Jack Ma Graces GCash App Launch at Ayala Malls

Ciara Alarcon
Alibaba Group Founder and Executive Chairman Jack Ma recently graced the opening of the Philippine retail industry to cashless transaction through GCash.

Jack Ma Graces GCash App Launch at Ayala Malls
Jack Ma Graces GCash App Launch at Ayala Malls

Through GCash and its app’s scan to pay feature, consumers can now experience the accessibility of e-payments.

Jack Ma was joined by Ant Financial Services Group CEO Eric Jing, Ayala Corporation President and COO Fernando Zobel de Ayala, Globe President and CEO Ernest Cu, Ayala Land President and CEO Bobby Dy, and Mynt President and CEO Anthony Thomas.

“We are happy to share the initial successes that will disrupt payment methods in the Philippines.  In this country, only 5% of the population have credit cards, leaving almost everybody to carry cash all the time to pay for something.  Today, we are introducing the 3rd method of payment -- GCash.  We found the right partner and the right time to really scale up the business and change the way we use financial services,” Cu addressed.

See Also: GCash Transaction Now Accessible on Facebook Messenger

GCash allows consumers to pay for goods and services by simply scanning QR codes, which are displayed by merchants and establishments, on their smartphones. In partnership with Ayala Malls, Glorietta will be its first mall to offer a cashless transaction in many of its shops, restaurants, and cinemas.

Meanwhile, GCash e-payment system will be available soon at Greenbelt, TriNoma, Market! Market!, Alabang Town Center, Ayala Center Cebu, Bonifacio High Street, UP Town Center, Ayala Malls The 30th, Ayala Malls Vertis North, and Ayala Malls South Park.

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