Alibaba founder Jack Ma speaks at the CEO Summit, attended by 800 business leaders from around the region representing U.S. and Asia-Pacific companies, in Manila, Philippines, Wednesday, Nov. 18, 2015, AP FILE
The Ayala Group’s Globe Telecom and Ant Financial Services Group, owned by Chinese tycoon and Alibaba Group founder Jack Ma, rolled out a new cashless option that allows consumers to buy goods and services by scanning QR codes in establishments using their mobile phones.
The platform using Globe’s GCash mobile wallet app is similar to that of Ant Financial’s Alipay, a digital payments service ubiquitous in China.
Globe said on Wednesday that the “scan to pay” feature of GCash was initially launched in the Glorietta shopping mall in Makati City.
Globe said the feature would soon be rolled out in other Ayala-owned malls, such as Greenbelt, TriNoma, Market! Market!, Alabang Town Center, Ayala Center Cebu, Bonifacio High Street, and Ayala Malls The 30th.
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“Now that more people are using data on their smartphones, the time is ripe to enable digital payments using the smartphone and let this go mainstream,” Globe CEO Ernest Cu said Wednesday.
“Our challenge today is to make digital payments the preferred choice among our customers instead of cash or credit cards,” he added.
