Visa, a global leader in digital payments, and Maya, the most popular Digital Banking app in the Philippines, have joined forces to create excitement for the upcoming FIFA Women’s World Cup 2023 and show their support for the Philippine women’s national football team. This is an incredible milestone for the team as it marks their […]
While the BSP and the NPC are set to conduct their own investigation as to what happened to GCash last May 8, the -e-wallet platform has sent us an official statement explaining what happened. Reiterating their previous comments, GCash explained that “no hacking nor glitch” occurred in their platform. Instead, GCash said the May 8 […]
Filipino FinTech startup NextPay reached a milestone in 2022, as it achieved Php 3.2 billion worth of transactions in 2022, which is an achievement for the two-year-old company. That translates to an increase of over 200% in user transactions in 2022 compared to 2021. To date, NextPay serves over 3,800 growing businesses. “We take great […]
Every time we come across news that a platform that’s long dead come back to life, we get excited about it. Nostalgia can affect the emotions of people so much, that some fail to realize how it can be dangerous–especially with how scammers are actually using it as a weapon to victimize people. Such was […]
During the first half of the year, the volume and value of electronic payments and financial services processed through digital banks reached 1.4 million transactions and P8.45 billion, respectively. Digital Banks have flourished in the Philippines thanks partly to the restrictions imposed by the COVID pandemic, but mostly because of their convenience. Unlike traditional banks, […]
Smartphones and devices in general are starting to come with 5G support by default in 2022. The exponentially-higher network speeds this provides helps people with their day-to-day activities, especially for tasks that require web surfing. The telco giant has foreseen this surge in demand and is readying up to meet it by adding 2,500 more […]
With the emergence of online transactions and wallets, it makes perfect sense that neobanks are also rising to the top. These are financial institutions that exist solely on an online platform, possibly with minimal to no physical presence at all. Tonik is an example of a neobank operating in the country that is officially recognized […]
Whether you’re a student spending most of your time studying or a professional with a 9-5, a little additional income would never be something you’d say no to. Luckily, GCash now has a Play To Earn section within their GLife program. This gives users the opportunity to make a quick buck playing the games they […]
Right before the year 2021 ended, a viral piece of financial news broke the internet: Bando de Oro (BDO) had been hacked, leading to losses for users. To sum it all up, there was an advanced phishing scam in place which managed to bypass security measures such as 2FA. Those who fell victim lost in […]
Some of you may have already noticed that your PayMaya app has undergone a transformation. For these users, the app is now Maya and it packs a sleek, new design and additional features to boot. Our PayMaya contacts confirmed that they have started rolling out the new Maya app since this Monday. Most likely, more […]