Globe launches GoPay, PH’s first mobile money QR payment
Globe has recently launched the GoPay service – the first QR payments via smartphone in the Philippines for cashless transactions.
GoPay is the newest feature within the GCash application which allows customers to pay using their GCash account by simply scanning QR codes displayed by establishments or stores. That said, customers need not bring cash when making their purchases in supported stores. Merchants, on the other hand, would no longer need expensive machines to process mobile money transactions but only QRs with a unique code that is linked to their GCash wallet.
Globe’s goal for making the GoPay service is to have a “cashless ecosystem” and make GCash payments as the new convention for mobile money transactions. It’s a handy option for customers who do not want to use their credit cards and/or wary of bringing cash.
To use the GoPay service, the user must download the latest GCash application then register for an account. After the registration, the person will need to fund his/her GCash wallet at any 12,000 GCash partner outlets of Globe nationwide. After putting funds on the user’s GCash wallet, he/she will need to swipe left upon opening the application which will bring the camera for QR code scanning of the store. The user will then enter the amount that will be paid.
GoPay will be out in the next few weeks at select partner stores. The service’s introduction is in line with the thrust of Ant Financial, the parent company of Alipay and strategic partner of Mynt, to upgrade payment services and accelerate financial inclusion in the Philippines. Alipay has popularized QR code payments in China