GCash expands global payments with Alipay+, Mastercard

0
1Кб

Philippine fintech player GCash has launched a new payment innovation, introducing a next-generation contactless solution that offers convenience, security, and global reach with partnership with Alipay+, Mastercard.

GCash said in a statement on Thursday that GCash Tap to Pay can now be used by its users to pay at more than 150 million Mastercard acceptance locations across the world, powered by Near Field Communications (NFC) technology.

This innovative solution for e-wallets to make NFC payments is enabled through a collaboration between Alipay+ and Mastercard.

Alipay+ is the global wallet gateway of Ant International, supporting payment partners like GCash to make cross-border payments via QR and now NFC.

GCash is among the first Alipay+ partners to enable this new solution, and users can simply use their existing account to make NFC payments, without needing to apply for a credit or debit card.

“At GCash, our goal has always been to drive financial innovation and create an inclusive, cashless ecosystem,

“With Tap to Pay, we’re not just modernizing payments; we’re empowering Filipinos with a seamless and globally competitive solution that is locally relevant and universally accessible,” said Ren-Ren Reyes, President and Chief Executive Officer of GCash mobile wallet operator G-Xchange, Inc.

Tap to Pay enables users to complete payments with a simple tap of their NFC-enabled Android phone on any Mastercard-accepting POS terminal.

This complements the current QR code payment in more than 50 destinations globally, significantly expanding global acceptance of GCash via scan or tap—from small local shops to major department stores.

This further reduces the need to carry cash, streamlining everyday transactions while abroad.

“GCash is a pioneer in driving digital payments, and now one of our first partners to enable Alipay+ NFC global payment capability,

“Alipay+’s collaboration with Mastercard is redefining a new future of global payments, enabling Alipay+ partner wallets to be accepted at Mastercard NFC merchants around the world,” said Douglas Feagin, President of Ant International.

“We believe that greater interoperability between e-wallet and card systems is a trend of the future,” he added.

According to the statement, robust security is at the core of this innovation, with authentication protocols and data encryption ensuring every payment is protected from tampering and fraud.

The result is a seamless and secure experience for everything from a quick coffee run to a full grocery trip.

GCash Tap to Pay now empowers Filipinos to make simpler, more seamless transactions — both locally and internationally — through a strategic collaboration with Alipay+ and Mastercard.

This simplifies cross-border commerce and eliminates the hassle of carrying foreign currencies or multiple bank cards.


#DigitalPayments #FintechInnovation #ContactlessNFC #GlobalEWallet #CashlessEcosystem

Спонсоры
Поиск
Спонсоры
Категории
Больше
Networking
From chatbots to agents: Why mid-sized companies are upgrading their conversational AI in 2025
In 2025, the evolution from basic chatbots to intelligent conversational agents is no longer a...
От Ifvex 2025-06-09 04:58:57 0 5Кб
Food
Chinese Five Spice Chicken Salad
This light and colorful Chinese Five Spice Chicken Salad makes a delicious lunch or light dinner....
От Recipes 2025-02-15 16:26:34 0 17Кб
Networking
Tracxn : Southeast Asia’s FinTech funding drops 23 percent in 2024
Southeast Asia’s (SEA) Fintech ecosystem witnessed total funding of $1.6 billion in 2024, a...
От Ifvex 2025-01-15 12:56:04 0 10Кб
Другое
Germany’s X-FAB expands manufacturing site in Malaysia with $600M investment
X-FAB, the Germany-based analog/mixed-signal and specialty foundry, has expanded its...
От Ifvex 2025-09-23 02:15:58 0 635
Networking
TNG Digital partners Alliance Bank Malaysia to enhance lending options within GOfinance
TNG Digital Sdn. Bhd., a Malaysia-based integrated fintech player, has partnered with Alliance...
От Ifvex 2025-04-17 09:01:44 0 8Кб
Ifvex https://smartcontent.me