Last week, I was in Shangrila the Fort and did witnessed Pinoy live online conversation with family and OFW friend . As they share the form of Love via money remittance and live video conference chat. So the 10 000 peso money paperless mobile digital transaction was sent to Philippines from HK instantly.
GCash and Alipay Hongkong did a live press conference. With tech heavyweight Jack Ma, Ayala and Ernest Cu from Hongkong – China. AlipayHK & GCash launch the blockchain real time Pinoy remittance. Its a technology app via smartphone free for 3mos trial period. With a current limit of 5000HK currency per transaction.
A big savings to the Pinoy who is based in HK. OFW household that usually sends more than 33 billion dollar monthly remittance to the Philippines. To add value to our daily tech life, So take advantage of the fast easy fingertips transaction. No need to fall in line and pay fees in less than a minute money is in your family's pocket.
This kind of Technology will reduced budget in transfer cost and time of falling in line to any traditional remittance office outlet. As a GCash and recently Cryptocurrency user, I find these technology pretty much fast, easy and accurate. In such way that I or anybody can withdraw, load my phone and send the money easily. Anytime anywhere as long as I have internet connection.
A brilliant move between Ant Financial digital wallet and globe telecom. Technology that we can always take advantage in our daily life. A few tap to through Alipay HK mobile app then the money will be transferred in GCash user. And all info were stored, shared and uploaded through blockchain remittance platform.
Which is fully encrypted with the most advance protocol to protect every user financial and personal privacy. Its taylor made solution aim to secure money transfer to soonest possible. Standard Chartered is been an intergral partner for this banking infrastructure initiatives. The collab partnership for this new service were made to fullfill the here for good brand promise.
Because It leverages the time and benifits – Accessible to more remote areas and different places. A significant pace to accelerate capability when it comes to our daily financial lives. Since 2015 Alipay exploration of blockchain technology they revolutionized the remittance industry expanding global remitance to its local partners.
As of March 31, 2018 Ant Financial together with its global partner served more than 870 milion users, 20k retailers and over 15million SME's in China. So Its a good move to utilized GCash internationally acclaimed payment technology, networks, current users and virtual wallet system. Visit globe.com/gcash and alipay.hk for more info.