GCash activity. GScore is the primary basis to qualify for GLoan, GGives, GCredit and enjoy benefits such as lowest interest rates and highest credit line or loan amount.

As your GScore is computed based on GCash activity, users must maintain an active GCash wallet balance by cashing in regularly and using different GCash services. For those who are already using any of the GCash borrow products, such as GLoan, GGives or GCredit, they must pay their dues early or on time to maintain their GScore and be eligible for future credit transactions.

Users may access GLoan, GGives and GCredit through the GCash dashboard or find it under “Borrow.” No GCash yet? Download the GCash App on the Apple App Store, Google Play Store, or Huawei App Gallery! Kaya mo, i-GCash mo!

RUSH launches eStore Charge, the ultimate affordable solution for efficient social selling

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RUSH Technologies Inc. (RUSH) introduces eStore Charge, their most affordable eCommerce package that empowers busy entrepreneurs to accept orders and payments from all social pages and messaging apps through one user-friendly platform. It elevates social selling to make order management and fulfillment as efficient as possible.

The solution is tailor-made for micro, small, and medium enterprises (MSMEs) in the early stages of digital commerce which rely on Facebook or Instagram shops and similar online platforms. These entrepreneurs often lack the time or resources to maintain their own sales channels.

With eStore Charge, merchants can create checkout links that they can send to their clients to simplify the checkout process. From this link, customers can review, modify, and complete their orders on one web page.

Although conversational commerce helps social media sellers without any cost, the limited features of these free tools still present various challenges, including extensive message exchanges, prolonged checkout processes, and laborious manual order monitoring, among others. Through eStore Charge, businesses can offer an easy shopping experience to their customers and grow with RUSH without moving out of their free platforms- until they are ready to launch their own digital storefront.

"We understand the struggles of micro and smaller enterprises. Social media sellers in particular are keen on growing their online business, but maintaining their own sales channel, even a sales website, is intimidating for them. We are so excited to introduce the cart-linking capability of eStore Charge to address these pain points and help these budding entrepreneurs scale their social media selling without breaking the bank," said Jeferson Cruz, RUSH Chief Commercial Officer.

Julianne Fernandez, RUSH Chief Product Officer, added: “Making digitalization easier for entrepreneurs is at the core of what we do, and we want to make every feature as intuitive as it can be. We developed eStore Charge with starting entrepreneurs in mind, making sure that they can operationalize a seamless checkout and order fulfillment process across their existing sales platforms,”

For an introductory price of Php 250.00 per month, merchants can create unlimited checkout links for order and payment acceptance. The offer is valid for sign-ups until May 30, 2023, with a one-year lock-in period. For more information, visit https://www.rush.ph/promotions/estore-charge-offer.

RUSH eStore Charge also grants access to a content management system, where sellers can upload unlimited products, activate secure payment options, build their customer base, and keep track of transaction history. Additionally, the RUSH Merchant app enables inventory updates, order management, and instant delivery rider booking.

David Tse, Rakuten Viber SVP in Asia Pacific, noted in a 2022 statement that conversational commerce will continue to rise in the coming years. RUSH eStore Charge is designed to help entrepreneurs capitalize on this trend.

RUSH, a portfolio company of 917 Ventures, Globe’s corporate venture builder, powers more than 1,000 brands and serves over six million customers across various industries in the Philippines. RUSH aims to help businesses of all sizes thrive in the competitive eCommerce space without the need for additional platforms and software solutions.

For more information about RUSH Technologies Inc. and its services, visit https://www.rush.ph/. Learn more about 917Ventures and its startups by visiting https://917ventures.com/.

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About RUSH

RUSH is the all-in-one eCommerce solution that takes care of the whole path to purchase from Discovery to Delivery. As the leading loyalty solutions provider in the Philippines, it has over 5M registered users, over 160 merchant partners, and has served over 6,000 doors. RUSH is a portfolio company under Globe’s corporate venture builder, 917Ventures.

Enjoy guilt-free shopping at 0% interest, P300 off your purchase at SM Store with Home Credit

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There's no doubt that many Filipinos really love to shop. Looking for a birthday gift, shop! Going on a summer getaway, shop! Preparing for a new school year, shop! We shop our hearts out whenever we feel we deserve it. But there’s one more thing that Filipinos love – a good deal for their purchases!

That is why Home Credit Philippines, the shopping partner of every Filipino, teams up with the country’s largest department store chain, the SM Store, in providing customers the most affordable option in making their dream purchases come true. Customers may enjoy P300 off their purchase and no processing fee when paying through Home Credit’s 0% interest offer with SM Store.

Now Home Credit and SM Store take away the guilt from shopping through their buy now, pay later magic. Get ready to tick off your shopping lists and discover what we have in store for you below.

Shop at the nearest SM Store in 4 easy payments

Been saving up for something that you have always wanted? Wait no more, as Home Credit’s partnership with SM Store will now allow you to buy the products you want in 4 easy payments with a discount of P300 and no processing fee! Certainly, an affordable option to achieve your ultimate shopping goals!

Be a shopper for all seasons

Shopping is not only made affordable, but also flexible. You can now get a variety of SM Store products anytime at any season, ranging from cosmetics, apparel, stationeries, travel essentials, home improvements and a whole lot more.

With SM Store’s 0% interest offer and no processing fee through Home Credit, you can now be a trendsetter! Mix and match summer OOTDs, score the latest gadgets for your upcoming trips, grab the sweetest gifts for your nanays and lolas this Mother’s Day, or get those rainy-day essentials ready for the wet season to come, all at 0% interest rates.

Shop now and worry less! Drop by the nearest SM Stores in your area and achieve your ultimate shopping goals guilt-free through Home Credit.

Home Credit Philippines is a financing company duly licensed and supervised by the Securities and Exchange Commission (SEC) and by the Bangko Sentral ng Pilipinas (BSP). Don’t miss out on updates from Home Credit Philippines. Visit their official website www.homecredit.ph and Follow them on Facebook, Instagram, and TikTok accounts. You can download the My Home Credit App on Google Play to catch the latest promos and see what’s new in the Marketplace.

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About Home Credit

Home Credit Philippines is the lifestyle partner of every Filipino, providing access to credit through fast, convenient, and affordable financing in more than 14,000 partner stores nationwide. The brand offers a wide range of products from smartphones and laptops, home appliances and furniture, bicycles and motorcycle accessories to electronics and hardware, sports equipment and many more – offered at low or 0% interest rates in easy monthly installments.

Nearing its 10th year in the Philippines, Home Credit has served close to 10 million Filipinos. Beyond installment financing and related insurance services, Home Credit also offers cash loans, a virtual spending limit named Qwarta, and a credit card for its existing qualified customers. With the My Home Credit app, Filipino customers are just a click away to get the products they want for an elevated lifestyle. More information on HCPH is available at www.homecredit.ph.

More information on HCPH is available at www.homecredit.ph.

Making Waves: How Uratex Is Helping Save The Oceans with its Trill Seave Collection

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You can now sleep better at night and contribute to saving the environment at the same time.

Uratex hosted a beach and underwater cleanup at Caban Cove, Batangas in collaboration with Pure Oceans in an effort to reduce the waste in our waters. 

Pure Oceans is a social enterprise based in the Philippines that advocates for marine conservation. This partnership between Uratex and Pure Oceans brought to life an unforgettable experience for the participants and hopefully, a change, no matter how big or small, to water pollution.

To further emphasize the importance of creating a change and saving the environment, Uratex Philippines starts its sustainability journey with this latest collection.

The Trill Seave Collection

In partnership with the Seaqual Initiative, the Trill Seave Collection of Uratex is its newest addition to their growing line of sleep products. “Seave” is derived from the words save and sea, which the collection features a mattress, topper and pillow. The collection was designed and made with the least amount of possible negative impact on the environment as all products are made from post-consumer recycled plastic gathered from the ocean floor that was turned into woven fabric. This collection makes Uratex the first company in the country to offer Filipinos a sustainable mattress option.

Go check out the Trill Seave Collection of Uratex on uratex.com.ph and follow them on their social media pages for more updates.

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About Uratex

Uratex is the leading foam company in the country, offering products that help enrich lives and create meaningful moments such as mattresses, pillows, toppers, etc. For more than 54 years, the brand is committed to provide comfort through its products and services.

Mommy Deserves a CHERRY

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Make Mama Feel Extra Special with These Five Gift Ideas

Moms hold things together like buttons do. They possess great power that comes from being mothers. From preparing our meals to keeping the house clean and watching our every move, she can do it all at once. We may regard her as strong and independent, but we should also listen to her unsaid needs. As Uncle Ben famously told Peter Parker, "With great power comes great responsibility," and every superhero needs a sidekick. Here are five (5) CHERRY products that can be an ally to help supermoms fulfill their duties, whether they work outside the home or stay at home with their children. These devices can bring different extra super powers for safety, cleaning and cooking.

Supermom Power #1: Hawk Eye

Every parent wants the best for their family, and these days, best translates to "the smartest." The Internet of Things (IoT) has helped homemakers enhance home security and efficiency through devices with sensors and internet connectivity, such as smart security cameras that collect valuable information. You can remotely monitor the doors and make sure the kids arrive home safely. With these smart cameras, mom doesn’t have to sleep with one eye open.

We can't always be at our door checking things out, but with Cherry Smart Video Doorbell, it enables you to see and hear who is outside through a two-way communication system and a 1080p 140-degree wide camera that allows you to take screenshots and record videos. It is now possible to attend with whoever is ringing your chime, whether you are at work, shopping, or simply cozily tucked under the covers. Get this for ₱3,250.

Need a little help in order to keep an eye on what is going on in your baby's room? The Cherry Smart Baby Camera has a sharp and clear Full 1080P Full HD video quality. Let its motion detection feature do its work as you catch up on your sleep. In addition, it offers two-way audio to help parents who are going back to work avoid the dreaded separation anxiety. It also has the capacity to record continuously, so even if you have to leave the house every day, nothing is actually missed. Get this now for ₱1,405.

Keep an eye out for both indoor and outdoor. Cherry Smart Bullet S2 Camera features 3MP video quality and a wide viewing angle with a 2.4 GHz Wi-Fi wireless connection. In addition, it supports two-way audio, 24/7 video recording, and Tuya cloud storage for motion-detected recordings. It is also flexible to install with wall screws. Cap this additional eye for mom at ₱1,610.

With the Cherry Home app, which can be downloaded for FREE from the Google Play Store and the App Store, you can effortlessly control and monitor all of these cameras on your smartphone.

Supermom Power #2: Dirt Drift

Talk about time and energy savings. There is undoubtedly technology that can outsmart mom’s daily to-do list of cleaning chores. Cherry Smart Movasweep Robotic Vacuum has Intelligent Mapping Technology; it can recall the layout of your room and even your entire home. Mom can now sit back, relax, and have a cup of coffee while the Cherry Home Smart Movasweep Robotic Vacuum does its magic. Just download the Cherry Home App on your smartphone to take control at the tip of your finger. With a suction power of up to 2600 Pa, it is more effective in more ways than you might think. It automatically increases its suction when it notices a location with more dirt.

When you have a reliable cleaning robot, you never have to worry about missing a mess. Give mom a useful present, bring home Cherry Home Smart Movasweep Robotic Vacuum for ₱13,900.

Supermom Power #5: Food Explode

Any meal you want, name it, because the Cherry 8-in-1 Air Fryer makes food preparation quick and easy. It has eight cooking functions for different types of cooking, namely: roast, pizza, cookies, warm, bake, broil, air fry, and toast. Even if mommy is in a hurry, this air fryer will help her combat fat and oil by up to 80 percent. Surely it can help the family consume fewer fatty foods.

Cherry 8-in-1 Air Fryer also comes with a 60-minute timer, 30 to 230 degrees temperature setting, air fry basket, baking pan, and oven rack. It has 25 Liters capacity and comes with overheating protection.

This versatile and reliable companion is a time and space saver. Indeed, a nice gift for mom at a price of ₱8,800.

Superheroes aren't all suited and booted; sometimes they wear an apron, and we regard them as our moms. Her selflessness, bravery, and boundless compassion are personified. She is like an avenger running towards challenges, protecting the family at all costs.

For more Mother’s Day gift ideas, watch out for the 5.5 sale. To purchase, visit:

Cherry Shop PH: www.cherryshop.com.ph

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Cosmic Technologies Incorporated is a Philippine-based company that carries the brand CHERRY which offers a comprehensive selection of products from Internet of Things (IoT), home, personal and wellness essentials, pet needs, travel necessities to mobile phones. Since 2009, CHERRY continues to build an equilibrium to create one ecosystem.