Mobile wallet, GCash, has launched a new way transfer feature that provides better security and convenience to users.
QR on Demand, the new feature in the GCash app lets users send and receive money using their own personal QR.
According to GCash, by using QR on Demand’s Send via QR, users can scan or upload other members’ unique QR codes so they could be assured that they are sending money to the right person.
This eliminates the process of having to enter a mobile number manually, making the process of sending money faster, and avoids money incorrectly sent to wrong numbers.
“GCash continues to innovate for better means of transferring money and better customer experience, while at the same time keeping Filipinos safer and more secure in this highly digital world,” said Martha Sazon, President and CEO of GCash.
“Aside from money transfers, the new QR on Demand feature can also be used by enterprising citizens in conducting informal businesses,” she added.
Fully verified users can also assign a specific value to the QR code so that the amount will be auto-generated every time the code is scanned, GCash said.
The Bangko Sentral ng Pilipinas has been pushing for the use of online money transfers especially during the COVID-19 pandemic to lessen the chance of contracting the disease in handling money and going out to make payments