Wechat pay to gcash9/23/2023 ![]() These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. The round was co-anchored by global investment giant Warburg Pincus and private equity and venture capital investor Insight Partners. Mynt became the country’s first tech unicorn after raising over $300 million in November 2021 in a funding round that valued the company at over $2 billion. Mynt’s parent company Globe said no funds were lost, contrary to an earlier report that some P37 million worth of transactions were allegedly stolen by suspected hackers. GCash recently announced that it has foiled attempts by hackers to transfer millions of pesos from its clients after it detected a pattern of relatively small withdrawals from multiple users. GCash is a wholly-owned subsidiary of Mynt, the first and only double unicorn or ‘duacorn’ in the Philippines, and has been recognized for its outstanding digital financial inclusion programs by The Asian Banker and the IDC in 2021. Galaxy Macau, MGM, Sands Resorts Macao, and other well-known enterprises in Macau are already engaged in launching these international e-wallets, and more enterprises are invited to join Alipay+ to attract more tourists and promote business efficiency.Īs the #1 finance app in the Philippines, GCash offers a range of services, including purchasing prepaid airtime, paying bills, sending and receiving money, purchasing from partner merchants, and accessing savings, credit, loans, insurance, and investment opportunities, all through the convenience of a smartphone. Sun Ho, Chairman and CEO of Macau Pass, said that the innovative one-stop payment solution will solve the problem of cross-border payment for international tourists and help enterprises find new growth opportunities. The collaboration with GCash and other Southeast Asian e-wallets will accelerate the digital transformation of local merchants in Macau, create an international digital payments ecosystem, and help businesses find new marketing growth opportunities, according to the announcement. Its digital payments are accepted by over 20,000 merchants. Macau Pass is a mobile payment company that has been providing electronic payment solutions and value-added services to customers in Macau since 1999. ![]() The approval means businesses in Macau can now accept GCash payments through Macau Pass payment devices, along with other e-wallets from Alipay, AlipayHK, WeChat Pay, Simple Pay, Touch ‘n Go eWallet, and TrueMoney. ![]() Philippine mobile wallet app GCash has been approved as one of the partner e-wallets for Alipay+ in Macau, according to an announcement by Macau Pass, a leading mobile payment provider in the Chinese administrative region. ![]()
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