Zero GCash Balance? No Problem—Pay Seamlessly with Linked Cards
GCash’s new “link-and-pay” feature with Visa and Mastercard allows users to pay via QR codes directly from their linked cards, even with zero wallet balance, reducing friction and enhancing security. No Cash-in Needed GCash, the country’s largest mobile wallet, has unveiled a new feature that allows users to link their Visa and Mastercard debit or credit cards directly to their wallet and […]
Amid Volatility, Lower PH Hot Money Inflows Signal Investor Flight to Safety
The amount of net foreign portfolio inflows (‘hot money’) to the Philippine financial market shrank by 27% in July to 170 million dollars (10.36 billion pesos as of the time of writing), compared to June. Hot money refers to types of short-term investments that investors inject into the financial markets. Where hot money promises high returns, this is also complemented by high risk. The lower net inflow of hot money, […]