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GCash disables Bank Transfers after Account Deduction Incident

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GCash seems to be doubling down on security efforts after confirming the GCash accounts were randomly deducted yesterday.

They’ve released an official statement in this regard and denied any hacking incident that might have caused it.

Following an extended system downtime last night, GCash has also disabled the biometric login feature of the app 12.

Likewise, they have also apparently disabled the Bank Transfer feature, promising that it will be returned soon.

Based on the succession of incidents and on GCash’s statement that there is no hacking involved, it seems to highlight the seriousness of the account deductions experienced by GCash customers.

We’ re still waiting for additional comments from GCash regarding this series of incidents.

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Avatar for Abe Olandres

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.

5 Responses

  1. Avatar for ab ab says:

    July 20, 2023, It is happening again, Gcash transfers to BDO is NOT working, it simply crashes, the Gcash app shuts down automatically. fyi

  2. Avatar for Kei Kei says:

    They disabled a lot of features including Buy Load and Pay QR. A Ghost app right now

  3. Avatar for Iza m.esteved Iza m.esteved says:

    How

  4. Avatar for sars2 sars2 says:

    ye ye ye..

  5. Avatar for Lemuel Lemuel says:

    I mad that KKB 20k lost my birthday for me today Oop

    But l mad said revenge GGIVES OPENING TODAY.. I AM COMPLAIN SO MUCH

    I DON’T SAY HOPE IF I CAN’T VOTER NOT JOIN GCASH CEO NO MORE

    GCASH CEO NOT GOOD NOT RESPECT WITH ME MY BIRTHDAY FOR ME?

    GCASH CEO MODUS SCAMMERS, STUPID

    GOD NOT TRUST THRU GCASH JUDGE

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