GCash expands global payments with Alipay+, Mastercard

0
107

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

Sponsor
Căutare
Sponsor
Categorii
Citeste mai mult
Networking
Fitch Ratings revises APAC tech sector outlook to deteriorating on demand, tariff risks
Fitch Ratings has on Monday revised its 2025 outlook for the Asia-Pacific (APAC) technology...
By Ifvex 2025-06-10 08:50:15 0 4K
Networking
Apple still barred from selling iPhone 16 in Indonesia despite investment deal, minister says – report
US-based tech giant Apple still cannot sell its iPhone 16 in Indonesia despite striking a deal to...
By Ifvex 2025-01-08 13:23:36 0 11K
Networking
Techsauce Global Summit 2025 opens, inspiring leaders to define a new symbiosis with AI
Techsauce Global Summit 2025, Southeast Asia’s largest technology festival, officially...
By Ifvex 2025-08-08 07:52:40 0 2K
Food
Turkey Tetrazzini
If you like Turkey Tetrazzini, you'll love this easy-to-make "from scratch" version even more...
By Recipes 2025-02-05 15:21:32 0 10K
Networking
SC seeks public feedback on proposed framework on tokenization of capital market products in Malaysia
The Securities Commission Malaysia (SC) has on Tuesday published a consultation paper to seek...
By Ifvex 2025-05-06 06:47:10 0 6K
Ifvex https://ifvex.com