November 8, 2009

Mobile Banking and More.

Nowadays there are so many ways to settle whatever bills pop into your mailbox. Gone are the days of standing in queue in multiple banks, service centers and what not..Today, one does not even need to leave the comforts of their own homes to settle utility bills, pay for school tuition or even make payroll disbursements. And yes, you don't even need a computer to do all these and more.

Globe GCASH sponsors the 2009 E-Commerce Summit
With just a mobile phone, not only are those transactions settled, you can also do online purchases via GCASH Click, pay for airplane tickets, make donations to various institutions or organizations, pay for your insurance and make loan payments as well. Powered by BPI Mobile Banking, Globe and TM subscribers have a new handy way of managing their banking transactions.Families of OFW's can also maximize their hard-earned money from abroad with GCASH REMIT which enables their families here to instantly claim their remittances in over 2,500 locations around the country.

However, if doing online banking was a big step forward for a person like me (yes, despite my being a child of modern technology!) I still have some fears and trepidations about mobile banking. In fact, one thing I still consider when online shopping, such as in Multiply, is how payments are made. I still feel a bit confused about how these GCASH and mobile money transferring works.Also, I am the type of person who feels more at ease when someone explains to me how things work over reading it from a webpage. It makes me feel more secure about what I'm doing. To clarify these issues, Globe GCASH is sponsoring the upcoming DigitalFilipino E-Commerce Summit on November 12 and 13 where the president of G-Xchange, Inc, Ms. Rizza Maniego-Eala will talk about the challenges and opportunities in mobile money transfers.

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