GCash Paves the Way for Digital Transactions with Paleng-QR Ph Initiative in Quezon City
The Philippines' best money app, GCash, is excited to support the Paleng-QR Ph project in Quezon City. This joint effort is between the Bangko Sentral ng Pilipinas (BSP) and the Department of the Interior and Local Government (DILG). This project shows that everyone wants to make it easier for people in the Philippines to use digital payments.
 |
| GCash Paves the Way for Digital Transactions with Paleng-QR Ph Initiative in Quezon City |
The Paleng-QR Ph program tries to get Filipinos to stop using cash and start using digital payments, focusing on the benefits of doing so. This work fits with the national plan for financial inclusion that has been in place since 2022. The idea has spread to the Project 4 Public Market in P. Tuazon, where GCash QR codes make it easy for market sellers and tricycle drivers to do business.
Important people like BSP Deputy Director Mynard Bryan Mojica, DILG Undersecretary for Barangay Affairs Felicito Valmocino, Quezon City Mayor Joy Belmonte-Alimurung, and GCash Chief Compliance Officer Atty. Cef Sison attended the event. Mayor Belmonte-Alimurung asked more sellers, tricycle drivers, and small business owners to join the program, which is now running in eight public markets across the city.
GCash Targets Growth of GStocks PH User Base in 2024
The GCash QR payment method is now used by 87% of vendors in the city, with 65% regularly transacting. Quezon City was recently given the Excellence in Digital Empowerment Award at the third annual GCash Digital Excellence Awards in 2023. This was in honor of its ongoing efforts to become more digital.
GCash is still at the front of the national rollout of the Paleng-QR Ph initiative, and you can see it at launches in key towns across the country. GCash's Cluster Head of Public Sector and Partnerships, Cathlyn Pavia, said that the company is still committed to making sure that its users are safe, secure, and able to use the app easily.
To find out more, please go to www.gcash.com.
