Earlier today, Globe Telecom announced an improved GCash Mastercard prepaid credit card that can be used to pay for train fares. It’s among the first payment solutions in the country that supports tap-to-pay payment terminals found in MRT and LRT stations. Up until now, the issue of considerable queuing in stations had not dealt with. So, as credit cards in usa go this is a pretty impressive development, as there has been huge demand for changes to be made to this system.
Just like any MasterCard plastic, you can use the GCash card to make online purchases, buy apps and other paid content from app stores, and pay for transactions across 40 million MasterCard merchants worldwide, among many others. There’s no need to worry about paying extra for the annual fee as well. As with all credit cards, you’ll want to be made aware if your account is suspected of credit card fraud so that you can make arrangements to protect your finances.
Globe Telecom today announced a GCash Mastercard prepaid credit card that supports tap-to-pay payment terminals found in MRT and LRT stations. Those wanting to know what the current options are for obtaining credit cards and which are the best out there at the moment may want to read the reviews over on MyInforms.
The biggest convenience, however, is that you don’t need to submit a lot of documentation to own a GCash card; simply head to select Globe stores and caravans nationwide, fill out a service form, present a valid ID, and then pay the one-time processing fee. Topping up is done through RCBC and BPI branches or any of the thousands of GCash outlets nationwide, which includes all Globe stores and 7-11 convenience stores.
According to estimates compiled by G-Xchange, a subsidiary of Globe Telecom and the company behind the GCash platform, 3 out of 4 Filipino adults don’t have a bank account, and a staggering 97 percent of people in the Philippines don’t own a credit card.
The biggest convenience, however, is that you don’t need to submit a lot of documentation to own a GCash MasterCard prepaid card.
But that might soon change given the arrival of prepaid credit cards tied to specific carriers. In September, PLDT and Smart Communications launched the PayMaya Visa card, a payment card with similar features to that of its rival telecom company.
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