Tag: Ant Financial
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The use of QR for mobile digital payments is very popular in various emerging and developed economies. In China, for example, mobile digital payments account for over half of the country’s total transaction volumes. In the Philippines, the use of the technology is still in its nascent stage, and has yet to see an explosion…
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GCash is poised to lead the future of payments in the Philippines following the recent joint venture of Ant Financial, Globe Telecom, and Ayala Corporation. The collaboration is seen to speed up the country’s digitization to make the lives of Filipinos much easier. Jack Ma, founder and executive chairman of Alibaba Group, attended an event…