For numerous reasons that we don’t need to point out, it is obvious that not all Filipinos can be served by banks and credit card companies. While having a credit card is still a challenge for most us, it seems that the demand for it is rising due to valid reasons such as convenience and safety. Also, just imagine how life can be an easy-peasy if we can transact in just a few taps.
Because of that, Globe GCash introduces a modern payment solution through the GCash Beep MasterCard which can be used for everyday spending and activities.
Meet your “everyday-all-in-one” card, the GCash Beep MasterCard! This is not your ordinary card; it functions as an ATM Card for cash withdrawals, a prepaid card for purchases, and a Beep card for daily MRT/LRT commute.
“Here in the Philippines, three out of four adults do not have bank accounts. And even within the banked population, there are hugely underserved segments with only 3% credit card penetration. We at GCash are enabling this market with financial services such as GCash Beep MasterCard to give them all the convenience of cashless shopping and payment, among other benefits,” said Xavier Marzan, President, and CEO of G-Xchange, Inc., a wholly-owned subsidiary of Globe Telecom, which operates GCash.
Poch Villa-Real, MasterCard country head said: “We are very pleased with our collaboration with GXI on the launch of the new GCash Beep MasterCard. As a valued MasterCard member, all GCash Beep MasterCard users will now have access to over 40 million MasterCard merchant locations and ATMs worldwide. This card certainly provides a powerful tool to consumers in the Philippines, enhancing their daily lives given their expanding purchasing needs locally, overseas and in the digital space.”
It is worth-knowing that GCash Beep MasterCard is the first value-added card to be Beep ready. GCash started selling GCash Beep MasterCard since the start of September this year in parallel with the expansion of the tap payment facilities in various MRT/LRT stations. Beep is the authorized reloadable electronic payment under the unified LRT/MRT ticket system which started full implementation on October this year. It is operated by AF Payments Incorporated primarily owned by Ayala Corporation and Metro Pacific Investments Corporation.
‘Making the lives of Filipinos a lot easier and better through technology is always our priority. Thus, we made sure that the Beep functionality is part of the GCash MasterCard. With it, commuters don’t need to line up every time they ride the MRT or LRT which takes a long time, because, with this new card, they can purchase their fare like a stored value card,” Marzan added.
Here are the things that you need to know about having and using GCash Beep MasterCard:
- Avail it at any of the 35 selected Globe Stores nationwide and roving caravans for only P150.
- It includes a free prepaid Globe SIM card.
- P30 in GCash load.
- You can avail a personalized GCash Beep MasterCard and ready in just a few minutes if you present a valid ID.
- Funds for the card may be loaded by cashing in at any of the 10,000 GCash outlets nationwide. These outlets include all Globe Stores, 7-11 convenience stores, SM Department Stores, Puregold Supermarkets and pawnshops such as Tambunting and Villarica, among others.
- To reload the Beep account, customers just need to place the GCash Beep MasterCard on top of the Stored Value Card reader of the Ticket Vending Machine at any LRT/MRT station, choose the Stored Value option on the screen, and insert the corresponding amount of money on the slot provided, and wait for the transaction receipt to come out.
Get your own GCash Beep MasterCard and enjoy the following:
- Swipe your card for all your purchases
- Use it for grocery, shopping, and dining
- Use it locally or overseas
- Have access to online payments
- Purchase apps for your smartphones
- Buy gems for your online games
- Shop at online retailers and deal sites
- Withdraw cash from any automated teller machine (ATM) worldwide and can also check your GCash balance anytime and monitor all your transactions.
- Receive remittances
- Send money to any Globe/TM user for free
- Easily buy discounted prepaid Globe/TM phone load
- Use mobile and online banking to fund their GCash Beep MasterCard
For more details on GCash, please visit getgcashmc.com.ph
Karina is not your ordinary supermom. She juggles her time bonding with her three amazing kids while being in the loop on the latest happenings in the tech and lifestyle scene. Follow me on Instagram (@digitalfilipina) regularly visit www.digitalfilipina.com for daily dose of updates not just for moms but for everyone!