GLOBE Telecom, Inc.’s mobile wallet arm GCash has recently been tapped by Ortigas & Co. to offer its quick response (QR) payment services to merchants at Greenhills.
In a statement Tuesday, GCash operator Globe Fintech Innovations, Inc. (Mynt) said it has entered a partnership with the managing firm operating Greenhills, Ortigas Malls, to start rolling out QR code payments at several retailers at Shoppesville and V-Mall.
“We think that them (merchants) being able to accept cashless payments via GCash QR will bring more convenient and more efficient transactions. We’re looking forward to 100% of Greenhills being able to accept cashless payments,” Ortigas Malls Head of Leasing Catherine Duenas was quoted in the statement as saying.
Greenhills currently has more than 2,000 merchants in its 16-hectare mixed-use space in San Juan, Manila. Businesses range from tiangges, apparel stores, dining establishments and a grocery.
The partnership covers the deployment of QR codes to merchants that shoppers may scan through their mobile phones to pay for products. Mynt said the tie-up with the mall giant helps its cause in promoting cashless payments across the country.
“GCash’s vision is to have a cashless society leading to finance for all. A part of this means being able to settle transactions with just your mobile phone,” Mynt President and Chief Executive Officer Anthony Thomas said in the statement.
As of end 2018, GCash said it had 15 million registered users on its platform, with monthly active users recording a 3.5 times growth.
Aside from Ortigas & Co. for Greenhills, Mynt had previously signed partnership deals with Ayala Malls, Robinsons Malls and SM Stores.
Mynt is jointly owned by Globe, its parent company Ayala Corp. and billionaire Jack Ma’s Ant Financial Services Group, the owner of online payment service Alipay. — Denise A. Valdez
