Globe introduces cashless payments in Mindanao
Globe Telecom’s GCash has teamed up with Davao’s homegrown retail chain, New City Commercial Corp (NCCC) to promote electronic payments in the country through the use of QR scanning via smartphones.
“We are excited over this partnership since NCCC is a well-loved mall in Mindanao, having established its roots in Davao. Through NCCC, we would want to introduce QR payments to Mindanaoans for a better shopping experience. With the GCash App scan to pay feature, they don’t have to bring cash anymore or even look for exact change. They only need their smartphone,” said Globe president Ernest Cu.
QR scanning is already widely adopted in countries such as China and India where people hardly use cash anymore to pay for goods and services. Instead, they use their smartphone to scan the QR codes of merchants and pay for their purchases.
“We at NCCC are committed to provide our customers with all their shopping needs, the highest quality of customer service, and value for their money. Electronic payments via QR is the wave of the future and we want our customers to experience it now with the help of GCash,” said Tjader Regis, NCCC Supermarket senior vice-president said.
With the partnership, NCCC Supermarket becomes the first supermarket chain in Mindanao to accept cashless transactions using QR code for easy, convenient, and secure payment system.
GCash is operated by Mynt, which is owned by Globe Telecom, Ant Financial and Ayala Corp. It hopes to change the purchasing payment landscape in the Philippines, strongly believing that cashless transactions will be the next big thing in the retail industry.