Saturday 22 September
Powered by Ajaxy
Jun 26, 2018 @ 18:21

Globe teams up with Alipay for e-remittance service

 

GCash is venturing into the blockchain technology using Jack Ma’s expertise.

In a statement, GCash and AlipayHK announced that they are offering a cross-border remittance service via e-wallets, which will leverage on technology offered by the Ant Financial Services Group.

Blockchain is expected to facilitate the faster and cheaper transfer of money between the two countries.

“This service between GCash and AlipayHK will provide round-the-clock, real-time money transfer between Hong Kong and the Philippines at a competitive exchange rate with much lower transaction fees, which will be further waived during an initial three-month trial period,” the statement read.

Tags: , , ,

Related Stories
Globe Telecom is speeding up the deployment of long term evolution (LTE) in key cities
Amdocs, a leading provider of software and services to communications and media companies. has partnered
Ayala-led Globe Telecom is ramping up its capital spending this year by $100 million as
Globe Telecom is focused on completing the upgrade of its network to fastrack the rollout


 

Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.