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Letter From Manila
Cash is still king in Philippines? Maybe, but not for long
GCash is now the largest digital payment platform there for cashless transactions, with 1 in 2 Filipinos – some 50 million – using the app.
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GCash, owned by mobile payment firm Mynt, is now the Philippines' largest platform for cashless transactions.
PHOTO: MYNT FOR THE STRAITS TIMES
MANILA - Until seven months ago, Ms Patria Belardo's biggest irritation was having to hunt for loose change.
She and her husband ride from one house to another on their e-bikes around a large community in Paranaque city, south of the capital Manila, to sell seafood, fruits and vegetables.
