This is what you need to know if you are using GCash: Protect your data like you would protect your cash.
Chito Maniago, GCash vice president of Corporate Communications and Public Affairs, said they are always asked by users how to protect themselves from fraud.
“Never give away personal data like your MPIN [mobile personal identification number] and OTP [one time pin] to anyone, especially online. Remember that GCash will never ask you for your MPIN,” said Maniago.
Last year, GCash rolled out more measures to assure the safety and security of users and their money. GCash has made sure that users receive SMS, in-app and social media advisories against fraudulent pages, including fake donation drives and fake financial aid offers.
It also rolled out app notifications informing customers not to share their account details. GCash also said it has taken a more active role in ensuring that fake social media advisories and accounts are taken down.
You probably use GCash regularly for online digital transactions. Now, the mobile wallet app is launching new products and services consistent with its goal of providing finance solutions for all.
As a platform, GCash has helped Filipinos with digital finance. With 1 in 3 Filipinos currently using GCash after it grew its user base from just more than 20 million in January 2020 to over 40 million to date, the platform continues to grow.
GCash now allows its users to shop, save, invest, get insurance coverage and more, all within the app. This means more Filipinos will now have access to digital financial services.
“We want to make a real difference in the lives of every Filipino and break the existing boundaries to enable financial freedom,” said Martha Sazon, president and chief executive officer of GCash.
GInvest is a new feature found in the app that lets you invest for as low as P50 in professionally-managed local and global funds.
GInsure allows you get insurance for medical emergencies such as dengue, Covid-19 and accidents for as low as P300. Users can also get financial assistance via Cash For Medical Costs and the recently launched Cash For Income Loss due to any cause.
For easy money management, GSave is the fully digital, secure and hassle-free savings account that was built in partnership with CIMB Bank, wherein the only requirement to start is an ID and a smartphone. It’s fully accessible once the account is created; and has no maintaining balance, no fees and no initial deposit.
As an alternative to high interest loans and borrowing money for emergencies, GCredit serves as a fully-verified user’s personal credit line within the app, with the ability to provide those with high GScores up to P30,000 credit line and up to 3 percent prorated interest rate; the earlier the due is paid, the lower the interest rate.
NEW TECHNOLOGY EXTENDS FRESHNESS OF FRESH PRODUCE
With minimal grocery runs and limited access to wet markets due to quarantines, a new technology called HarvestFresh from European appliance brand Beko is very much welcome news.
The technology is “inspired by nature, powered by light.” HarvestFresh, which will be available across a range of refrigerators, uses three colors (green, blue and red) to mimic the 24-hour sun cycle and natural sunlight.
This combination simulate the day light cycle—including times of darkness—to recreate a natural living environment for fruits and vegetables. A study approved and verified by leading Total Quality Assurance provider Intertek Laboratories showed that HarvestFresh helps preserve levels of Vitamins A and C longer.
During the first four hours of the HarvestFresh cycle, the crisper lights will shine blue, mimicking dawn and the first light of the day. This is followed by two hours of green light replicating midday, and a further six hours of red light imitating the more muted tones of dusk. The drawers then turn dark for 12 hours to represent nighttime.
“The technology [HarvestFresh] was patented two years ago but it reached the market only in 2020. In terms of patents, Beko is one of the world-leading companies with its own unique features,” said Gurhan Gunal, country manager of Beko Pilipinas Corp.
Refrigerators with HarvestFresh technology have separate refrigerator and freezer cooling levels to help reduce energy consumption.
Beko’s “white goods”, which include refrigerators, cookers, washing machines, ovens and vacuum cleaners, help empower people to live better and healthier lives.
To illustrate, Beko washing machines come with Steamcure to eliminate germs and viruses while the cookers are equipped with Split and Cook and steam-assisted functions that help users in cooking healthy meals.
“As 2021 continues to pose more challenges for everyone, we need to be there for our consumers. Our technologies and innovations are even better and more mindful of our end-users’ health and well-being,” said Dyeun Zapanta, Beko Pilipinas marketing manager.